W Marriott comes to Kolkata with a luxury property

US-based hospitality chain JW Marriott yesterday marked its debut in Kolkata with a luxury property.  The property has been built jointly by real estate developers Mani and Sattva groups, and has 281 rooms housed in a 28-storied tower alongside serviced-residences named Vivara.

The property was inaugurated by West Bengal Chief Minister Mamata Banerjee, who appreciated the chain for creating a new landmark of luxury in the east. Rajeev Menon, COO, Asia-Pacific (excluding greater China), region, said that the city property was the eighth one under the JW Marriott brand in the country.

“This property has been positioned to bring back Kolkata on the world hospitality map. The initial response has been fantastic with 50 per cent occupancy clocked in the first month,” Menon told reporters here.

By the end of this year, Marriott, jointly with Starwood, would manage 85 properties across the country with several brands.

Marriott joins the league of international hotel chains which manages properties in Kolkata namely Hyatt, Novotel, Swissotel and Radisson, besides Indian chains like ITC, Oberoi, Taj, Park and Lalit.

Two other overseas chains, Westin and Holiday Inn, have already announced properties coming up which would be inaugurated next year and managed by them.

Chairman of Mani group, Sanjay Jhujhunwala said that an investment of Rs 1,200 cr had been made for building the hotel and serviced residences.

Written by The Realty Paper

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