Luxury hotel brand Marriott International opened a Hotel and Conventional Centre in the city. The 416 room hotel is the 500th Marriot property worldwide and 12th in India. City based Panchsheel Realty has developed this property.
This is the second Marriott hotel in Pune, the first is Courtyard Marriott at Hinjewadi. Talking to reporters in Pune, president and chief operating officer, Marriott International, Arne Sorenson said, " India has the second largest hotel development pipeline in Asia, and is expected to double the number of branded hotel rooms over the next three years to approximately 120,000."
He added, "Recession has significantly affected our business in the US though it has less impact on Inidan business as market is growing here."
Sorenson said it has another 23 under construction, which will become operational by 2013. These include two hotels in Mumbai and one each in Bhopal, Kochi, Nashik, Hyderabad, Goa, Jaipur and Raipur in various segments such as Courtyard, Renaissance and JW Marriott.
Marriott International operates and franchises hotels under the Marriott, JW Marriott, Ritz-Carlton, Autograph Collection, Renaissance Hotels, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bvlgari brands.
