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Mumbai, Maharashtra, India
The Marriott International (NYSE:MAR) hotel brands portfolio in India will more than triple by year-end 2010, the company announced here today.
Over the next 36 months, the Marriott International hotel portfolio in India will grow to encompass 21 properties; six lodging brands ranging from the luxury to the upper-moderate tier; and 5,524 rooms.
Included in the expansion are:
-- three JW Marriott Hotels & Resorts properties and one Ritz-Carlton hotel in the luxury tier.
-- one Marriott Hotels & Resorts hotel and one Renaissance Hotels & Resorts property in the upscale, deluxe category.
-- one Marriott Executive Apartments property for extended-stay travelers.
-- eight Courtyard by Marriott hotels in the upper-moderate segment.
All hotels will operate under long-term management contracts. Currently, the company's portfolio in India consists of six hotels, five brands and 1,534 rooms.
Announced today are the following six hotels, all of which are expected to open in 2009:
JW Marriott Hotels & Resorts:
The stunningly elegant 371-room JW Marriott Hotel Chennai will be located on Santhome Road in the developing commercial area to the southeast of Chennai's central business district. The JW Marriott Hotel Chennai will offer spacious accommodations featuring baths with separate showers and tubs. For dining and entertainment, the hotel will have a casual restaurant, two specialty restaurants, a cafe deli/bakery, a lobby lounge/bar and a pool bar. Recreational amenities will include a spa and fitness center featuring 10 treatment rooms and a 1,100-square meter gym with sauna, a steam room and Jacuzzi. The hotel will also have an executive lounge, a business center with four workstations, a gift and sundries shop and additional retail shops. For social events and conferences, the JW Marriott Hotel Chennai will have 1,600 square meters of space comprised of a 1,000-square meter ballroom that it divisible into five sections; a 283-square meter junior ballroom divisible into two sections; and four additional meeting rooms in varying configurations. The hotel is owned Viceroy Hotels Ltd.
Renaissance Hotels & Resorts:
The stylish 328-room Renaissance Bangalore Hotel will be located on Bannerghatta Road to the south of the Bangalore city center in the 14.5-acre IBC Knowledge Park, a large mixed-use development that also includes a multi-phased office complex. Guestrooms at the Renaissance Bangalore Hotel will measure 40 square meters and will offer bathrooms with separate shower and tub. Amenities will include an executive lounge with one meeting room for private meetings, a 750-square meter spa, a fitness center, an outdoor swimming pool, a business center, a gift/sundries shop and additional retail shops. For dining and entertainment, the hotel will have a casual restaurant, two specialty restaurants, a lobby lounge and bar, a pool bar and a night club. For conferences and social events, the Renaissance Bangalore Hotel will offer 920 square meters of space including a 450-square meter ballroom that will be divisible into three sections, a 250-square meter junior ballroom that will be divisible into two sections, a 60-square meter meeting room and two 40-square meter board rooms. The hotel is owned by New India Hotels Private Ltd.
Marriott Executive Apartments:
-- The 129-unit Marriott Executive Apartments Gurgaon will be located in the Greenwood City area of Gurgaon and will be the only branded serviced-apartment facility in the area. Nearby, a one million-square foot office complex and a 60,000-square foot office tower are under construction. The Marriott Executive Apartments Gurgaon will offer tastefully-furnished studios, one-, two- and three-bedroom units and will provide its residents with the comforts of home plus the indulgence of quality hotel service. Services will include round-the-clock staffing, housekeeping and laundry service, fully-equipped kitchens and dedicated work and relaxation areas. Other amenities will be comprised of a casual restaurant, a fitness facility, an outdoor swimming pool, a resident lounge for social gatherings, a resident service desk, a multi-purpose game room, valet/laundry service, a sundry/gift shop and on-site resident storage and parking.
-- A 108-square meter business center will have two meeting rooms and two workstations. The property is owned by Unitech Ltd.
Courtyard by Marriott:
Courtyard by Marriott guest rooms are generally larger than those offered by local competitors and feature an oversized work desk, two telephones, a data-port, high-speed internet access, comfortable sitting area, in-room safe, coffee service and Marriott's comfortable beds—all in a welcoming environment.
-- The 170-room Courtyard by Marriott Ahmedabad will be located at the Ramdev Nagar junction on Satellite Road, approximately six kilometers west of the city center. Recreational amenities at the Courtyard by Marriott Ahmedabad will include an outdoor swimming pool and a 150-square meter fitness center. The hotel will offer a business center with two work stations, a sundry shop and "grab & go" service. For dining and entertainment, the hotel will have an all-day casual restaurant, a specialty restaurant and a lounge. For conferences and social events, the Courtyard by Marriott Ahmedabad will have 410 square meters of public space including a 250-square meter junior ballroom that will be divisible into two sections; an 80-square meter meeting room and two 40-square meter meeting rooms. The hotel is owned by Pacifica Hotels Private Ltd.
-- The 299-room Courtyard by Marriott Mumbai International Airport will be located on Andheri Kurla Road, approximately four kilometers from Mumbai Chhatrapati Shivaji International Airport and eight kilometers from Santa Cruz Domestic Airport. Recreational amenities will include an outdoor swimming pool and a fitness center. Business travelers will also appreciate the hotel's executive lounge and business center. For dining an entertainment, the hotel will have a casual restaurant offering buffet service, a specialty restaurant and a lobby lounge. For conferences and social events, the Courtyard by Marriott Mumbai International Airport will have 460 square meters of flexible space including a 250-meter ballroom that will be divisible into two sections; a 130-square meter conference room that can be divided into two sections; and two additional meeting rooms, each measuring 40 square meters. Additionally, the hotel will have a sundry shop and a "grab & go" kiosk. The hotel is owned by Kanakia Hospitality Pvt. Ltd.
-- The 210-room Courtyard by Marriott Pune City Centre will be located on Sasson Road, adjacent to Jehangir Hospital, approximately one-half kilometer from the Pune railway and bus stations and 10 kilometers from the Pune Lohegaon Airport.In the vicinity are Pune's most popular restaurants, discos, pubs and shops as well as numerous corporate offices and commercial centers. For dining and recreation, the hotel will have an all-day casual restaurant, a specialty restaurant and a restaurant bar/lounge. Other amenities will include an executive lounge, a business center featuring two meeting rooms and two work stations; a sundry shop, and a "grab & go" kiosk. For small conferences and social events, the hotel will have 190 square meters of space consisting of four meeting rooms in varying configurations. The Courtyard by Marriott Pune City Centre is owned by Capricorn Plaza Pvt. Ltd.
These six hotels join nine previously-announced properties that are soon to start, or are currently under, construction in Bangalore, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida and Pune. In addition, the existing 286-room Renaissance Mumbai Hotel is undergoing a 302-room expansion that is scheduled for completion in 2008.
"We are pleased by the depth and scope that our expanding hotel portfolio is taking in India," said Ed Fuller, president and managing director of international lodging of Marriott International.
"Our goal is to appeal to a wide range of travelers, both those visiting India from abroad as well as local travelers within India and we are confident that the portfolio that we, along with our local investors and partners, are building will be appreciated for their sophisticated amenities as well as for providing good value—whether at the luxury, upscale or upper-moderate segments of the travel continuum," he continued.
"Most of all, we are excited to be part of India's emergence as an economic and tourism leader in Asia and plan to continue doing our part to help the communities in which we are located and to be the kind of company that people want to work for," he said, noting the "best employer" accolades earned earlier this year by the Marriott hotels in India.
Mr. Fuller indicated that Marriott International expects to announce additional hotels for India in the near future. "We recently opened a development office in New Delhi whose only goal is to grow our representation in India," he said.
Marriott International began operations in India in 1999 with the opening of the 178-room Goa Marriott Resort. That hotel was followed in 2001 with the opening of the 177-unit Lakeside Chalet Marriott Executive Apartments in Mumbai for extended-stay travelers. Since then, the 286-room Renaissance Mumbai Hotel & Conference Center, the 358-room JW Marriott Hotel Mumbai, the 238-room Courtyard by Marriott Chennai, and the 297-room Hyderabad Marriott Hotel have all joined the Marriott International brands portfolio in India.
In addition to the six properties announced today, the following Marriott International branded hotels will join the company's portfolio in India through 2010; all have been previously announced:
-- 250-room JW Marriott Hotel Bangalore (2008)
-- 199-room Courtyard by Marriott Gurgaon (2008)
-- 426-room Pune Marriott Hotel & Conference Center (2009)
-- 153-room Courtyard by Marriott West Pune (2009)
-- 210-room Courtyard by Marriott Noida (2009)
-- 250-room Courtyard by Marriott Kolkata New Town (2009)
-- 193-room Courtyard by Marriott Hyderabad (2009)
-- 250-room JW Marriott Hotel Pune City Center (2010)
-- 250-room The Ritz-Carlton, Bangalore (2010)
Marriott International is a leading lodging company with more than 2,800 lodging properties in 68 countries and territories worldwide. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, Horizons by Marriott Vacation Club, the Ritz-Carlton Club and Grand Residences by Marriott brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. The company is headquartered in Washington, D.C., and had approximately 151,000 employees at 2006 yearend. It is ranked as the lodging industry's most admired company and one of the best places to work by FORTUNE. The company is also a 2006 U.S. Environmental Protection Agency (EPA) ENERGY STAR Partner. In fiscal year 2006, Marriott International reported sales from continuing operations of $12.2 billion. For more information or reservations, please visit our web site at www.marriott.com
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Edwin D Fuller; President & MD
Source: Marriott International Inc. (Business Wire India)
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