Ventive Hospitality Limited has deepened its partnership with Marriott International by signing management contracts for seven new luxury, upper-upscale, and upscale hotels. The projects will add 1,548 rooms across key markets in India and Sri Lanka, introducing top Marriott brands in cities like Sri Lanka, Varanasi, Mundra, Pune, and Navi Mumbai.
Three of these hotels—Ritz-Carlton Reserve in Sri Lanka (73 villas + 80 branded residences), Varanasi Marriott Hotel (161 rooms), and Courtyard by Marriott in Mundra (200 rooms)—will be directly developed by Ventive Hospitality and its subsidiaries. The other four—JW Marriott Navi Mumbai (450 rooms), Moxy Navi Mumbai (200 rooms), Moxy Pune Wakad (264 rooms), and Moxy Pune Kharadi (200 rooms)—will be built by Promoter Group companies and later transferred to Ventive Hospitality under value-maximizing structures.
Atul Chordia, Chairman and Executive Director of Ventive Hospitality Ltd, stated, “We’re excited to begin FY 2025-26 on a strong note, particularly as it is our first financial year post listing. This partnership not only strengthens our two-decade-long relationship with Marriott International but also marks a pivotal moment in our journey to redefine India’s hospitality sector. By leveraging Marriott’s global expertise and our deep real estate knowledge, we aim to create distinctive destinations that elevate guest experiences for both business and leisure travelers, driving growth in the luxury and upper-upscale segments and expanding our footprint beyond Pune, Bengaluru, and the Maldives. This collaboration underscores our commitment to aggressive growth while maintaining prudent leverage.”
This marks one of India’s largest hospitality collaborations, combining Ventive’s execution strength with Marriott’s global hospitality leadership. The partnership aims to unlock strong growth potential in a high-demand market, further solidifying Ventive’s position in the premium hotel space.
