World’s largest hotel chain, Marriott-Starwood combine, which opened its 81st hotel in Kolkata on Tuesday, is planning to open four more hotels by the end of this year in India as the country remains second largest market for it in Asia after China.
After Marriott International completed the acquisition of Starwood Hotels & Resorts Worldwide in September this year, the combined entity becomes the world’s biggest hotel chain. At present this US-based hotel chain is also the largest hotel chain in India with over 18,000 rooms.
The 24-story luxury property, opened in Kolkata, is the 8th JW Marriott Hotel in the country. Marriott will be operating this hotel, built by the city-based Mani Group with a a cost of around Rs. 1200 crore. This is the first hotel in East India launched by Marriott International.
“Marriott-Starwood combine will have 85 hotels in India by the end of this year. We are extremely bullish on India as the country is the second largest market for us in Asia after China,” said Rajeev Menon, chief operating officer, Asia Pacific (excluding Greater China), Marriott International.
Marriott-Starwood combine is likely to take total number of hotels it operates to over 160 in the country. “Another 85 hotels are under construction in India,” Menon said.
The hotel chain will open a property under its ‘Courtyard’ brand in West Bengal’s Siliguri by the end of 2017. It currently has 14 properties under Courtyard, which is an entry-level five-star brand, in India.
Neeraj Govil, area vice president , South Asia, Marriott International, said, “For the company, around 60% of total business is coming from domestic travellers, mainly from MSME segment, in India. We expect good hotel accupancy in Kolkata also as the city remains internationally connected with Hong Kong, UK and Middle East.”