Marriott International has plans to expand its footprint in India by adding another 49 hotels. This will take its overall operating properties to about 70 by 2018. It wants to explore the potential of Tier-II and Tier-III cities.
The 49 properties are presently under various stages of construction. As of now, it has about 6,500 employees in India and is expecting to hire 10,000 more people at different levels by 2018. Presently, the Courtyard by Marriott brand has 11 properties and a further 19 are under construction.
Marriott International follows the management contract model and has seven operating brands in India. These brands represent the luxury to mid-scale category. The operating brands are JW Marriott, Courtyard by Marriott, Marriott Hotels, Fairfield by Marriott, Marriott Executive Apartments, Renaissance Hotels, and The Ritz Carlton. It has above 4,000 managed and franchised properties over 20 brands all across the world.