Mumbai, Oct. 28 -- The hospitality firm said the project, located near the Navi Mumbai International Airport and DY Patil Stadium, will feature around 700 rooms across two globally recognized brands - Westin (Upper Upscale) and Fairfield by Marriott (Upper Mid-scale) - subject to the execution of definitive agreements. Phase 1 of the project, comprising approximately 400 rooms, will be developed first.

According to SAMHI, the MIDC's extension clears the path to begin development of what will be the company's largest hotel asset by number of rooms, marking its entry into the Mumbai Metropolitan Region and reinforcing its strategy to scale through high-quality, demand-accretive assets in key gateway markets.

Commenting on the development,...