La Vinci in talks with Marriott to build hotel

La Vinci Hotel, a Bangladesh-Italy joint venture, plans to build a 270-room five-star hotel on Inani beach in Cox's Bazar soon.
The hotel will invest more than Tk 300 crore initially in construction, which is likely to begin by the end of July, a La Vinci official said.
Marriott Hotels and Resorts, a US-based hotel chain, is expected to partner the venture as management operator.
Tapash Ghosh, marketing and operation manager of La Vinci, said a meeting between officials of La Vinci and Marriott was held in Dhaka on Thursday.
“We will start construction once we reach an agreement with an international hotel chain to manage the hotel. We are in talks with Marriott. Any deal will take a little more time to get through," he said.
"The new hotel is likely to start operations by 2011," Ghosh said.
Kiran Andicot, director of Marriott (Indian subcontinent), represented his company in the meeting with La Vinci officials.
La Vinci, a three-star hotel, is managed by US-based Best Western, the largest hotel company operating under a single brand name with 4,000 independently owned and operated hotels in 80 countries across the world.
Marriott Hotels and Resorts is Marriott International's flagship brand. The company, based in Washington DC, has operations in nearly 500 hotels and resorts across the world.