Marriott invests over Rs. 300 cr in integrated property – Feedback

Global hospitality major Marriott International has made its first investment in India in an integrated property that houses two of its popular brands for the corporate business traveller – Courtyard by Marriott and Fairfield by Marriott.

Located in Bengaluru’s IT hub, Outer Ring Road (ORR), the property was built and developed at an investment upwards of Rs. 300 crore. Marriott has made the investment through a joint venture company with SAMHI Hotels Pvt Ltd, a hotel asset company that specialises in the development, acquisition and ownership of branded hotels in India.

http://www.thehindubusinessline.com/todays-paper/tp-news/marriott-invests-over-rs-300-cr-in-integrated-property/article8159772.ece

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