Marriott to Mumbai: new focus on strong market
by ArabianBusiness.com staff writer on Friday, 07 December 2007
Marriott International has opened a regional office in Mumbai in recognition of India's growing importance to the company for both inbound and outbound travel.
The office will house the company's area operations and regional sales offices.
Marriott executive vice president for Asia Pacific Geoff Garside said the company was "excited by the heightened importance of India to our global business".
"Earlier this year, we announced the expansion of our existing hotel portfolio in India to 21 properties by the year 2010 from six hotels today," he said.
"Since then, we have announced two more hotels, a Courtyard property in Amritsar and a second Renaissance hotel in Bangalore, which will bring our India portfolio to 23 hotels by 2010 with more on the way. Concurrently, our sales volume within India is growing by double digits and our RevPar was up 32% in the third quarter as a result of the country's rapidly expanding vibrant economy and emerging middle class.
"Opening an office here to house both our area operations and our regional global sales teams is a logical next step for us. Mumbai is a dynamic city and three of our existing hotels in India are located here. We see tremendous future potential in India."
Under the new structure, Rajeev Menon has been named the newly-created position of area vice president for India, Pakistan, Maldives and Malaysia, and Anan Joshi has been appointed regional global sales director for India.
Both will be based at the new office.
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TRAVEL & HOSPITALITY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TRAVEL & HOSPITALITY
LATEST MIDDLE EAST BUSINESS NEWS
- Construction & Industry: Iran, Turkey affirm development of gas pipeline
- Construction & Industry: Nakheel to scale back projects
- Construction & Industry: Director General of Dubai Civil Defence to talk at fire event
- Construction & Industry: Global giant set to launch regional roll-out of 'next generation' building products in Dubai
- Construction & Industry: Germany turns out in force at The Big 5
RELATED STORIES
Marriott International
- Pakistani leaders narrowly escaped Marriott blast
22 Sep '08 | News - Marriott bomb kills at least 60 in heart of Pakistan's capital
20 Sep '08 | News - Marriott opens largest property outside US
11 Aug '08 | News




