CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Prestige Estates inks pact with Marriott for 6 hotels in India
Hospitality and Healthcare - Mar 21,2024 -Bengaluru-based developer Prestige Estates Projects and global hotel company Marriott International have signed an agreement to develop six hotel projects in the country. The hotels will be developed in a horizon of two-to-five year period.
Marriott will launch some of the new brands in the country with Prestige Estates. The total inventory will be 801 keys across Goa and Karnataka, which will see an investment of around Rs 1,000 crore.
The hotel properties include 177-keys Marriott Executive Apartments in UB City in Bengaluru, 130-keys Moxy Bengaluru ORR in Outer Ring Road, Bengaluru, 152 keys Bengaluru Marriott Hotel South in Kanakapura Road, Bengaluru, and 160-keys JW Marriott Sakleshpur Plantation Resort in Sakleshpur in Karnataka.
In Goa, it will develop 62-keys Tribute Portfolio Dabolim Hotel in Dabolim and 120-keys Autograph Collection in Chopdem. The autograph Collection in Goa will be the first autograph collection in South Asia.
Marriott International
Recent News
◉ Dixon to establish Rs 1,000 crore laptop manufacturing unit in Tamil Nadu - Apr 10,2025◉ Sarovar Hotels commits investment of Rs 120 crore for new property in Tamil Nadu - Apr 10,2025
◉ Airbus & Mahindra Aerostructures sign manufacturing contract - Apr 10,2025
◉ Kerala CM to lay foundation stone for new building of district hospital at Vadakara - Apr 10,2025
◉ Wistron picks Shapoorji Pallonji to construct Rs 1,500 crore laptop manufacturing plant in Bengaluru - Apr 10,2025
◉ India’s Inox Solar secures land for 4.8-GW solar factory in Odisha - Apr 10,2025
◉ Timken expands bearing plant in Bharuch - Apr 10,2025