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.
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.
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!
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%.
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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Published on: Jul 8, 2025, 2:33 PM IST
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