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Hyatt Hotels Corporation targets 100 hotels milestone in India over next 5-6 years

Hospitality and Healthcare  -  Oct 28,2024  - 

Global hospitality major Hyatt Hotels Corporation is confident of nearly doubling its properties in India to 100 hotels over the next five to six years to tap opportunities in one of its top global growth markets, according to a senior company official.

The company is also actively exploring opportunities to introduce additional global brands from Hyatt's portfolio to India, Hyatt Hotels Corporation Managing Director, India & Southwest Asia, Sunjae Sharma told PTI in an emailed interview.

"We are enthusiastic about our expansion plans in India. With our strong pipeline and strategic growth initiatives, we are confident that we will achieve the milestone of 100 hotels within the next 5-6 years," he said.

Sharma said, "This ambitious target is driven by the flourishing travel and hospitality industry in India, the growing demand for high-quality hospitality, and the strong connection our brand has with discerning travellers."

He was responding to a query on how many properties and rooms the company is planning to have in India over the next five years.

At present, Hyatt Hotels has 52 hotels in Southwest Asia (50 in India and two in Nepal) across nine distinct brands and already crossed the 10,000 keys milestone.

"We have the third largest portfolio for Hyatt outside the Americas and China. This underscores our commitment to meeting the growing demand for quality hospitality in the region. Our portfolio will continue to expand with legacy brands, such as Hyatt Regency, Hyatt Place, and Hyatt Centric and the introduction of new brands," Sharma said.

On the company's plans to bring other global brands to India, he said, "We are actively exploring opportunities to introduce additional global brands from Hyatt's portfolio to India".

 

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