Marriott plans 100 hotels in 5 years

Marriott International today said it plans to expand its portfolio from the existing 11 to 100 hotels in India within the next five years across seven leading brands.

The growth plans of the company include the introduction of the Ritz-Carlton and its moderate-tier Fairfield brands.

Marriott today said it had recently signed management agreements for seven new hotels.

By 2013, the Marriott portfolio in India will increase to 41 hotels with the 11 operating properties and 23 previously announced hotels that are now under construction.