India Daily: Marriott Aims for 250 Properties Across India by 2025
Photo Credit: The lobby of the Courtyard by Marriott Madurai. Source: Source: TID International (India) Marriott International
Skift Take
The Indian hospitality segment is highly undersupplied, especially in terms of quality accommodation. International hotel chains are well-positioned to cater to this demand.
Marriott plans to have 250 properties across India by 2025, including hotels that are open and in the pipeline. “We're in 40 cities today, that should be 50 cities or more by 2025,” said Marriott International CEO Anthony Capuano, adding that this would help create 10,000 new jobs in the country. Capuano, who was visiting India last week, spoke about his meeting with the Indian tourism minister during which they discussed the importance of continuing to tell the story about the rich and diverse set of experiences that the country offers. “And we want to make sure we have lodging options in all of those diverse destinations,” Capuano said. Reiterating Marriott’s “relatively simple” development strategy of providing the right product in every market the travelers want to visit for any type of trips, Capuano said the hotel group would continue to stay focused on India’s “strong and growing” domestic market. However, he did mention that the hotel group is a long wa