Marriott, SAMHI launch integrated project in Bengaluru

Marriott International and SAMHI have launched a 336-room integrated property in Bengaluru, a statement said.
The property offers two Marriott brands -- Courtyard and Fairfield.
"Marriott International has always been at the forefront of driving innovation in the hospitality industry in India and to further this commitment, the Marriott International group has, for the first time, invested in a property in the country," Marriott International President and Managing Director, Asia Pacific, Craig Smith said in a release here.
Five-year-old SAMHI (Smart Hotel Investments), which recently announced Rs 441 crore equity investment by Goldman Sachs, has rapidly expanded its portfolio of branded hotels across India.

It plans to have over 2,500 rooms in 16 operating hotels with a total portfolio of over 4,500 rooms by the end of 2016.
"We are excited about the opening of this integrated property, which offers two strong Marriott brands to customers.
"This development demonstrates our ability to continue to deliver on our pipeline and growth of portfolio, which is well-positioned to benefit from growth in demand and economy," SAMHI Founder and CEO Ashish Jakhanwala said.