Ventive Hospitality Share Price Surges 3% on Partnership with Marriott for 7 Premium Hotels

Ventive Hospitality Limited has announced a major partnership with Marriott International, marking the signing of seven premium hotel projects across India and Sri Lanka. This deal, involving 1,548 keys, is a significant milestone following the company’s IPO, and reinforces its long-standing relationship with Marriott.

Details of the Signed Projects

The agreements were executed by wholly owned subsidiaries and Promoter Group Companies of Ventive Hospitality. Three of the seven hotels will be developed directly by Ventive:

The Ritz‑Carlton Reserve, Pottuvil, Sri Lanka (73 villas) – Marriott’s debut of The Ritz‑Carlton Reserve brand in Sri Lanka, near Yala National Park and Arugam Bay.

Varanasi Marriott Hotel (161 rooms) – A strategically located property near Lal Bahadur Shastri International Airport.

Courtyard by Marriott, Mundra (200 rooms) – Aimed at serving Gujarat’s seaport and industrial clientele.

The remaining four hotels will be delivered through Promoter Group entities and acquired by Ventive via ROFO-style agreements:

JW Marriott, Navi Mumbai (450 rooms) – The first luxury property near Navi Mumbai’s international airport.

Moxy Navi Mumbai (200 rooms) – A youthful lifestyle brand appealing to tech‑savvy travellers.

Moxy Pune Wakad (264 rooms) and Moxy Pune Kharadi (200 rooms) – Extending Ventive’s reach in key Pune markets.

Strategic Significance of the Partnership

This alliance, among the largest in India’s luxury and upper-upscale hotel segment, leverages Marriott’s global brand and Ventive’s development capability. Chairman Atul Chordia remarked that it marks a strong beginning to FY 2025–26, contributing to the company's post-IPO growth strategy. Marriott’s Asia Pacific leadership and Ventive’s CEO echoed the shared vision for expanding premium hospitality experiences in South Asia.

Also Read: OYO’s European Brand DanCenter Targets 250 New Vacation Homes In India In FY26!

Ventive Hospitality Stock Price Performance

As of July 8, 2025, at 01:52 PM, Ventive Hospitality share price is trading at ₹773.50 per share, reflecting a surge of 3.97%. Over the past month, the stock has gained approximately 3.04%.  

Conclusion

This seven‑property signing underscores Ventive Hospitality’s ambitious expansion and asset-light strategy, enhancing its premium hotel portfolio alongside Marriott. The move not only accelerates growth but also firmly positions Ventive in the competitive South Asian hospitality market.

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