10 JW Marriott hotels to come up in India by 2015
Hotel chain Marriott on Wednesday said 10 hotels under luxury JW Marriott brand would come up at various locations across the country by 2015.business Updated: Jun 29, 2011 20:36 IST
Hotel chain Marriott on Wednesday said 10 hotels under luxury JW Marriott brand would come up at various locations across the country by 2015.
"Hotels under JW Marriott brand are coming up at various locations like Bangalore, Delhi Airport, Chennai, Kolkata, Pune, Mumbai etc..we will have hotels at 10 locations by year 2015 in India," Marriott International, vice president, Rajeev Monon told reporters.
New hotels which are coming up in the country under JW Marriott brand would spread over 3 to 5 acres of land with 200-250 rooms per hotel.
"About Rs 1.20 crore per room in a JW Marriott hotel, except land cost, is worked out at an investment in setting up," said Rajiv Puri, Vice President (Construction).
Marriott International also announced opening of its JW Marriott hotel in Chandigarh, which is second in the country after Mumbai, which came up in 2002.
Marriott International joined hands with local partner Lok Priya Buildwell to set up five star hotel here at 3 acres of land, entailing capital expenditure of Rs 350 crore.
"Chandigarh is a strategic city with pharmaceutical, IT and tourism sectors growing at a rapid pace," said Menon while replying to a query what promoted Marriott to open second hotel property under JW Marriott brand in the country.
Marriott International is also operating hotels under other brands like Renaissance, Courtyard etc in India.
Marriott is also keen to set up new hotels under Courtyard brand in Ludhiana, Jalandhar, Amritsar and Himachal Pradesh.
Headquartered at Maryland in US, Marriott International had 3,600 lodging properties in 71 countries and it reported sales of $12 billion in 2010 from its operations.