NewcrestImage Launches First International Hotel

DALLAS—NewcrestImage has opened its first international property—a Courtyard by Marriott in Vadodara, India.

The 14-floor, 123-room property will be the first Marriott-branded hotel in Vadodara, which has a metro area population of about four million people and is a major industrial, cultural and education hub for the western state of Gujarat.

The hotel is currently under construction and is expected to open in March 2021, with rooms with deluxe decor and amenities; a restaurant with private dining areas; a cafe; an outdoor swimming pool; a 30-car underground parking garage; and 13,000 sq. ft. of flexible meeting space, including an outdoor terrace and a rooftop deck for special events.

“With India’s hotel market growing at a compounded annual rate of about 13%, there is robust demand by both business and leisure travelers, especially in the mid-market segment,” said Mehul Patel, chairman/CEO, NewcrestImage.

“In India, American brands have a solid reputation for value and quality, so our Courtyard property can effectively build a special identity for ultra-comfortable accommodations, distinctive amenities, desirable meeting facilities and superb service—all delivered at an attractive price,” said Daxesh Patel, COO, construction finance, NewcrestImage, who is leading all aspects of the Vadodara project from acquisition and design through construction.

According to Daxesh Patel, “There is approximately two million sq. ft. of office space within walking distance of our new Courtyard in Vadodara, so we expect about 70% of our guests to be either domestic or foreign business travelers.”

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