Stock jumps 5% after signing agreement with Marriott to open 7 new luxury hotels in India & Sri Lanka

The shares of a luxury hospitality company, known for developing and managing high-end hotels and resorts, were in focus after it expanded its strategic partnership with Marriott International. The deal includes management contracts for seven hotels across India and Sri Lanka, marking one of the largest collaborations in the segment.

With a market capitalization of Rs 18,002 Crores, the share price of Ventive Hospitality Ltd was trading over 5% up to hit an intraday high of Rs 784.45 per share from its previous closing price of Rs 744.10 per share.

What’s the News

Ventive Hospitality Ltd, along with its promoter group, has signed agreements with Marriott International to open seven new luxury and upscale hotels in India and Sri Lanka.

This is a major step in Ventive’s plan to grow in the premium hotel space. The hotels will carry well-known Marriott brands like Ritz-Carlton Reserve, JW Marriott, Courtyard by Marriott, and Moxy.

The new hotels will be built in important locations such as Navi Mumbai, Pune, Varanasi, Mundra, and the eastern coast of Sri Lanka. Some of these hotels will be developed directly by Ventive, while others are being built by promoter group companies and will be brought under Ventive through structured agreements.

Out of the seven hotels, three are being developed by Ventive and its subsidiaries. These include the Ritz-Carlton Reserve at Pottuvil in Sri Lanka, which will have 73 luxury villas and 80 branded residences for sale. The other two are the Varanasi Marriott Hotel with 161 rooms and the Courtyard by Marriott in Mundra with 200 rooms.

The remaining four hotels are being developed by promoter group companies and will be offered to Ventive under a Right of First Offer or similar arrangement. These include the JW Marriott in Navi Mumbai (450 rooms), Moxy Navi Mumbai (200 rooms), Moxy Pune Wakad (264 rooms), and Moxy Pune Kharadi (200 rooms).This expansion will help Ventive strengthen its position in the luxury hotel market and support its long-term growth goals.

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About the Company

Ventive Hospitality Ltd is a leading owner, developer, and asset manager of luxury and upper-upscale hotels in India and the Maldives. The company currently operates 11 premium hospitality assets, comprising a total of 2,036 rooms, catering to both business and leisure travelers. It partners with globally renowned brands such as Marriott, Hilton, Minor, and Atmosphere to deliver exceptional guest experiences.

In addition to its hotel portfolio, Ventive manages approximately 3.4 million square feet of commercial and retail space, strategically located near its properties. This provides a strong and stable source of rental income, complementing its core hospitality operations.

In terms of revenue breakdown, the company sees a balanced mix across its domestic and international properties. In India, room revenue contributes around 54%, food and beverage (F&B) accounts for 33%, and other services make up 13%.

For international assets, rooms contribute 60% of revenue, F&B 31%, and others 9% reflecting strong room demand overseas and a diversified income stream domestically.

The company posted a revenue of Rs 1,605 crore in FY25, up by 235.8% from Rs 478 crore in FY24. The net profit has marginally decreased to Rs. 165 crore in FY25 from Rs 166 crore in FY24.The company maintained a Return on Capital Employed (ROCE) of 11.8% and a Return on Equity (ROE) of 4.7%.

Written By Rohan Pandey

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