Ventive Hospitality Limited, in collaboration with its Promoter Group Companies, has announced a major expansion of its strategic partnership with Marriott International. The companies have signed management agreements for seven new luxury, upper-upscale, and upscale hotels across India and Sri Lanka, collectively offering 1,548 rooms. This marks a significant milestone in the Indian hospitality industry and includes several brand debuts in key locations such as Sri Lanka, Varanasi, Mundra, Pune, and Navi Mumbai.

Among the seven hotels, three are being directly developed by Ventive Hospitality and its subsidiaries. These include the Ritz-Carlton Reserve in Pottuvil near Yala East National Park, Sri Lanka (featuring 73 villas and 80 branded residences for sale); the Varanasi Marriott Hotel with 161 rooms; and the Courtyard by Marriott in Mundra, Gujarat, comprising 200 rooms. The company also announced plans to develop an additional hotel on its existing leasehold land in Mundra.

The other four hotels — 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 the Promoter Group companies. These properties will be transferred to Ventive Hospitality under a Right of First Offer (ROFO) or an alternative structure that ensures maximum value creation for all stakeholders.

This expanded alliance is one of the largest in India’s luxury and upper-upscale hospitality sector, combining Ventive Hospitality’s project execution strengths with Marriott International’s globally recognized brand portfolio and operational expertise. The collaboration is poised to leverage India’s evolving demand-supply landscape in the hospitality space.

The partnership was formally announced by Atul Chordia, Chairman and Executive Director of Ventive Hospitality Ltd., and Rajeev Menon, President, Asia Pacific (excluding China), Marriott International. Also present at the event were Ranju Alex, Regional VP for South Asia at Marriott International; Ranjit Batra, CEO of Ventive Hospitality; Milind Wadekar, EVP, Finance & Investor Relations; Kiran Andicot, SVP, Hotel Development, Marriott International; and other senior leaders from Ventive Hospitality, Panchshil Group, and Marriott International.

Commenting on the development, Atul Chordia said,

“We’re proud to start FY 2025–26 on a high note, especially as this marks our first financial year post-listing. This expanded partnership deepens our two-decade-long relationship with Marriott International and reaffirms our ambition to reshape the hospitality sector in India. By leveraging Marriott’s global reputation and our expertise in real estate, we aim to create unique, high-quality destinations for both business and leisure travelers. The collaboration allows us to grow aggressively while maintaining financial prudence.”

Rajeev Menon added,

“Our expansion strategy aligns with where our guests want to travel. We're delighted to deepen our collaboration with Ventive Hospitality as we respond to the growing appetite for premium travel experiences. We're especially excited about the debut of Ritz-Carlton Reserve in Sri Lanka — a first for the brand in the country. This agreement reflects the strength of our long-standing relationship.”

Ventive Hospitality CEO Ranjit Batra also shared,

“We remain committed to robust growth, delivering stakeholder value, and creating world-class hospitality destinations. This partnership with Marriott is a critical move in that direction, setting new benchmarks in guest experience and helping transform India’s hospitality landscape.”

With this partnership, Ventive Hospitality significantly strengthens its presence across key regional markets while aligning with global standards to meet rising expectations in the luxury and upscale hotel segment.