![]() Financial Daily from THE HINDU group of publications Thursday, Mar 31, 2005 |
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Corporate
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New Projects JW Marriott Hotel in Bangalore by 2007 Our Bureau
Bangalore , March 30 MARRIOT International has chosen Bangalore to locate its second property in the luxury brand, JW Marriott Hotel, which is scheduled to open in early 2007. The Garden City has earned the distinction of being the first city in the South while only the second in the country to covet the luxury brand hotel from Marriott after Mumbai. The 250-room JW Marriott Hotel property will be operated by the US hospitality major under a management agreement with the Mumbai-based Gstaad Hotels Pvt Ltd. Marriott International Inc is a hospitality company with over 2,600 lodging properties in the US and 65 other countries. In fiscal year 2004, Marriott International reported sales from continuing operations of $10 billion. The JW Marriott Hotel Bangalore will be part of a 14-acre UB City, being developed in the heart of the city as the new headquarters for United Breweries (UB) Group. With a one million-square-foot space, UB City will house prime office and retail space. The hotel will be situated on a three-acre site, closer to airport and swanky shopping centres, golf courses and race course. Said Mr Ed Fuller, President and Managing Director of international lodging for Marriott International, "Bangalore is one of India's most important commercial centres, and we are confident that this hotel in an excellent location in the heart of the city will be a welcomed addition to the city's business and tourism infrastructure." The Marriott International hotel portfolio in India consists of the 358-room JW Marriott Hotel Mumbai, the 153-room Goa Marriott Resort, the 220-room New Delhi Marriott Hotel, the 286-room Renaissance Mumbai Hotel & Conference Centre, and the 179-unit Lakeside Chalet Marriott Executive Apartments.
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