Marriott International Partners with Phoenix Hospitality Company Pvt. Ltd. on Two New Hotels for India

Upper-moderate-tier Courtyard by Marriott hotel planned for Agra; Deluxe Marriott hotel scheduled for Mumbai; both opening in 2012.

Bethesda, MD. Marriott International (NYSE:MAR) today signed management agreements with Phoenix Hospitality Company Pvt. Ltd., the hospitality initiative of the Ruia family, promoters of Phoenix Mills Ltd, that will add two more hotels to its lodging portfolio in India in 2012. The hotels are the:
• Approximately 300-room Mumbai Marriott Hotel Kurla
• Approximately 165-room Courtyard by Marriott Agra

When opened, the two hotels will result in the Marriott International lodging system being represented in India by 36 properties spanning six lodging brands serving guests in the luxury, upscale, upper-moderate and extended-stay segments by the end of 2012.

“We are thrilled to add these two exciting hotels to our Indian portfolio,” said Ed Fuller, president and managing director of international lodging for Marriott International. “The Indian travel market is exploding as India’s middle class continues to expand and an increasing number of international visitors come to India for business or tourism or to attend conferences. We are confident that both properties will fill consumer demand for consistent quality and comfort, great service and value and will surpass traveler expectations in their respective markets.”

Shishir Shrivastava, CEO - Hospitality & New Initiatives & Chief Development Director for the Phoenix Group said, “Mumbai and Agra are both growing and sustainable markets. The Mumbai hospitality market has witnessed a compounded growth in the demand from the business traveller, both domestic and international whilst Agra continues to attract significant number of leisure travellers. The last 4 to 6 quarters may have been dissappointing for the hospitality industry, but we continue to have faith in the Indian consumption story & anticipate increasing demand in the years to come. Hospitality assets are for the long-term and we have an optimistic view for the industry and its potential. We are delighted to have Marriott, a brand recognised for its high quality standards and a far reaching network, partner with us to manage the Kurla and Agra hotels”

Mumbai Marriott Hotel Kurla
The Mumbai Marriott Hotel Kurla will be part of a mixed-use development that will also include extensive office and retail space in the central suburb of North Mumbai approximately six kilometers east of Mumbai’s international airport.

The hotel will offer spacious accommodations featuring baths with separate tub and shower; luxurious bed and bath amenities; high speed internet access; high-definition television; and in-room safe and mini-bar.

For dining and entertainment, the hotel will have a 24-hour casual restaurant, a specialty outlet, a pool bar and an open, welcoming lobby lounge that will invite guests to linger throughout the day over a morning coffee or to meet with friends and colleagues for impromptu gatherings or meetings.

Other amenities will include an outdoor swimming pool with Jacuzzi; a spa and fitness center with four treatment rooms; an executive club floor and lounge; a fully equipped business center with three work stations, an office, a meeting room and a boardroom; a gift and sundry shop, a florist shop and a beauty/barber salon.

For meetings and social gatherings, the hotel will have 1,000 square meters of space comprised of a 660-square meter ballroom that will be divisible into three sections; a 100-square meter meeting room divisible into two sections and 240 square meters of space in varying configurations.

It will be the fifth deluxe Marriott-branded hotel in India when it opens in 2012.

Courtyard by Marriott Agra
The Courtyard by Marriott Agra will be situated in a stand-alone building as part of a mixed-used development in Taj Nagri off the Fatehabad Road and will be the first internationally-branded hotel in the upper-moderate-tier segment in Agra. The location is surrounded by a mix of residential and commercial buildings and the famous Taj Mahal is located approximately two kilometers from the site. Agra forms part of India’s Golden Triangle, the popular tourist circuit connecting Agra, Delhi and Jaipur and is ideal for leisure travelers seeking a six- to seven-day itinerary.

Accommodations will be larger than those offered by other hotels serving this market segment in Agra and will feature plush bed and bath linens and amenities, high speed internet access and high definition, flat screen television.

For dining and entertainment, the hotel will have an all-day casual restaurant and spacious lobby lounge and bar and a pool bar.

Recreational amenities will include a kids club and a fitness center featuring a gym, steam room, sauna and Jacuzzi.

Other amenities will include an executive club lounge, a business center with two stations, a sundry shop, a Grab and Go kiosk for those in a hurry; and laundry/valet service.

The hotel will have 570-square meters of conference and event space comprising a 360-square meter ballroom divisible into three sections and two additional meeting rooms in varying configurations.

When opened, the Courtyard by Marriott Agra will be the 17th Courtyard by Marriott branded hotel in India.