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Karanvir Vasudeva s Storii Moira in Goa has 78% occupancies with average room tariffs of Rs 16,500. Goa sees a rise in branded hotel openings and signings. IHCL and Marriott International are in discussions for the Moxy brand. Hyatt recently launched JdV by Hyatt brand. Newer restaurant concepts are emerging in the luxury segment.
Marriott said its plan underscores the company s growth in the region, where it currently has a portfolio of 160 operating properties across 17 distinct brands. The company operates 148 hotels in India. In 2024, Marriott anticipates opening 14 hotels, following the brand debut of Moxy in South Asia in early January 2024.
Kiran Andicot, regional vice president, South Asia for hotel development at Marriott International said the chain opened 12 hotels, totalling 1,431 rooms, in India last year. Andicot said the numbers for India could be in the same range as in 2023. Jaideep Dang, MD, hotels and hospitality group at JLL, said 2023 was the best year ever in terms of hotel openings.