MARRIOTT INTERNATIONAL SIGNS AGREEMENT WITH PRESTIGE GROUP TO BRING TWO NEW HOTELS TO NEW DELHI New Delhi Marriott Marquis and The St. Regis Aerocity, New Delhi Set to Debut In 2025

by Shrutee 

Mumbai, November, 2021: Marriott International, Inc. today announced the signing of an agreement with Prestige Group and DB Realty to introduce the New Delhi Marriott Marquis and The St. Regis Aerocity, New Delhi. Slated to open in 2025, the agreement is expected to add 779 rooms to the Marriott International portfolio.

We are delighted to expand our collaboration with the Prestige Group to bring these two prominent brands to the national capital. This enables us to provide more choices and experiences in key markets to serve an ever growing and discerning customer base. India continues to be a priority market for us. We believe our strong distribution, deep relationships and the strength of our travel program - Marriott Bonvoy makes us a leading partner for growth” said Rajeev Menon- President Asia Pacific (excluding Greater China), Marriott International.

Catering to the needs of the modern traveler, New Delhi Marriott Marquis is anticipated to feature 590 thoughtfully designed rooms. The hotel is slated to offer a variety of local and international gourmet delicacies at its three dining outlets, including an all-day dining restaurant, a specialty restaurant and a Diner. The hotel will feature the Marriott Hotels Greatroom lobby – a stylish hub of the hotel that serves as a great social gathering place for both day and night. Along with the Greatroom, plans call for the brand’s signature M Club Lounge where Marriott Bonvoy Elite members can enjoy a range of complimentary food and beverage options throughout the day.

Drawing inspiration from the iconic brand's rich history, The St. Regis Aerocity, New Delhi is anticipated to feature 189 luxurious rooms and suites. With an exquisite blend of sophisticated design and traditional charm, the hotel is slated to feature an all-day dining restaurant, a specialty restaurant and a New York Deli, a tribute to the brand’s flagship hotel, The St. Regis New York, located at 55^th and Fifth Avenue. Guests can also look forward to The Drawing Room and the signature St. Regis Bar. Guests will also enjoy the brand's renowned Butler Service, offering highly bespoke services customized to each guest.

 Guests at both hotels can expect modern, multi-purpose event and meeting spaces suited to host weddings, socials, meetings and conventions, paired with sophistication and impeccable service. With an expected 85,000 sq feet of meeting space in total, the two hotels are poised to create the ultimate destination within the Aerocity landscape.

Mr. Irfan Razack, Chairman and Managing Director, Prestige Group said, “We are pleased to announce that we have signed an agreement with Marriott International to develop a St. Regis and India’s first Marriott Marquis and Convention Centre at Aerocity, New Delhi. We are excited to embark on this journey to provide our customers with unmatched luxury, state of the art facilities, and a premium hospitality and conferencing experience. We would like to thank the entire team at Marriott International and DB Realty and look forward to creating our mark in the hospitality industry in the national capital."   

Once opened, both hotels are expected to be strategically located close to the Indira Gandhi International Airport (IGIA) and expects to offer another choice for business and leisure travelers looking for an extended stay in the heart of the Indian capital city.

ABOUT MARRIOTT INTERNATIONAL: Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of roughly 7,900 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram. About Marriott Hotels 

About Marriott Hotels: With over 590 hotels and resorts in more than 65 countries and territories around the world, Marriott Hotels is evolving travel through every aspect of the guest's stay, helping to relax, clear minds, stimulate new ideas and anticipate travelers’ needs, leaving them inspired to reach their full potential. Boldly transforming itself for mobile and global travelers who blend work and play, Marriott leads the industry with innovations, including the Greatroom lobby and Mobile Guest Services that elevate style & design and technology. To learn more, visit www.MarriottHotels.com. Stay connected to Marriott Hotels on Facebook, @marriott on Twitter and @marriotthotels on Instagram. Marriott Hotels is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.  

About St. Regis Hotels & Resorts: Combining timeless glamour with a vanguard spirit, St. Regis Hotels & Resorts, part of Marriott International, Inc., is committed to delivering exquisite experiences at nearly 50 luxury hotels and resorts in the best addresses around the world. Beginning with the debut of The St. Regis hotel in New York by John Jacob Astor IV at the dawn of the twentieth century, the brand has remained committed to an uncompromising level of bespoke and anticipatory service for all of its guests, delivered flawlessly by the signature St. Regis Butler Service. For more information and new openings, visit stregis.com or follow Twitter, Instagram and Facebook. St. Regis is proud to participate in Marriott Bonvoy, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com.

About Prestige Group: Prestige Group, one of the leading real estate developers in the country, has a legacy of over three decades in real estate development. It has diversified business models across the Residential, Office, Retail, and Hospitality segments with operations in 12 key locations in India. As of 31 March 2020, the Group has completed 247 projects with developable area of 134 mn sft and has 45 ongoing projects across segments, with total developable area of 52 mn sft. Further it has 57 mn sft under planning and holds a land bank with potential developable area of over 27 mn sft. The company has been graded CRISIL DA1 by CRISIL and also enjoys credit rating of ICRA A+. The consolidated turnover of the company for the year ended March 31, 2020 is INR 82433 Mn.