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Phoenix signs new deals for Marriott in India.
Thursday, 26th November 2009
Source : HVS International

Phoenix Hospitality Company has entered into a management agreement with Marriott International to develop two hotels within its mixed-use projects in Mumbai and Agra, India.

To be developed within Kurla Complex in Mumbai, the 300-key Marriott at Kurla is expected to be developed within a 101,000-square-metre site which is likely to include 125,000 square metres of retail facilities and 111,500 square metres of office space.

The Courtyard by Marriott at Agra is likely to offer 165 rooms and forms part of the Phoenix Market City project. The two projects are estimated to cost a total of US$69 million. 

www.hvs.com

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