MUMBAI, Indiax-Marriott Worldwide, Inc. introduced it has signed an settlement with Ventive Hospitality to open seven resorts as a part of a portfolio deal comprising 1,548 keys throughout 5 manufacturers. This contains a number of model debuts with a Ritz-Carlton Reserve in Sri Lanka, Marriott Inns & Resorts in Varanasi, Courtyard by Marriott in Mundra (Gujarat), and Moxy in Pune. Moreover, it’ll mark the third JW Marriott and second Moxy to open as a part of a dual-branded property in Mumbai. All seven properties are anticipated to open in 2030.
The multi-deal settlement was signed by Rajeev Menon, president, Asia Pacific excluding China, Marriott Worldwide and Atul Chordia, chairman and govt director, Ventive Hospitality Ltd. Ranju Alex, regional vice chairman, South Asia, Marriott Worldwide, Ranjit Batra, chief govt officer, Ventive Hospitality Ltd, Kiran Andicot, senior vice chairman, resort growth, Marriott Worldwide and Mr. Milind Wadekar, govt vice chairman, finance and investor relations, Ventive Hospitality Ltd have been additionally current to witness the collaboration.
“Our progress technique focuses on being current wherever our company wish to journey. We’re thrilled to work with Panchshil Realty and Ventive Hospitality, as we proceed to satisfy the rising demand for luxurious journey experiences and world-class hospitality providers”, remarked Rajeev Menon, president, Asia Pacific excluding China, Marriott Worldwide. “We’re particularly excited to have signed a Ritz-Carlton Reserve, which is anticipated to mark the model’s debut in Sri Lanka. As we speak’s signed settlement underscores our long-standing relationship with Panchshil Realty, and we look ahead to bringing these thrilling initiatives to fruition.”
Commenting on the announcement, Atul Chordia, chairman and govt director of Ventive Hospitality Ltd, mentioned, “We’re excited to start FY 2025-26 on a robust observe, notably as it’s our first monetary yr publish itemizing. This signing not solely strengthens our two-decade-long relationship with Marriott Worldwide but in addition marks a pivotal second in our journey to redefine India’s hospitality sector. By leveraging Marriott’s international experience and our deep actual property data, we goal to create distinctive locations that elevate visitor experiences for each enterprise and leisure vacationers, driving progress within the luxurious and upper-upscale segments and increasing our footprint past Pune, Bengaluru, and the Maldives. This collaboration underscores our dedication to aggressive progress whereas sustaining prudent leverage.”
Sharing his ideas, Mr. Ranjit Batra, chief govt officer, Ventive Hospitality Ltd., commented, “At Ventive Hospitality, we’re dedicated to driving aggressive progress, enhancing stakeholder worth, and redefining India’s hospitality panorama with globally benchmarked locations. Our strategic partnership with Marriott Worldwide is a pivotal step in the direction of this imaginative and prescient, delivering distinctive visitor experiences and contributing to the business’s progress. We’re excited in regards to the alternatives forward and look ahead to a profitable journey.”
Pottuvil, a Ritz-Carlton Reserve
Pottuvil, a Ritz-Carlton Reserve, introduces the model to Sri Lanka’s japanese coast. Positioned between the Indian Ocean and a lagoon, this property is surrounded by mangroves and wildlife. The Reserve is anticipated to supply 73 villas, and every could have a separate residing space, personal solar deck, and infinity plunge pool. The property may even embrace a group of eating venues, with two specialty eating places, alongside designed areas for leisure and discovery: the Ritz-Carlton Spa, a health middle, a marine and wildlife middle, a water sports activities membership, and the Ritz Children Recreation Heart. Curated sport drives and bespoke cultural immersions will likely be accessible as properly. Pottuvil is accessible through a six-hour drive from Colombo or by seaplane or chartered flight.
JW Marriott Navi Mumbai
Positioned within the satellite tv for pc metropolis of Mumbai, JW Marriott Navi Mumbai will provide a luxurious expertise. Plans for the resort embrace 450 rooms, with a number of wellness areas as properly, together with the JW Backyard and 5 culinary experiences. Moreover, the property is anticipated to offer 2000 sq. meters of versatile occasion area, an outside pool, the Spa by JW, and a health middle. The resort will likely be positioned close to the D.B. Patil Navi Mumbai Worldwide Airport.
Varanasi Marriott Lodge
The Varanasi Marriott Lodge is anticipated to incorporate 161 guestrooms and a mixture of three eating choices. The property additionally plans to offer the model’s signature M Membership Lounge – an unique space reserved for Elite and Membership members. Plans additionally embrace a health middle, the Quan spa, an outside swimming pool, and a multi-purpose occasion and assembly area. The resort will likely be a six-minute drive from the Lal Bahadur Shastri Worldwide Airport.
Courtyard by Marriott Mundra
Anticipated to comprise 200 keys, the Courtyard by Marriott Mundra is positioned inside proximity to the Mundra Port, within the Kutch district of Gujarat, India. The resort will present well-appointed facilities and good workspaces. Plans for the resort embrace an all-day eating restaurant with dwell stations, a café and bar, an outside swimming pool, a health middle, a spa, and banquet capacities for conferences and occasions.
Moxy Navi Mumbai
The 200-key Moxy Navi Mumbai is deliberate as a part of a dual-branded property with the JW Marriott Navi Mumbai and can host versatile guestrooms. The resort will embrace the Moxy Bar and the Moxy Kitchen & Pickups that may provide all-day meals and drinks and good meal choices. Plans for the property additionally embrace two assembly rooms and a health middle.
Moxy Pune Kharadi
The resort is anticipated to incorporate 200 guestrooms, social areas, the Bar Moxy, and a further restaurant and bar. Positioned close to the Pune Worldwide Airport, design plans for the property embrace a health club and 350 sq. meters of practical area, comprising two assembly rooms stuffed with pure daylight, paired with good services.
Moxy Pune Wakad
The resort, positioned about an hour away from the airport, is slated to comprise 264 keys and is a part of a mixed-use growth mission. The property may even embrace the Bar Moxy. Plans additionally cowl two assembly rooms and a health middle.