"India is set to become Marriott International's next big growth bet. The hotel chain's chief commercial officer, John Toomey, said in an interview with Business Insider that Marriott is looking to double its footprint in India, from 48 to 90 cities. India "is an absolutely exploding economy and democracy," said Toomey, who has worked at Marriott for nearly three decades."
"In his current role, Toomey oversees over 650 Marriott-run hotels in the Asia Pacific, excluding China. He said Marriott has over 150 hotels in the pipeline in India, in addition to the 160 hotels it operates now. Marriott's growth in India follows several analysts' reports in recent years, talking about travel having growth potential in the subcontinent. A market with a young and affluent population"
""A large, young, and increasingly affluent population, coupled with government investments in infrastructure and connectivity, is driving both domestic and international tourism," he said. "We see strong demand from middle- and upper-class travelers, who are seeking premium experiences across the country." Domestic travelers make up the bulk of Marriott's customer base in India, he said, adding that tourism in India is expected to boom over the next decade."
Marriott plans to double its footprint in India from 48 to 90 cities and has more than 150 hotels in the pipeline in addition to 160 operated hotels. The company oversees over 650 Marriott-run hotels in the Asia Pacific, excluding China. India presents growth due to a large, young, and increasingly affluent population and government investments in infrastructure and connectivity. Both domestic and international tourism are expanding, with domestic travelers comprising the majority of Marriott's Indian customer base. Demand is strongest among middle- and upper-class travelers seeking premium experiences. The company targets growth across metropolitan hubs and beyond into other regions.
Read at Business Insider
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