About the Company
Ventive Hospitality is a hospitality asset owner with a primary focus on luxury offerings across business and leisure segments. All of Ventive Hospitality assets are operated by or franchised from global operators, including Marriott, Hilton, Minor and Atmosphere. Ventive Hospitality luxury hospitality assets comprise JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives and Raaya by Atmosphere, Maldives. Ventive Hospitality's luxury hospitality assets collectively contributed to over 80% of company's pro forma revenue from hotel operations for FY24, FY23 and FY22. Ventive Hospitality pro forma revenue and pro forma EBITDA were the highest among listed hospitality asset owners1 in India in FY24, FY23 and FY22. Among listed hospitality companies in India, 2 company's pro forma revenue was the third highest in each of FY24 and FY23 and second highest for FY22 and company's pro forma EBITDA was the third highest in FY24 and second highest for each of FY23 and FY22. Ventive Hospitality Portfolio comprises 11 operational hospitality assets in India and Maldives, totalling 2,036 keys across the luxury, upper upscale and upscale segments as at March 31, 2024. The Ritz-Carlton, Pune is one of only two The Ritz-Carlton hotels in India, which is a luxury brand within the Marriott portfolio. JW Marriott, Pune is the largest luxury hotel based on the number of keys in Pune and is one of only eight luxury hotels in India with inventory of between 400 to 500 keys as at March 31, 2024. It has the largest ballroom among luxury hotels in Western India, which is ideal for hosting large scale MICE events and weddings. Ventive Hospitality own three luxury hospitality assets in the Maldives, which has been ranked consistently as one of the best tourist island destinations globally (including Worlds Leading Destination (2023) and Indian Oceans Leading Destination (2024) at the World Travel Awards) with its unique one island, one resort concept. The Maldives is a high rate destination and benefits from sizeable demand for luxury and upper upscale hotels, consistent with thier offerings. Conrad, Maldives houses the Muraka, a flagship experience that offers private accommodation comprised as an integrated undersea residence. It is reportedly the first such resort product globally along with an underwater restaurant known as Ithaa. Muraka Suite was named one of the greatest luxury hotel suites in the world in Robb Reports The 50 Greatest Luxury Hotel Suites in the World.
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