Tuesday, October 8, 2024

Marriott International Signs Agreement With Prestige Falcon Realty Ventures To Open The Mumbai Edition. Hotel Brand in 2028


* The Mumbai EDITION is set to bring a distinct perspective on design and hospitality to this vibrant metropolis.

Marriott International, Inc., today announced a signed agreement with Prestige Falcon Realty Ventures Private Limited to open The Mumbai EDITION. Expected to debut in 2028, The Mumbai EDITION will mark the brand’s first property in India, establishing a new benchmark for luxury hospitality in the region.

Situated along a prime arterial road within the prestigious Bandra-Kurla Complex (BKC), The Mumbai EDITION will offer an unparalleled location in the heart of one of Mumbai's most coveted business districts. Surrounded by 12 million square feet of thriving commercial space, the hotel will stand at the nexus of commerce and culture. Guests will find themselves just moments away from the iconic Jio World Convention Centre, Jio Gardens — renowned for its vibrant music festivals and exclusive events — and a variety of luxury retail destinations, ensuring convenience and connectivity at every turn.

“We look forward to bringing the EDITION flair to the vibrant metropolis of Mumbai, where tradition and modernity blend seamlessly. The signing highlights our commitment to strengthening the presence of our luxury portfolio in India, while demonstrating guests continued demand for luxury accommodations and experiences. We will continue to strategically expand our footprint and match brands with complementary destinations to cater to the ever-evolving guest demands. We are excited to team up once again with Prestige Falcon Realty Ventures Private Limited, to bring this vision to life”, commented Rajeev Menon – President, Asia Pacific excluding China, Marriott International.

Irfan Razack, Chairman & Managing Director of Prestige Group, said, “We are delighted to collaborate with Marriott International once again in redefining luxury hospitality in India. This milestone marks the arrival of The EDITION brand in South Asia reflecting our commitment to delivering excellent hospitality across brand propositions. With its vibrant energy and contemporary flair, The EDITION accurately captures the innovative spirit that defines Prestige Group. The Mumbai EDITION comes with the promise of a one-of-a-kind experience in Mumbai, offering unforgettable new-age hospitality at its finest.”

The Mumbai EDITION, rooted in the brand’s strong sense of refined simplicity and style, is slated to open with 182 luxurious guest rooms, including one penthouse suite, a lively lobby bar, a rooftop terrace with a pool, an expansive spa and wellness facility, a fitness centre and multiple bars and restaurants. Plans include 1,385 square meters of versatile meeting and banquet space, elegantly designed to accommodate a range of events, from corporate meetings to intimate social celebrations. Bathed in natural light, with customizable layouts, the venues will be enhanced by state-of-the-art audiovisual technology and sophisticated décor, reflecting the hotel’s refined aesthetic.

The property will join the EDITION brand, a collection of individualized hotels known for seamlessly balancing great design and true innovation to deliver a luxury lifestyle experience. EDITION Hotels’ commitment to uncompromising quality, true originality and impeccable modern service continue to challenge traditional perceptions of luxury and entrench the brand’s position as an industry leader. Every EDITION hotel is unique, reflecting the social and cultural milieu of the time and place of its creation. The end result offers the best of dining and entertainment, modern luxury services and amenities "all under one roof.” EDITION Hotels redefine the concept of luxury by offering an unexpected collection of one-of-a-kind hotels.

About Marriott International

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of approximately 9,000 properties across more than 30 leading brands in 141 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.  For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.  In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

About Prestige Group:

Prestige Group, one of the leading real estate developers in the country, has a legacy of over three decades in real estate development. It has a diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management, and Warehouses with operations in more than 12 major locations in India. The Group has completed 300 projects spanning a developable area of ~ 190 mn sqft. The company has been graded CRISIL DA1+ by CRISIL and enjoys a credit rating of ICRA A+.

About EDITION Hotels

EDITION Hotels is an unexpected and refreshing collection of individualized, customized, one-of-a-kind hotels that redefines the codes of traditional luxury. Displaying the best dining and entertainment, services, and amenities “all under one roof,” each EDITION property is unique, reflecting its location and time’s best cultural and social milieu.

Each hotel, with its individuality, authenticity, originality, and unique ethos, reflects the current spirit and zeitgeist of its location. Although all the hotels look completely different, the brand's unifying aesthetic is in its approach and attitude to the modern lifestyle rather than its appearance. EDITION is about a mindset and how it makes you feel rather than how it looks. Sophisticated public spaces, finishes, design, and details serve the experience rather than drive it.

For an underserved market of affluent, culturally savvy, and service-savvy guests, the EDITION experience and lifestyle explores the unprecedented intersection and the perfect balance between taste-making design and innovation and consistent, excellent service globally. EDITION currently operates 20 hotels in New York and Times Square, Miami Beach, West Hollywood, Tampa, Barcelona, Bodrum, London, Reykjavik, Madrid, Rome, Abu Dhabi, Dubai, Sanya China, Shanghai, Tokyo Toranomon, Tokyo Ginza, Singapore, Riviera Maya at Kanai in Mexico and Jeddah.

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