Hyatt Hotels has announced its plans to add more than 2,100 guestrooms with the opening of over 14 new properties in India in the next 24 months.
Besides tapping the growth in the larger capital cities, the company will focus on leisure and cultural destinations, with a focus on emerging cities in the country.
It plans to open hotels in eight new markets in the country, which will boost Hyatt’s brand presence across 27 cities in India.
Hyatt vice president development for India Dhruva Rathore said: “Hyatt is one of the longest-running international hotel management brands in India, the first Hyatt hotels in India opened over 30 years ago.
“Our heritage and experience in this complex market, paired with the strong relationships we hold with local developers and owners has helped make India one of the top three growth markets for Hyatt globally.”
This year’s expansion commenced with the launch of the Hyatt Centric brand through the opening of Hyatt Centric Candolim Goa.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe Alila brand, which is new to the Hyatt portfolio as part of the Two Roads Hospitality acquisition in November 2018, also added two new properties in India, located in Diwa Goa and Fort Bishangarh.
In the later part of the year, Hyatt plans to expand its brand footprint in Kerala with the opening of Hyatt Regency Kochi Malayattoor and Hyatt Regency Thrissur.
Hyatt also plans to add its first resort in the Himalayas with the expected opening of Hyatt Regency Dharamshala Resort in the second half of 2019.
Hyatt vice president operations for India Sunjae Sharma said: “For Hyatt, India has a high growth potential and remains a market where we can expand our brand representation. Being focused on intentional growth gives us a unique edge as Hyatt can differentiate by having the right assets in its portfolio.
“We look forward to collaborating with owners who want personal, flexible relationships and to stand out in a slightly overcrowded market. Most importantly, we want to be where our guests are traveling, and our growth strategy is in line with their preferred destinations.”