Ventive Hospitality expands Marriott partnership with seven new hotels

To add 1,548 rooms in India and Sri Lanka

Ventive Hospitality and Marriott International have signed an agreement for seven new hotels, totalling 1,548 rooms, marking major brand debuts and expansion across India and Sri Lanka.

Ventive Hospitality, luxury hotels and resorts company, in collaboration with its Promoter Group Companies, has announced a major expansion of its partnership with Marriott International, American hospitality giant, signing management contracts for seven new luxury, upper-upscale and upscale hotels across India and Sri Lanka.

In a press statement, Marriott international says that the agreement will add a total of 1,548 rooms, marking significant brand debuts in key locations such as Sri Lanka, Varanasi, Mundra, Pune and Navi Mumbai. The statement adds that of the seven properties, three will be developed directly by Ventive Hospitality and its subsidiaries.

According the statement, these include the Ritz-Carlton Reserve at Pottuvil, Sri Lanka, featuring 73 villas and 80 branded residences near Yala East National Park; the Varanasi Marriott Hotel with 161 rooms, strategically located near Lal Bahadur Shastri International Airport; and the Courtyard by Marriott in Mundra, Gujarat, which will offer 200 rooms aimed at serving the region’s growing seaport and industrial clientele.

Marriott International says the remaining four hotels, JW Marriott Navi Mumbai with 450 rooms, Moxy Navi Mumbai with 200 rooms, Moxy Pune Wakad with 264 rooms and Moxy Pune Kharadi with 200 rooms, are being developed by Promoter Group companies.

It adds that these will be transferred to Ventive Hospitality under a Right of First Offer (ROFO) or alternative value-maximising structures, ensuring equitable benefit for all stakeholders.

The announcement was made by Atul Chordia, Chairman and Executive Director of Ventive Hospitality, alongside senior leaders from both companies. This expansion not only strengthens a two-decade-long relationship with Marriott but also marks a pivotal moment for Ventive Hospitality as it enters its first financial year post-listing, aiming to redefine the hospitality landscape in the region, says Chordia.

“We are excited to begin FY 2025-26 on a strong note, particularly as it is our first financial year post listing. This partnership not only strengthens our two-decade-long relationship with Marriott International but also marks a pivotal moment in our journey to redefine India’s hospitality sector. By leveraging Marriott’s global expertise and our deep real estate knowledge, we aim to create distinctive destinations that elevate guest experiences for both business and leisure travelers, driving growth in the luxury and upper-upscale segments and expanding our footprint beyond Pune, Bengaluru and Maldives. This collaboration underscores our commitment to aggressive growth while maintaining prudent leverage,” says Chordia.

“Our growth strategy focusses on being present where our guests are looking to travel. We are thrilled to work with Ventive Hospitality, as we continue to meet the growing demand for luxury travel experiences and world-class hospitality services. We are especially excited to have signed the Ritz-Carlton Reserve, which is expected to mark the brand’s debut in Sri Lanka. Today’s signed agreement underscores our long-standing relationship with Ventive Hospitality, and we look forward to bringing these exciting projects to fruition,” says Rajeev Menon, President, Asia Pacific (excluding China), Marriott International.

“At Ventive Hospitality, we are committed to driving aggressive growth, enhancing stakeholder value and redefining India’s hospitality landscape with globally benchmarked destinations. Our strategic partnership with Marriott International is a pivotal step towards this vision, delivering exceptional guest experiences and contributing to the industry’s growth. We are excited about the opportunities ahead and look forward to a successful journey,” says Ranjit Batra, CEO of Ventive Hospitality.