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Marriott eyes India growth with 500-hotel plan by 2030
Mint New Delhi
|September 11, 2025
Corporate travel and wedding segments likely to keep growth momentum upbeat, says Govil
Marriott International is stepping up its India bet, targeting 500 hotels by 2030 as it expands aggressively across both luxury and mid-scale segments. The American hospitality chain already manages 159 hotels in the country and has another 137 signed, making India one of its fastest-growing markets in the Asia Pacific excluding China (APEC).
Neeraj Govil, COO APEC, said the region is "one of the most dynamic growth engines" post-covid with India being an "absolute powerhouse" for the company—both in terms of travel within India and abroad.
Across APEC, Marriott recorded double-digit RevPAR growth in the first half of 2025, led by Japan, Vietnam, Australia and India, while Thailand lagged. RevPAR or revenue per available room is a metric by which hoteliers measure the performance of a hotel in terms of revenue it generates.
This story is from the September 11, 2025 edition of Mint New Delhi.
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