Accelerating Growth, Unlocking New Opportunities

Commenting on the announcement, Atul Chordia, Chairman and Executive Director of Ventive Hospitality Ltd, said, “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 travellers, driving growth in the luxury and upper-upscale segments and expanding our footprint beyond Pune, Bengaluru, and the Maldives. This collaboration underscores our commitment to aggressive growth while maintaining prudent leverage.”

Rajeev Menon, President–Asia Pacific (excluding China), Marriott International, remarked, “Our growth strategy is anchored in being present where our guests aspire to travel. We are delighted to deepen our collaboration with Ventive Hospitality as we continue to cater to the rising demand for luxury travel and exceptional hospitality experiences across the region. The signing of Ritz-Carlton Reserve is a particularly exciting milestone. This agreement reinforces our long-standing relationship with Ventive Hospitality, and we look forward to bringing these landmark projects to life.”

Ranjit Batra, CEO of Ventive Hospitality Ltd, shared, "At Ventive Hospitality, our focus is on driving accelerated growth, creating long-term stakeholder value, and reshaping India’s hospitality landscape through globally benchmarked destinations. This strategic partnership with Marriott International marks a significant step towards realising that vision—delivering exceptional guest experiences while contributing meaningfully to the industry’s evolution.”

This partnership, among India’s largest in the luxury and upper-upscale hotel segment, combines Ventive Hospitality’s robust project execution capabilities with Marriott International’s globally acclaimed brands and management expertise. Together, they are well-positioned to capitalise on favourable demand-supply dynamics and unlock significant growth opportunities.

Key Offerings Under the Proposed Partnership

Pottuvil, a Ritz-Carlton Reserve (73 Villas)

Pottuvil, a Ritz-Carlton Reserve, will be located in close proximity to Yala National Park and the surfing hub of Arugam Bay, and offer wildlife experiences, exotic beaches, and bespoke cultural encounters, allowing guests to indulge in the best of Sri Lanka's natural beauty and rich heritage.

Varanasi Marriott Hotel (161 Rooms)

The Varanasi Marriott Hotel, located at a six-minute drive from the Lal Bahadur Shastri International Airport, is poised to cater to Varanasi's growing religious tourism segment, and will blend modern comforts with the city's timeless spiritual essence.

Courtyard by Marriott Mundra (200 Rooms)

The Courtyard by Marriott Mundra will be within close proximity to the Mundra Port in the Kutch district of Gujarat, India, that offers India's largest private commercial seaport that enhances its appeal to businesses.

JW Marriott Navi Mumbai (450 Rooms)

JW Marriott Navi Mumbai, will be located near the new Navi Mumbai International Airport, is a luxury hotel that will offer an elevated luxury experience, integrating the brand's signature focus on mindfulness, exceptional service, and sophisticated design.

Moxy Navi Mumbai (200 Rooms)

Moxy Navi Mumbai will be located adjacent to the JW Marriott Navi Mumbai, and within proximity to the new Navi Mumbai International Airport. In addition to this, a further brand debut is planned for Pune, a bustling educational hub and a growing IT Center.

Moxy Pune Wakad (264 Rooms)

Moxy Pune Wakad, will be located in the western IT office corridor of Pune and in close proximity to the engineering and manufacturing hub of Pune.

Moxy Pune Kharadi (200 Rooms)

Moxy Pune Kharadi, will be located in the Eastern IT office corridor of Pune, and is approximately 7 km from the Pune International Airport.