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Marriott International, world's largest hotel chain, betting big on India with over $1 billion revenue this year

India Business News: Presently, Marriott boasts 145 operational hotels in India, comprising around 27,000 rooms, with 10 new hotels having been inaugurated this year. ....

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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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Marriott to post over $1b in India revenue this year: Rajeev Menon, president, Asia Pacific at Marriott International

Marriott has 145 operational hotels in India totalling about 27,000 rooms and has opened 10 new hotels so far this year. "We have signed over eight hotels this year already, and there are a number of ongoing discussions. We have 145 hotels open in India, and in South Asia, 156, but in India itself, between now and the end of next year alone, we will add 50 more hotels," said Menon. ....

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