Hyatt Hotels Corporation plans to grow its brand footprint in India—one of the company’s top three growth markets globally—by more than 70% by 2023. With more than 20 executed managed and franchised agreements, Hyatt will add more than 3,600 keys to its existing portfolio of 32 Hyatt-branded hotels across eight distinct brands in the country, including the Andaz, Alila, Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Centric and Hyatt Place brands.
The number of Hyatt-branded hotels in India will grow to more than 50 by the end of 2023, resulting in a more diverse portfolio of hotel offerings in new and existing markets.
“Hyatt remains focused on thoughtfully accelerating its brand growth and momentum by transforming the hotel landscape in India with planned openings in some of the most frequented and desirable destinations in the country,” said Dhruva Rathore, Hyatt’s VP real estate & development, India. “Hyatt’s pipeline in India reflects a thoughtful growth strategy by expanding into new markets and leisure destinations that are relevant to our guests and customers. We are thrilled to collaborate with a number of new and existing owners to bring these exciting projects to fruition. We are also focused on expanding our independent collection portfolio by teaming up with owners and developers who are eager to leverage our global distribution network and World of Hyatt loyalty program.”
This year, Hyatt plans to primarily expand its Hyatt Regency and Hyatt Place brands. The Hyatt Regency brand, which continues to drive Hyatt’s brand growth in India, will enter two new markets with Hyatt Regency Jaipur Mansoravar and Hyatt Regency Trivandrum. The Hyatt Place brand will enter four new markets with Hyatt Place Bodh Gaya, Hyatt Place Jaipur Malviya Nagar, Hyatt Place Vadodara and Hyatt Place Bharuch.
“India remains a growth driver for Hyatt, and we are committed to catering to the Indian traveler with a comprehensive portfolio of hotels,” said Sunjae Sharma, Hyatt’s VP & country head, India. “Despite the challenges the industry faced last year, Hyatt signed eight new hotels across various brands that will cater to the needs of both leisure and business travelers. The growth of the Hyatt Place and Hyatt Regency brands remain a key priority for India, with nearly 20 hotels under these brands expected to open across India by 2023.”
Executed managed and franchise agreements for Hyatt-branded hotels in India that are expected to open through 2023 include:
Grand Hyatt
Grand Hyatt Gurgaon
Grand Hyatt Jaipur
Hyatt Regency
Hyatt Regency Jaipur Mansarovar (opening this year)
Hyatt Regency Trivandrum (opening this year)
Hyatt Regency Dehradun
Hyatt Regency Ghaziabad
Hyatt Regency Udaipur Sisarma
Hyatt Regency Kochi Malayattoor Resort
Hyatt Regency Goa Baga
Hyatt Regency Kasauli
Hyatt Regency Surat
Hyatt Regency Jaipur
Hyatt Centric
Hyatt Centric Sector 17 Chandigarh
Hyatt Centric Lonavala
Hyatt Centric Electronic City Bangalore
Hyatt Place
Hyatt Place Bodh Gaya (opening this year)
Hyatt Place Jaipur Malviya Nagar (opening this year)
Hyatt Place Vadodara (opening this year)
Hyatt Place Bharuch (opening this year)
Hyatt Place Vijayawada
Hyatt Place Dehradun Rajpur Road
Hyatt Place Kolhapur Shiroli
Hyatt Place Tirupati
Hyatt Place Visakhapatnam Madhurawada
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March 31, 2021 at 09:07PM
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Hyatt to add 20 hotels in India by 2023 - Hotel Business
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