Ventive Hospitality Limited, in collaboration with its Promoter Group Companies, has announced a significant expansion of its strategic partnership with global hospitality leader Marriott International. The new agreement includes the development and management of seven hotels comprising 1,548 rooms across key locations in India and Sri Lanka, including several brand debuts in underserved markets.

The announcement marks a major milestone for Ventive Hospitality, as it builds on its two-decade-long relationship with Marriott and begins its first full financial year as a listed entity.

Three of the seven hotels will be developed directly by Ventive Hospitality and its subsidiaries. These include the Ritz-Carlton Reserve in Pottuvil, Sri Lanka, featuring 73 luxury villas and 80 branded residences (currently under LOI); the Varanasi Marriott Hotel with 161 rooms; and the Courtyard by Marriott in Mundra, offering 200 rooms near one of India’s largest commercial ports.

The remaining four properties—JW Marriott Navi Mumbai (450 rooms), Moxy Navi Mumbai (200 rooms), Moxy Pune Wakad (264 rooms), and Moxy Pune Kharadi (200 rooms)—are being developed by Promoter Group companies and will be integrated into Ventive Hospitality’s portfolio through Right of First Offer (ROFO) or equivalent value-maximizing structures.

This deal represents one of the largest hotel management signings in India’s luxury and upper-upscale segments. It also marks the Ritz-Carlton Reserve brand debut in Sri Lanka, while expanding Marriott’s Moxy brand footprint in India. Ventive aims to capitalize on favorable demand-supply dynamics in rapidly emerging business and leisure destinations such as Navi Mumbai, Pune, Mundra, and Varanasi.

Speaking on the development, Atul Chordia, Chairman and Executive Director of Ventive Hospitality, said:

“This partnership not only strengthens our longstanding relationship with Marriott but also marks a pivotal moment in our journey to redefine hospitality in India. With Marriott’s global brand expertise and our project execution strengths, we are confident of delivering exceptional value to stakeholders and guests alike.”

Rajeev Menon, President, Asia Pacific (excluding China), Marriott International, added:

“We are thrilled to work with Ventive Hospitality in expanding our presence in high-growth markets. This partnership reflects our focus on meeting growing demand for luxury and lifestyle hotels across South Asia.”

Ventive’s CEO Ranjit Batra emphasized that the collaboration aligns with the company’s vision of aggressive growth through globally benchmarked properties and differentiated guest experiences. With this partnership, Ventive expands its presence beyond Pune, Bengaluru, and the Maldives, entering strategic new markets in India and Sri Lanka.

💬 What’s Your Take?

• Will this partnership redefine premium hospitality in emerging Indian markets?
• Can Ventive become a major player alongside global hotel developers?

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