Ventive Hospitality Limited, along with its Promoter Group Companies, has announced a major expansion of its strategic alliance with Marriott International, signing management contracts for seven luxury, upper-upscale, and upscale hotels totaling 1,548 rooms across India and Sri Lanka. Further, Ventive Hospitality also announced its plans to develop a hotel on its existing leasehold land in Mundra, India.
Three hotels—Ritz-Carlton Reserve in Pottuvil, Sri Lanka (73 villas + 80 branded residences), Varanasi Marriott Hotel (161 rooms), and Courtyard by Marriott in Mundra (200 rooms)—are being developed directly by Ventive Hospitality and its subsidiaries. The remaining four—JW Marriott Navi Mumbai (450 rooms), Moxy Navi Mumbai (200 rooms), Moxy Pune Wakad (264 rooms), and Moxy Pune Kharadi (200 rooms)—are being developed by Promoter Group companies under Right of First Offer (ROFO) or alternative structures and will be transferred to Ventive under value-maximizing arrangements2.
This partnership marks multiple brand debuts in key destinations and is expected to double Ventive’s portfolio to over 4,000 keys in the next 4–5 years. It also signals a strategic leap in Ventive’s post-listing growth trajectory, leveraging Marriott’s global brand equity and Ventive’s execution capabilities to meet rising demand for luxury travel experiences.
“This collaboration marks a pivotal moment in our journey to redefine India’s hospitality sector,” said Atul Chordia, Chairman and Executive Director, Ventive Hospitality. “We aim to create distinctive destinations that elevate guest experiences and expand our footprint beyond Pune, Bengaluru, and the Maldives.”
Rajeev Menon, President, Asia Pacific (excluding China), Marriott International, added, “We are thrilled to work with Ventive Hospitality as we continue to meet the growing demand for luxury travel. Signing the Ritz-Carlton Reserve marks a milestone debut for the brand in Sri Lanka.”
With this expansion, Ventive Hospitality is poised to become a leading developer and asset manager in South Asia’s luxury hospitality landscape.
