Marriott Executive Apartments Navi Mumbai

What Marriott Executive Apartments Navi Mumbai does

Marriott Executive Apartments Navi Mumbai is a branded extended-stay hotel property located in Navi Mumbai, Maharashtra, India, that opened in 2023 and operates as part of Marriott International, Inc.'s (NASDAQ: MAR) global portfolio. The property is purpose-built for the Marriott Executive Apartments sub-brand, which was created via a 1995 joint venture to serve business travelers, corporate relocations, and long-stay guests seeking apartment-style accommodations. It targets two primary customer segments: business travelers (primary) needing proximity to Mumbai business districts and airports, and leisure travelers (secondary) visiting Mumbai for tourism. The 47-employee property benefits from Marriott's full distribution and technology stack, including the Marriott Bonvoy loyalty platform, direct booking via marriott.com and the Marriott Bonvoy mobile app, third-party OTAs, and corporate travel accounts.

The underlying technology is the standardized Marriott Bonvoy platform: an integrated booking engine, loyalty rewards system, and rate management infrastructure shared across all Marriott properties. No proprietary technology, patents, or in-house AI/ML capabilities are disclosed for this property; the operation runs on the parent's centralized systems. Pricing is nightly and varies by tier and season, with member-exclusive rates available through Bonvoy; comparable Mumbai Marriott properties range from 7,458 INR/night at the mid-tier to 27,075 INR/night at the luxury tier (St. Regis), with premium-tier properties in the 12,000-20,000 INR/night range.

The business model is asset-light at the brand level: the property operates under Marriott's franchise or management model, generating revenue through nightly room rentals, extended-stay apartment bookings, and ancillary services (dining, spa, meetings). Revenue flows to the property owner/operator, while Marriott earns management or franchise fees and the property participates in the Bonvoy loyalty ecosystem. GTM is direct-to-consumer via marriott.com and the Bonvoy app, supplemented by OTAs, travel agents, and corporate travel agreements. The property sits within a 25-hotel Mumbai Bonvoy cluster spanning luxury (St. Regis, JW Marriott, Luxury Collection) to select-service (Fairfield, Courtyard, Moxy), giving it cross-brand demand overflow.

Name

Marriott Executive Apartments Navi Mumbai

Legal name

Marriott International, Inc.

Website

https://meanavimumbai.com

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

11–50 employees

Short description

Marriott Executive Apartments Navi Mumbai is a 2023-opened extended-stay hotel property operating under the Marriott International brand in Navi Mumbai, India. It serves business travelers on corporate relocations and long-stay assignments, as well as leisure visitors, leveraging the Marriott Bonvoy booking and loyalty platform.

Ownership category

akta.pro rank

Product category

Extended-Stay Hotels

NAICS

Hotels (except Casino Hotels) and Motels (721110), Other Traveler Accommodation (72119)

SIC

Hotels & Motels (7011), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Executive Apartments (Corporate Housing) (THAGAEAD)

akta.pro secondary industries

Extended-Stay Brand Residences (Managed Residences) (THAGAEAM), Corporate Extended-Stay Hotels (THAGAEAA)

Keywords

• Extended stay hotels
• Hospitality services
• Business travel accommodation
• Apartment hotels
• Hotel loyalty programs

Headquarters

HQ city

Navi Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Hotel room rentals and extended stays: Revenue generated from nightly hotel rates, extended stay apartment rentals, and associated amenities including dining, spa, and meeting services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Marriott Executive Apartments Navi Mumbai operates as a branded extended-stay apartment hotel offering furnished apartment-style accommodations with full kitchens, living areas, and hotel services. The property targets business travelers and long-stay guests requiring upscale residential-style lodging, complemented by on-site dining, fitness facilities, and meeting spaces under the Marriott Bonvoy loyalty program.

Differentiator

Problem solved

Functional benefit

Products and services

• Marriott Executive Apartments Navi Mumbai

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Marriott BonvoycoreChannel Partner/ Reseller/ DistributorMarriott Bonvoy is Marriott International's travel program integrating loyalty rewards across all Marriott properties including those in Mumbai and Navi Mumbai. Members can earn and redeem points across the portfolio.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Hyatt Regency Mumbai: Major global-brand full-service hotel near the Mumbai airport, comparable in customer segment and product (business and event-driven stays), under a competing global loyalty program (World of Hyatt).
• ITC Maratha (Mumbai): Established luxury Indian hospitality brand with a flagship Mumbai property near the airport. Competes for the same business-travel and corporate-event segment and is a broad incumbent in the city's premium lodging category.
• The Oberoi Mumbai: Long-standing luxury hotel incumbent in Mumbai with strong corporate and leisure demand. Comparable on premium positioning and ability to serve extended business stays in the same metro.

Emerging players

• Lemon Tree Hotels: India-focused mid-scale hotel chain with growing Mumbai presence. Comparable on extended-stay and corporate-rate demand, though positioned at a lower price tier than Marriott Executive Apartments.

Direct peers

• JW Marriott Mumbai Juhu: Luxury Marriott property in the broader Mumbai market. Competes with the subject for premium corporate stays and group business, drawing from the same Bonvoy loyalty base and corporate accounts.
• Four Points by Sheraton Navi Mumbai Vashi: Marriott select-service hotel in Vashi (Navi Mumbai), competing for the same corporate-rate bookers and Bonvoy members but at a more compressed price point.
• Navi Mumbai Marriott Hotel: A Marriott full-service hotel operating in the same Navi Mumbai micro-market under the same brand parent. Competes for the same business-traveler and event demand pool and shares Marriott Bonvoy distribution.
• Courtyard by Marriott Navi Mumbai: Select-service Marriott property co-located in Navi Mumbai, targeting overlapping corporate and leisure demand at a lower price tier. Direct intra-brand competitor within the same micro-market.
• The St. Regis Mumbai: Luxury-tier Marriott property in Lower Parel/Mumbai, sharing the Marriott Bonvoy infrastructure and competing with the subject property for high-end extended-stay or relocation business.
• Le Méridien Navi Mumbai: Premium Marriott-affiliated hotel in Navi Mumbai, sharing the same corporate transient and event demand pool. Operates under the Marriott Bonvoy system alongside the subject property.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/marriott-executive-apartments-navi-mumbai

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marriott Executive Apartments Navi Mumbai