Hyatt will double the number of its hotels in India, will take advantage of the opportunities in the travel and hospitality sector
Global hospitality major Hyatt Hotels Corporation aims to double its hotel count in India to 100 in the next five to six years and intends to capitalise on the opportunities in India, one of its top global growth markets, a senior company official said. Sanjay Sharma, Managing Director (India and South West Asia), Hyatt Hotels Corporation, told PTI in an email interview that the company is also actively exploring opportunities to introduce additional global brands from Hyatt’s portfolio in India.
Will reach 100 hotels in 5-6 years
He said, “We are excited about our expansion plans in India. With our strong pipeline and strategic growth initiatives, we are confident that we will achieve the target of 100 hotels in the next 5-6 years.” Sharma said, “This ambitious target is driven by the thriving travel and hospitality industry in India, the growing demand for high-quality hospitality and the strong connection of our brands with travelers.” He was responding to a question on how many properties and rooms the company plans to open in India in the next five years.
There are 50 hotels in India
Hyatt Hotels currently has 52 hotels in nine different brands in South-West Asia (50 in India and two in Nepal). 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. Recently, Hyatt has introduced the ‘Grand Showroom’ at Grand Hyatt Mumbai. Sharma said this is an important step in expanding the company’s business presence in India. On the company’s expansion plans in the near future, Sharma said the Hyatt Regency brand, which has played a key role in Hyatt’s growth in the region, is going to enter new destinations. Under this, Hyatt Regency Kasauli and Hyatt Regency Ghaziabad are going to be launched.
