Marriott International had a record breaking year in South Asia in 2024 with strong business growth and an unprecedented signings, its President and Chief Executive Officer, Anthony Capuano, said on Monday.
The US-headquartered hotel chain saw 11 per cent year-on-year growth in RevPar (revenue per available room) in 2024 , led by average daily rate and occupancy.
Key metropolitan markets such as Hyderabad, Gurugram, Bengaluru and Mumbai were instrumental in driving average daily rate growth.
“With a robust pipeline of openings, Marriott remains committed to driving economic impact, creating job opportunities and supporting local economies,” Capuano said.
During 2024, the hotel chain signed 42 deals, contributing 7,000 rooms and expanding the region’s year-end pipeline to nearly 20,000 rooms.
