Indicating that the company is positive on management contracts, Ed Fuller, president and managing director, Marriott Lodging International, Marriott International Inc, said the company thinks the franchisee model will work in India.
“We have experience of the franchisee models in other parts of the world and have found that it works well,” Fuller reportedly said, adding that his firm intends to team up with its franchisee partners from the US like HP Rama run JHM Hotels, which is a hospitality
and real estate developer as well as operators through Marriott’s affiliated company.
JHM has nearly 20 Marriott brand hotels in its portfolio and other brands include Carlson Hotels & Resorts, Choice Hotels International, Hilton Hotels Corporation, Hyatt, Starwood Hotels and Resorts, and Taj Hotels Resorts and Palaces, among others.
So far, Marriott has been predominately a management company and has been operating through management contracts in India. At present, its brands including flagship brand Marriott, Courtyard by Marriott, Renaissance Hotel & Convention Centre, Marriott Executive Apartments and JW Marriott are present in India.
It has six hotel properties in the country at present and will be opening another 10 new hotel properties by next year. “Thirty more hotels will open in the next three years,” added Fuller. |