 "Marriott Hotels ends operating contract for Courtyard by Marriott in Pune centre")
In a statement Marriott Hotels India said that the hotel chain and Neo Capricorn Plaza today announced that they have mutually agreed to terminate the operating contract for the Courtyard By Marriott Pune City Centre hotel.
Marriott has been operated by Marriott since July 2011.
In a joint press statement the companies said, Marriott Hotels and Neo Capricorn would like to assure their customers and Marriott Rewards members that the transition will be smooth and seamless with all commitments, in terms of bookings until the last day of operation, being honored.
The two companies have amicably decided to part ways and the decision has no bearing on existing or future business ventures between Neo Capricorn and Marriott Hotels. Both companies wish the other the best in all future endeavors.
Neo Capricorn Plaza Private is owned by Shiv Deepak Raheja, Aditya Deepak Raheja, Deepak Bhagwandas Raheja.
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