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india: Marriott International anticipating top line revenues exceeding $ 1 billion in India this year

Marriott International has seen a revenue per available room (RevPar) growth of 35% in India in the first half of this year compared to 2019, according to Rajeev Menon, President, Asia Pacific (excluding China) at Marriott International. Menon said the country s hospitality sector is experiencing both demand and margin growth, with people willing to pay more for travel experiences. Marriott is anticipating top-line revenue exceeding $1 billion this year in India. Menon also highlighted the growth potential in secondary and tertiary markets in India and the strong performance of luxury brands in the country.

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Times 40 Under 40 West – 2023 Leaders: Honouring Excellence - I

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