SAMHI Hotels IPO proceeds to cut debt drastically
The IPO of SAMHI Hotels, the owner of the largest number of Marriott and IHG -operated hotels in India, opened for subscription on September 14.
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‘Hospitality is becoming more experiential than transactional’
Many of the new hotels that Marriott will operate in India will be in partnership with their existing real estate owner partners, signalling success, says Craig Smith
Asset-light Marriott takes on Indian hotel majors
Marriott shot into the big league in India following an asset-light model, post the acquisition of Starwood Hotels. In doing so, it has locked horns with incumbents like Taj and Oberoi.
Marriott to double hotel count in India
Fortune India spoke to Arne Sorenson, president and CEO of Marriott International, to understand what will help the hotel chain keep growing in the years ahead.
Marriott's go-local game plan
Rajeev Menon, the chain’s COO for Southeast Asia and Pacific, says growth will come from domestic traffic, and he is tailoring his hotels to get the most check-ins.
