Starwood plans Indian expansion

16th January 2012 (Last Updated January 16th, 2012 18:30)

Starwood Hotels & Resorts Worldwide is to open nearly 20 hotels in India by 2015.

Starwood Hotels & Resorts Worldwide is to open nearly 20 hotels in India by 2015. The hotel operator said it would continue its growth momentum from the luxury to mid-market tiers in 2012 with the opening of the ITC Grand Chola, Chennai; the Westin Chennai Velachery; the ITC Rajputana in Jaipur; and two Aloft hotels.

The Luxury Collection brand will have nine properties in India with the opening of the ITC Grand Chola Rajputana, making it the brand’s second-largest market behind the US.

Starwood vice-chairman and chief financial officer Vasant Prabhu said that the company would widen its long-standing lead in India, which is second only to China in terms of future global growth. The hotel operator will accelerate the expansion of all its brands across India, where demand for new hotels is expected to exceed supply over the next three years.

Starwood’s W brand will arrive in India in 2015 with the opening of the W Mumbai and the W Retreat & Spa Goa, followed by the opening of the W Noida, Delhi NCR in 2016. St Regis will also make its entry into India with the opening of The St Regis Noida, Delhi NCR in 2016.

Starwood will be flying eight of its nine brand flags in India: W, St Regis, The Luxury Collection, Le Méridien, Westin, Sheraton, Four Points by Sheraton and Aloft. Aloft will open properties in Ahmedabad and Chandigarh, while Four Points by Sheraton will add two new hotels in India within the next two years.

Starwood currently operates 33 hotels in India.