Hospitality main Marriott International is planning so as to add about 10 extra lodges in India and neighbouring nations, through the first half of 2023, stated Gaurav Singh, Market Vice President, South & East India, Bangladesh and Sri Lanka.
“We are planning to open 13-15 hotels during 2023. In the first six months, we will add 6-7 hotels in India, two in Colombo and one in Dhaka,” he stated.
According to him, the brand new lodges would come up in Bengaluru, Kochi, Trivandrum, Vizag, Hyderabad and Shillong underneath model names resembling Tribute, Westin and Courtyard.
On the worldwide aspect, he stated they have been including two extra lodges with 460 keys (rooms) in Colombo (Sheraton and Courtyard) taking the full to 4 lodges.
In Dhaka, the hospitality main is working three lodges and the fourth one will likely be added underneath the Sheraton model. It can have 300 keys.
“The tourism industry has picked up both in the domestic market as well as in neighbouring countries. Bangladesh economy is doing well, so as the garment industry and it is good for the tourism sector. Sri Lanka came out of COVID very early and had good business in January and February,” he stated.
Following the profitable conversion of the erstwhile Sangam Hotel in Madurai into five-star class, the hospitality main replicated it in Tiruchirappalli lately underneath Courtyard by Marriott model title with 108 keys.
Stating that the group operated 134 lodges in India and had 60 agreements in place, he stated: “We are looking for properties in tier-II and tier-III cities as it offers good business. It can be resorts or hill stations. We follow asset light model and hence our investment is minimal,” he stated.