Wednesday, April 2, 2008

Emaar MGF Ties-Up With Marriott To Develop Hotels In India

Hyderabad: Emaar MGF, real estate developer, has partnered with Marriott International Inc to design, construct and equip luxury-branded JW Marriott Hotels with total investment of over $400 million. The hotel projects are likely to be completed by 2010 end and will come up in New Delhi, Hyderabad, Kolkata and a Courtyard by Marriott Hotel in Amritsar.

As part of the agreement, Emaar will be the owner and developer of the proposed hotels and Marriott shall provide advisory and management services for the planning, design, construction and operations, a Marriott release said in hyderabad. Marriott International President and Managing Director Ed Fuller said, Emaar MGF has the vision, the vitality and sense of the market that enables it to develop outstanding hotels that appeal to a variety of current and emerging customer segments.

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