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Marriott International and Brigade Hotel Partners to Open 6 New Hotels Together

Written by: Team Angel OneUpdated on: 14 Aug 2025, 7:33 pm IST
Brigade Hotel Ventures will partner with Marriott to open 6 new hotels in Southern India, adding 940 rooms across 4 markets under 5 Marriott Bonvoy brands.
Marriott International and Brigade Hotel Partners to Open 6 New Hotels Together
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Brigade Hotel Ventures Limited (BHVL) has entered into a multi-deal agreement with Marriott International, Inc. to build six hotels across four markets in Southern India, as per an exchange filing. The projects will collectively add about 940 rooms to BHVL’s portfolio. The hotels will operate under 5 Marriott Bonvoy brands: The Ritz-Carlton, JW Marriott, Marriott Hotels & Resorts, Courtyard by Marriott, and Fairfield by Marriott.

Current and Future Portfolio

With the new projects, BHVL and Marriott will have 8 hotels together, totalling 1,388 keys. The existing properties under this partnership include Sheraton Grand Bangalore at Brigade Gateway and Four Points by Sheraton Kochi Infopark. BHVL is currently the 2nd-largest owner of chain-affiliated hotels in South India among major private hotel asset owners as of March 31, 2025.

Project Timeline and Locations

The Courtyard by Marriott Chennai World Trade Center is expected to open in FY27 with 45 guestrooms and 2 dining outlets. Fairfield by Marriott Bengaluru International Airport, with 224 rooms and conferencing facilities, is planned for FY28. The Fairfield by Marriott Bengaluru Brigade Valencia, featuring 151 rooms, is also scheduled for FY28.

The Ritz-Carlton Vaikom Island, Kerala, is planned as a 70-key all-villa retreat, each villa with a private pool, set to open in FY29. JW Marriott Chennai OMR is expected in FY30 with 250 rooms, multiple wellness spaces, and 1,400 square meters of meeting facilities.

The Thiruvananthapuram Marriott Hotel World Trade Center will form part of a mixed-use development, offering 200 rooms, five dining venues, and meeting spaces. It is slated for completion in FY30.

Read more: Brigade Group Signs JDAs for Hyderabad Citadel 2 and Citadel 3 with ₹970 Crore Revenue Potential!

About Brigade Hotel Ventures

BHVL is a subsidiary of Brigade Enterprises Limited and operates hotels in cities such as Bengaluru, Chennai, Kochi, Mysuru, and GIFT City. The company’s portfolio spans upper upscale to midscale segments and includes properties operated by Marriott, Accor, and InterContinental Hotels Group.

Brigade Hotel Ventures Share Price 

As of 10:49 AM on August 14, 2025, Brigade Hotel Ventures share price was trading at ₹83.65, up ₹0.18 or 0.22% from the previous closing price.

Conclusion

The 6 upcoming hotels represent a planned addition to BHVL’s hospitality portfolio, expanding its presence in key Southern Indian markets and increasing room capacity across multiple categories.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 14, 2025, 11:36 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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