Ventive Hospitality Limited was incorporated as ‘O4U Realty (India) Private Limited’ as a private limited company under the Companies Act, 1956 at Mumbai, Maharashtra and a certificate of incorporation was granted by the Registrar of Companies, Maharashtra, Mumbai on February 12, 2002. The name of the Company was changed to ‘ICC Realty (India) Private Limited’ as part of a rebranding exercise, and a fresh certificate of incorporation was issued by the Registrar of Companies, Maharashtra, Mumbai on February 27, 2003. Thereafter, the name of the company was further changed to ‘Ventive Hospitality Private Limited’ again pursuant to a re-branding exercise, and a fresh certificate of incorporation was issued by the Registrar of Companies, Central Processing Centre on July 8, 2024. The company was subsequently converted into a public limited company and the name of the company was changed to ‘Ventive Hospitality Limited’ and a fresh certificate of incorporation dated August 28, 2024 was issued by Registrar of Companies, Central Processing Centre.

Ventive Hospitality is a hospitality asset owner with a primary focus on luxury offerings across business and leisure segments. The company primarily focuses on developing and managing high-end luxury hotels and resorts. The company is engaged in the business of leasing of commercial spaces, operation of a retail mall, operation of a commercial hotel and operation of windmills. All of its hospitality assets are operated by or franchised from global operators, including Marriott, Hilton, Minor and Atmosphere. Its pre-acquisition luxury hospitality asset comprises JW Marriott, Pune, and its post-acquisition luxury hospitality assets comprise JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives and Raaya by Atmosphere, Maldives. 

The company’s portfolio comprises many operational hospitality assets in India and Maldives, across the luxury, upper upscale and upscale segments. 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. It has the largest ballroom among luxury hotels in Western India, which is ideal for hosting large scale MICE events and weddings. It owns three luxury hospitality assets in the Maldives, which has been ranked consistently as one of the best tourist island destinations globally (including World’s Leading Destination (2023) and Indian Ocean’s Leading Destination (2024) at the World Travel Awards) with its unique ‘one island, one resort’ concept.

Business area of the company 

The company is predominantly a hospitality asset owner primarily focused on luxury offerings across business and leisure segments. The company primarily focuses on developing and managing high-end luxury hotels and resorts. The company is engaged in the business of leasing of commercial spaces, operation of a retail mall, operation of a commercial hotel and operation of windmills.

Awards, accreditations and recognitions

• 2011: Marriott Hotel (later re-branded as JW Marriott, Pune) and Convention Centre, Pune was awarded for achieving the ‘Green Building Standards’ under the Leadership in Energy and Environment Design (LEED) India Green Building Rating System by the Indian Green Building Council.
• 2014: Business Bay, Pune was recognised as ‘Highly Recommended’ in the ‘Mixed-use Development India’ category by Asia Pacific Property Awards Interior Design in association with Maybank.
• 2019: ICC Pavilion, Pune was awarded ‘Best Retail Project’ at the Real Estate Awards 2018-19 (West Zone).
• 2020: Three Kitchens Restaurant and Bar at the Ritz-Carlton, Pune was awarded ‘Best All Day Dining - Premium Dining’ at the Times Food & Nightlife Awards, 2020.
• 2020: PCPPL was awarded ‘British Safety Council Sword of Honour’ for demonstrating an outstanding commitment to health and safety management during the last twelve months by the British Safety Council.
• 2020: The Sorriso restaurant at Marriott Suites, Pune was awarded ‘Best Italian - Premium Dining’ at the Times Food & Nightlife Awards, 2020.
• 2021: PCPPL was awarded ‘International Safety Award – Winner’ for demonstrating a strong commitment to good health and safety management during 2020 by the British Safety Council in the International Safety Awards, 2021.
• 2021: The company was awarded ‘International Safety Award - Winner’ for demonstrating a strong commitment to good health and safety management during 2020 by the British Safety Council in the International Safety Awards, 2021.
• 2021: The Sorriso restaurant at Marriott Suites, Pune was awarded ‘Best Italian - Premium Dining’ at the Times Food & Nightlife Awards, 2021.
• 2021: The office parks of Panchshil Realty received certification for fulfilling the requirements of ISO 45001:2018 following the competition of an audit by the British Safety Council.
• 2021: The company was awarded ‘British Safety Council Sword of Honour’ for demonstrating an outstanding commitment to health and safety management during the last twelve months by the British Safety Council.
• 2021: The Ukiyo restaurant at the Ritz-Carlton, Pune was awarded ‘Best Japanese – Premium Dining’ and ‘Best Japanese Delivery – Premium Dining’ at the Times Food & Nightlife Awards, 2021.
• 2022: The company was awarded ‘British Safety Council Sword of Honour’ for demonstrating an outstanding commitment to health and safety management during the last twelve months by the British Safety Council.
• 2022: The Ritz-Carlton, Pune was awarded ‘Leading Luxury Hotel/Resort’ by South Asian Travel Awards, 2022.
• 2022: The company was awarded ‘International Safety Award - Distinction’ for demonstrating a strong commitment to good health and safety management during 2021 by the British Safety Council in the International Safety Awards, 2022.
• 2022: PCPPL was awarded ‘International Safety Award – Distinction’ for demonstrating a strong commitment to good health and safety management during 2021 by the British Safety Council in the International Safety Awards, 2022.
• 2022: PCPPL was awarded ‘British Safety Council Sword of Honour’ for demonstrating an outstanding commitment to health and safety management during the last twelve months by the British Safety Council.
• 2022: The Ukiyo restaurant at the Ritz-Carlton, Pune was awarded ‘Best Japanese – Premium Dining’ at the Times Food & Nightlife Awards, 2022.
• 2022: Marriott Suites, Pune was awarded ‘Travellers’ Choice Best of the Best’ by Tripadvisor.
• 2022: Anantara, Maldives was awarded “Best Wellness Resort” at the Travel Trade Maldives Awards.
• 2022: Conrad, Maldives was awarded “Best Wedding Destinations” and “Most Innovative Resort” at the Travel Trade Maldives Awards.
• 2022: The company was awarded a rating of ‘Five Stars’ after an extensive evaluation by a British Safety Council auditor. 
• 2022: JW Marriott, Pune was awarded certification of excellence for ‘top performing hotel in Marriott Bonvoy on wheels for Year 2022 - Q1’ by Marriott International.
• 2022: The Aasmana restaurant at the Ritz-Carlton, Pune was awarded ‘Best Lounge’ at the Times Food & Nightlife Awards, 2022.
• 2023: The company was awarded ‘International Safety Award - Merit’ for demonstrating a strong commitment to good health and safety management during 2022 by the British Safety Council in the International Safety Awards, 2023.
• 2023: Marriott Suites, Pune was awarded ‘Highest Marriott Bonvoy Penetration %’ at the 2023 APEC Quarterly Awards (4th Quarter).
• 2023: The Alta Vida restaurant at the Ritz-Carlton, Pune was awarded ‘Noteworthy Newcomer – Premium Dining’ at the Times Food & Nightlife Awards, 2023.
• 2023: The company was awarded a rating of ‘Five Stars’ after an extensive evaluation by a British Safety Council auditor.
• 2023: Conrad, Maldives was awarded ‘Indian Ocean’s Leading Hotel 2023’ by World Travel Awards at the Africa and Indian Gala Ceremony 2023.
• 2023: The Muraka suite at Conrad, Maldives was recognised as one of ‘The 50 Greatest Luxury Hotel Suites in the World’ by Robb Report.
• 2023: The Ukiyo restaurant at the Ritz-Carlton, Pune was awarded ‘Best Japanese – Premium Dining’ at the Times Food & Nightlife Awards, 2023.
• 2023: The company was awarded ‘International Safety Award - Merit’ for demonstrating a strong commitment to health and safety management during 2022 by the British Safety Council.
• 2023: JW Marriott, Pune was awarded ‘Diversity & Inclusion Excellence Award’ in the luxury category at the South Asia Procurement Excellence Summit, 2023.
• 2023: The Tao-Fu restaurant at JW Marriott, Pune was awarded ‘Best Chinese – Premium Dining’ at the Times Food & Nightlife Awards, 2023.
• 2023: The Alto Vino restaurant at JW Marriott, Pune was awarded ‘Best Italian – Premium Dining’ at the Times Food & Nightlife Awards, 2023.
• 2023: The Pune Baking Company at JW Marriott, Pune was awarded ‘Best Coffee Shop - Premium Dining’ at the Times Food & Nightlife Awards, 2023.
• 2023: The Paasha restaurant at JW Marriott, Pune was awarded ‘Best Rooftop Restaurant - WEST India’ at the Food Connoisseurs India Awards.
• 2023: The Spice Kitchen restaurant at JW Marriott, Pune was awarded ‘Best Buffet Restaurant (Pune)’ at the Food Connoisseurs India Awards.
• 2023: JW Marriott, Pune was awarded - Best Water Intensity Usage Q1- 2023’ at the Engineering Conference 2023 South Asia.
• 2023: JW Marriott, Pune was awarded ‘Transcendent Effectives Award’ in the luxury category at the Engineering Conference, 2023.
• 2023: JW Marriott, Pune was awarded as the ‘Winner’ in the category of ‘Top 5 Hotels for F&B’ at the Hospitality Horizon Top 50 Hotel Awards 2023.
• 2023: Three Kitchens Restaurant and Bar at Ritz-Carlton, Pune was awarded ‘Best All Day Dining - Premium Dining’ at the Times Food & Nightlife Awards, 2023.
• 2023: The Ritz Carlton Tea Lounge at the Ritz-Carlton, Pune was awarded ‘Best Tea/Coffee Lounge - Premium Dining’ at the Times Food & Nightlife Awards, 2023.
• 2023: JW Marriott, Pune was awarded ‘Highest GXP Index 2023 (Luxury)’ by Marriott International.
• 2023: Anantara, Maldives was awarded ‘Indian Ocean’s Leading Leisure Hotel 2023’ at the 30th annual World Travel Awards.
• 2024: Marriott Aloft ORR, Bengaluru was awarded ‘Socially Responsible Hotel of the Year’ by Hotelier India GM Summit ESG Excellence Awards, 2024 - Southern Region.
• 2024: The Ritz-Carlton, Pune was awarded ‘Travellers’ Choice Best of the Best’ by Tripadvisor.
• 2024: The Aasmana restaurant at the Ritz-Carlton, Pune was awarded ‘Best Cocktails - Luxuries Nightout’ at the Times Food & Nightlife Awards, 2024.
• 2024: The Ukiyo restaurant at the Ritz-Carlton, Pune was awarded ‘Best Japanese - Premium Dining’ at the Times Food & Nightlife Awards, 2024
• 2024: Marriott Suites, Pune was awarded ‘Travellers’ Choice Best of the Best’ by Tripadvisor.
• 2024: The Sorriso restaurant at Marriott Suites, Pune was awarded ‘Best Foreign Cuisine Restaurant of the Year Italian (Maharashtra)’ by NuTaste at the Restaurant Awards, 2024- Maharashtra and Goa Edition.
• 2024: The Vibe Bar & Grill restaurant at Courtyard by Marriott, Pune was awarded ‘Best Restro-Bar of the Year (Maharashtra)’ by NuTaste at the Restaurant Awards, 2024 – Maharashtra and Goa Edition.
• 2024: Marriott Aloft ORR, Bengaluru was selected as 2023 Marriott Select Brands award winner at the 2023 Marriott Select Brands Award Winner Celebration.
• 2024: Marriott Aloft ORR, Bengaluru was awarded ‘Highest GV Maintenance & Upkeep’ by Marriott International in the 2024 Q1 APEC Quarterly Awards.
• 2024: The Muraka suite at Conrad, Maldives was recognised in the Elite Traveler’s Top 100 Suites 2024.
• 2024: Conrad, Maldives was awarded as the ‘Top 10 Best Hotels in Maldives’ in the DestinAsian’s annual 17th Readers’ Choice Awards.
• 2024: Conrad, Maldives was awarded ‘Indian Ocean’s Leading Hotel 2024’ by World Travel Awards at the Middle East & Indian Ocean 2024.
• 2024: The Spa Retreat at Conrad, Maldives was one of the winners of “Resort Spas” category at the T+L Luxury Awards Asia Pacific 2024.
• 2024: The Aasmana restaurant at the Ritz-Carlton, Pune received a certificate of appreciation in the ‘Pool Side Restaurant (Hotel)’ category at the Pune Times Mirror the Fab Champs Season 3.
• 2024: The Senses restaurant at Marriott Suites, Pune received a certificate of appreciation for ‘Best Breakfast (Hotels)’ at the Pune Times Mirror the Fab Champs Season 3.
• 2024: Three Kitchens Restaurant and Bar at Ritz-Carlton, Pune was awarded ‘Best All Day Dining – Premium Dining’ at the Times Food & Nightlife Awards, 2024.
• 2024: The Ritz Carlton Tea Lounge at the Ritz-Carlton, Pune was awarded ‘Best Tea/Coffee Lounge - Premium Dining’ at the Times Food & Nightlife Awards, 2024.

History and milestones

• 2002: Incorporation of the company.
• 2005: Commencement of operations of ICC Offices, Pune.
• 2010: Inauguration of the Marriott Hotel, Pune.
• 2010: Xander Investment Holding XVI Limited acquired 48.99% of the equity share capital of the company.
• 2013: Re-branding of the Marriott Hotel, Pune to JW Marriott, Pune.
• 2017: Affiliates of Blackstone acquired 100% of the shareholding of Xander Investment Holding XVI Limited (which was subsequently re-named as BRE Asia ICC Holdings Ltd) and BRE Asia, became a 50% shareholder in the Company.
• 2024: The name of the company was changed from ‘ICC Realty (India) Private Limited’ to ‘Ventive Hospitality Private Limited’ and subsequently to ‘Ventive Hospitality Limited’.