The Hindu : Business : JW Marriott Chennai to be ready by September

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Saturday, Dec 05, 2009
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JW Marriott Chennai to be ready by September

HYDERABAD: JW Marriott in Chennai, the seven-star hotel promoted by Hyderabad-based Viceroy Hotels Ltd. (VHL), will be ready by September 2010.

The 387-room hotel, being built at MRC Nagar on the Chennai seafront, is being developed at a cost of Rs. 620-crore and forms part of Marriott International Inc.

Viceroy Chairman and Managing Director P. Prabhakar Reddy told reporters here on Friday that another luxury hotel, The Renaissance, with 300-luxury rooms would come up on the Race Course Road in Bangalore by next year.

About Rs. 931 crore was being invested on these two hotels.

Viceroy Hotels already owns the properties of Hyderabad Marriott and Convention Centre besides Courtyard by Marriott, a business class hotel, opened on Friday. Plans were afoot to open another property in Visakhapatnam.

Marriott International Area Vice President Rajeev Menon said the hospitality industry had begun recovering in the last two months. The occupancy levels in Marriott hotels had gone up to 68 per cent but the total number of branded rooms for India was relatively small at 1.25 lakh.

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