Marriott eyes India growth with 500-hotel plan by 2030

Corporate travel and wedding segments likely to keep growth momentum upbeat, says Govil

- Varuni Khosla

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.