JW Marriott Chennai
JW Marriott Chennai is a five-star luxury hotel under construction in Chennai, India. The 357-room hotel, being built at MRC Nagar on the seafront of Chennai facing the Bay of Bengal near the Adyar estuary, is being developed at a cost of ₹ 6,200 million and forms part of Marriott International Inc.[1] Initially planned to open in 2005, the project was delayed due to lack of funds and regulatory issues.
JW Marriott Hotel Chennai | |
---|---|
Hotel chain | JW Marriott |
General information | |
Location | India |
Address | Premises No. 4288/12 & 4288/107, Block 94, MRC Nagar, Raja Annamalai Puram Chennai, Tamil Nadu |
Coordinates | |
Opening | (November 2012) |
Owner | Viceroy Hotels Ltd |
Management | Marriott International |
Technical details | |
Floor count | 16 |
Floor area | 400,000 sq ft |
Design and construction | |
Architect | CRN |
Other information | |
Number of rooms | 357 |
Website | |
www.marriott.com |
History
The hotel was planned in 1998.[2] The design consultant of the project was BBG, based in New York City. C. R. Narayana Rao (CRN) Group was the local architect and structural and civil engineers group for the project. The hotel group initially announced to start the construction of the luxury hotel, promoted by Hyderabad-based Viceroy Hotels Ltd, in late 2002 and complete the project by 2005.[3] However, construction work started in 2005 at an initial cost of ₹ 4,900 million. The project was then delayed for several reasons including obtaining permissions from the local administrative bodies.[4][5]
By March 2011, however, the Viceroy Hotels Limited was planning to spin off the ₹ 5.6 billion (US$125 million) Chennai property, still under construction, to raise cash in order to clear its accrued debts.[4][6] In April, the company signed an agreement with the Chennai-based Mahal Hotels.[7] In May 2013, Viceroy Hotels decided to sell the property to Ceebros Hotels Private Limited for ₹ 4,800 million.[8]
References
- "JW Marriott Chennai to be ready by September". The Hindu. Hyderabad. 5 December 2009. Retrieved 8 April 2012.
- "JW Marriott Hotel & Business Centre at Chennai". CRN. Retrieved 8 April 2012.
- "JW Marriott Chennai to be ready by 2005". The Times of India. Chennai: The Times Group. 10 August 2002. Retrieved 8 April 2012.
- Narasimhan, T. E.; Gireesh Babu (16 December 2011). "Viceroy Hotels Chennai deal by month-end". Business Standard. Chennai. Retrieved 8 April 2012.
- Ravikumar, R. (6 November 2011). "Leelaventure, Viceroy hotel Chennai projects hit roadblock". The Hindu Business Line. Chennai: The Hindu. Retrieved 30 December 2011.
- "India's Viceroy Hotels puts JW Marriott Chennai up for sale". hospemag.com. 30 March 2011. Retrieved 8 April 2012.
- Kumar, V. Rishi (17 April 2012). "Viceroy Hotels to exit Chennai project". Business Line. Hyderabad: The Hindu. Retrieved 20 April 2012.
- Kumar, V. Rishi (8 May 2013). "Viceroy Hotels to sell Chennai properties for Rs 480 cr". Business Line. Chennai: The Hindu. Retrieved 15 May 2013.