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Friday, November 15, 2024

Marriott International and Oberoi Realty partner to elevate Mumbai’s hospitality landscape with flagship hotels

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Marriott International has partnered with Oberoi Realty Ltd to bring the Marriott Hotels flagship brand and its JW Marriott portfolio to Mumbai. Scheduled to open between 2027 and 2028, the JW Marriott Hotel Thane Garden City and Mumbai Marriott Hotel Sky City will enhance the city’s hospitality scene.

Rajeev Menon, President Asia Pacific, excluding China, Marriott International, expressed excitement about Mumbai’s real estate development phase, stating, “This collaboration reinforces Mumbai as a strategically important market.”

During the signing ceremony for the mentioned hotels, Menon expressed that Marriott International achieved a turnover of INR 9,000 crore in FY24, marking a 32% rise in RevPAR. He additionally conveyed his strong optimism regarding the Indian market, citing the growth in tourism and infrastructure development across the country.

“I see tremendous potential in secondary and tertiary markets, in light of the growing income of Indians,” Menon added. About the mixed use properties in Mumbai, Menon said the existing partnerships with Oberoi Realty in Mumbai are a “success story of such models”.

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Located on the north-eastern outskirts of Mumbai, the JW Marriott Hotel Thane Garden City will boast 280 guestrooms featuring residential-inspired interiors. Complementing its offerings, the hotel will house three dining outlets, a lobby lounge, a pool bar, a 25-metre outdoor swimming pool, a fitness centre, and the renowned Spa by JW. With 1,670 square meters of event space, the hotel aims to cater to small to medium-scale events. The JW Marriott Hotel Thane Garden City, slated for 2025, along with the Mumbai Marriott Hotel Sky City anticipated in 2026, will collectively contribute 560 rooms to the financial hub of India.

Meanwhile, the Mumbai Marriott Hotel Sky City in Borivali will provide accommodation with 280 guestrooms. The establishment will feature three dining venues, comprising an all-day dining restaurant, a specialty restaurant, and a patisserie, in addition to a bar lounge and the Greatroom lobby—a globally recognized brand signature. The hotel intends to incorporate amenities such as the M Club lounge, a fitness centre, Quan Spa, an outdoor swimming pool, and versatile event spaces.

Continue Exploring: India’s hospitality industry toasts to 2024 with high hopes and record-breaking revenue growth

Vikas Oberoi, Chairman & Managing Director of Oberoi Realty Ltd, highlighted that JW Marriott Hotel Thane Garden City will be integrated within the larger Oberoi Garden City development, whereas the Mumbai Marriott Hotel Sky City will form an integral part of Sky City in Borivali East.

He added, “We look forward to continuing our long-standing association with Marriott International.”

This strategic collaboration is in line with Marriott’s global vision, ensuring that both residents and visitors in Mumbai have access to top-tier brands and outstanding hospitality experiences.

Marriott International boasts a portfolio of nearly 8,800 properties spanning over 30 renowned brands across 139 countries and territories worldwide. In India, it manages 148 hotels under 17 distinct brands, with an additional 75 hotels in various stages of development.

Continue Exploring: India’s hospitality sector records 15.8% year-on-year RevPAR growth in Q4 2023: JLL Report

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