global Hospitality major Hyatt Hotels Corporation aims to double the number of its hotels in India to 100 in the next five to six years. The company intends to capitalize on the opportunities present in India, one of its key global growth markets. A senior company official gave this information. The company is also actively exploring opportunities to introduce additional global brands from Hyatt’s portfolio in India, Sanjay Sharma, managing director (India and southwest Asia), Hyatt Hotels Corporation, told PTI in an email interview.
It 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 of achieving the target of 100 hotels in the next 5-6 years.” Sharma said: “This ambitious target is in line with the city’s thriving travel and hospitality industry. India, driven by “By the growing demand for quality hospitality and our brand’s strong connection with travelers.” He was responding to a question about how many properties and rooms the company plans to open in India in the next five years.
There are 50 hotels in India.
Currently, Hyatt Hotels has 52 hotels across nine different brands in Southwest 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 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, will enter new destinations. Under this, Hyatt Regency Kasauli and Hyatt Regency Ghaziabad will be opened.
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