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Betting big on the revival in leisure spend by domestic tourists and increased business events, global hotel chain Marriott International looks to expand its presence in India by adding 20 more properties under its brand from the existing 98 hotels in the next one year.
On Friday, the company launched its latest 155-room property under the brand of Renaissance Ahmedabad - a distinctive lifestyle brand from Marriott. Located near Gujarat High Court, the newly built property aims to provide top-end luxury experience to the visitors with local feel.
Renaissance is among the 15 brands that the company operates in India including Courtyard by Marriott and JW Marriott among others. The Renaissance Ahmedabad Hotel features a contemporary design juxtaposed against the heritage background of Ahmedabad and ensures the visitors get a feel of local culture.
"Ahmedabad being known as UNESCO World Heritage City, we expect a combination of business and leisure visitors. The property has been designed in such as way to give a local feel with luxury hospitality to the visitors," said Neeraj Govil, Area Vice President, South Asia, Marriott International. The property will also have 30,000 square feet area for meet space.
With the latest launch in Ahmedabad, Marriott has three Renaissance properties in India the other two being in Lucknow and Mumbai each.
Senior officials from the hotel group stated that the overall average occupancy hovered at around 75 per cent and the increased business activity will further boost the business for the brand.
"For the January-December period, we have achieved a double digit growth in revenue per available room. Out of the 20 planned hotels in 2018, four would come up in Bengaluru itself," said Govil adding that in Gujarat, Marriott will have seven new hotels in the next three years.
Hospitality investment player SAMHI Group - having investments from global agencies like World Bank and Goldman Sachs among others, has investments in 14 properties being managed by Marriott with over 2000 keys in India. The SAMHI Group has total 29 hotels across India of which 24 are operational.
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