Marriott's India business crosses $1.3B, on track to become third-largest market globally
Marriott India revenue hit $1.3B in 2025, up from $1B in 2023. The chain operates 221 hotels with 180 under development, accelerating mid-scale growth via Fern partnership (50+ conversions done, 100 targeted by year-end) as it chases India's projected 300,000 organized rooms by 2030.
What happened
Marriott International · Marriott's India business crossed $1.3 billion in 2025, up from $1 billion in 2023, putting India on track to become its third-largest
Key facts
- $1.3 billion 2025 India revenue
- up from $1 billion in 2023
- 221 hotels in India
- 180 under development
- 10,000th global property
- 50+ Fern conversions, 100 by year-end
- 300,000 organized rooms by 2030
Why this matters
With 300,000 organized rooms projected by 2030 and Marriott already pursuing conversion-led growth, M&A windows for regional mid-scale brands are narrowing fast.