Manglam Group commits Rs 350 cr for 220-key Sheraton on Jaipur-Ajmer Highway
Third Marriott tie-up for the Jaipur developer, anchoring a Rs 1,000 crore hospitality roadmap spanning Sheraton, Westin and Fern-branded properties. The 3 lakh sq ft luxury build targets weddings, MICE and leisure demand on a high-traffic corridor.
Manglam Group signed a Sheraton Hotel with Marriott International on Jaipur-Ajmer Highway, investing Rs 350 crore for a 220-key luxury property. It's their third Marriott tie-up under a broader Rs 1,000 crore hospitality roadmap targeting weddings, MICE and leisure.
Why this matters
Extends Manglam's Ajmer Road momentum after its Pink West project crossed Rs 300 crore in sales, signalling a pivot from residential wins to a Rs 1,000 crore hospitality portfolio across three Marriott and Fern brands.
Store-opening activity steady with 311 signals tracked over the last 90 days.