Ventive Hospitality Limited, along with its promoter group companies, has announced a major expansion of its partnership with Marriott International, formalizing management contracts for seven hotels featuring 1,548 rooms in India and Sri Lanka.

This collaboration represents several brand introductions at significant locations such as Sri Lanka, Varanasi, Mundra, Pune, and Navi Mumbai. Importantly, Ventive Hospitality has pledged to build a new hotel on its existing leasehold in Mundra, India.

Among the seven hotels, Ventive Hospitality and its subsidiaries will manage three locations:

• The Ritz-Carlton Reserve: 73 villas and 80 branded residences located near Yala East National Park, Sri Lanka.
• Varanasi Marriott Hotel: 161 rooms in Varanasi, India.
• Courtyard by Marriott: 200 rooms in Mundra, India.

The remaining four hotels, consisting of the upcoming JW Marriott Navi Mumbai (450 rooms), Moxy Navi Mumbai (200 rooms), Moxy Pune Wakad (264 rooms), and Moxy Pune Kharadi (200 rooms), will be developed by the promoter group companies and are set to transition under a suitable agreement aimed at enhancing stakeholder value.

This partnership, showcasing one of India’s largest ventures in luxury and upscale accommodations, is poised to harness the strengths of both Ventive Hospitality’s project execution and Marriott International’s brand prestige and management expertise, unlocking significant growth opportunities in a favorable demand-supply environment.

Atul Chordia, Chairman and Executive Director of Ventive Hospitality, expressed enthusiasm about this development, stating, “We’re excited to begin FY 2025-26 on a strong note… This collaboration underscores our commitment to aggressive growth while maintaining prudent leverage.”

Rajeev Menon, President of Asia Pacific (excluding China) at Marriott International, highlighted their growth strategy, noting the importance of strategically positioned locations to meet luxury travel demands. “Today’s signed agreement underscores our long-standing relationship with Ventive Hospitality, and we look forward to bringing these exciting projects to fruition.”

Ranjit Batra, CEO of Ventive Hospitality, reiterated the company’s dedication to enhancing stakeholder value while redefining industries through globally competitive hospitality standards.