News

Hyatt expects to grow its Indian brand portfolio by more than 70% through 2023

Hyatt Hyatt expects to grow its Indian brand portfolio by more than 70% through 2023

Hyatt Hotels Corporation announced plans to grow its brand footprint in India – one of Hyatt’s top three growth markets globally – by more than 70% by 2023.

With over 20 executed managed and franchised agreements, the company will add over 3,600 keys to its existing portfolio of 32 Hyatt-branded hotels across eight distinct brands in the country, including Andaz, Alila, Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Centric, and Hyatt Place brands.

This ambitious growth in India is fueled by an ever-increasing demand from guests, World of Hyatt members, customers, and owners to offer unique and differentiated hotel experiences. This announcement signals significant intentional growth plans for Hyatt, bringing the number of Hyatt-branded hotels in India 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 Vice President Real Estate & Development, India. 

Hyatt
Dhruva Rathore, Hyatt’s Vice President Real Estate & Development, India. 

Dhruva Rathore said, “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.”

In 2021, the company 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.

076 Sunjae Sharma edited edited Hyatt expects to grow its Indian brand portfolio by more than 70% through 2023
Sunjae Sharma, Hyatt’s Vice President & Country Head, India

“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 Vice President & 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.”

The company’s growing brand footprint in India will offer a balanced portfolio designed to provide unique and engaging guest experiences, coupled with Hyatt’s deep understanding of the local and global hospitality standards for which it is known. 

Executed managed and franchise agreements for Hyatt-branded hotels in India that are expected to open through 2023 include Grand Hyatt Gurgaon, Grand Hyatt Jaipur, Hyatt Regency Jaipur Mansarovar*; Hyatt Regency Trivandrum*; Hyatt Regency Dehradun; Hyatt Regency Ghaziabad; Hyatt Regency Udaipur Sisarma; Hyatt Regency Kochi Malayattoor Resort; Hyatt Regency Goa Bag; Hyatt Regency Kasauli; Hyatt Regency Surat, Hyatt Regency Jaipur.

Under the Hyatt Centric brand are the Hyatt Centric Sector 17 Chandigarh; Hyatt Centric Lonavala; Hyatt Centric Electronic City Bangalore.

Under the Hyatt Place brand are Hyatt Place Bodh Gaya*; Hyatt Place Jaipur Malviya Nagar*; Hyatt Place Vadodara*; Hyatt Place Bharuch*; Hyatt Place Vijayawada; Hyatt Place Dehradun Rajpur Road; Hyatt Place Kolhapur Shiroli; Hyatt Place Tirupati and Hyatt Place Visakhapatnam Madhurawada.

* Hyatt-branded hotels expected to open in 2021.

Read More: News

Related posts

VITS-Kamats Group launches VITS Select- its new portfolio of mid-market hotels

VITS-Kamats Group, India’s leading chain of hotels and restaurants has now announced a new addition to its portfolio with the launch of…

Pride hotels to expand its footprints to 100 hotels by 2030

Pride Hotels to open 100 hotels by 2030.

IHCL announces the first 75-key Ginger hotel in scenic Agra

IHCL announced the signing of a new Ginger hotel in Agra. 

New research: Indian adventure tourism expected to cross $2.0 billion by 2028

A report on the Indian Travel and Tourism Industry has been put forward by an Investment Banking Anand Rathi Research team which…

Renest Hotels signs up 2 new properties in scenic Dharamshala and Haridwar

Renest Hotels and Resorts has signed up two new hotels in Dharamshala and Haridwar.

IHCL signs a 99-key new Vivanta Hotel in Thane, Maharashtra

Indian Hotels Company (IHCL) announced the signing of a Vivanta hotel in Thane, Maharashtra. Located in the heart of the city on…

Lemon Tree Hotels signs new property in Malad, Mumbai

Lemon Tree Hotels’ latest hotel signing – Lemon Tree Hotel, Malad, Mumbai.

Choice Hotels India strengthens footprint with new Comfort Inn Rishikesh

With scenic views and contemporary facilities, Comfort Inn Rishikesh is an ideal option for a getaway. Choice Hotels India has added yet…

Indian hospitality sees a 39.1% YoY RevPAR growth in Q1, 2022: JLL

The Indian hospitality sector witnessed a rapid and strong recovery post the third wave in January 2022

Sarovar Hotels opens new 51-key Golden Tulip Jalandhar

Sarovar Hotels announced the opening of a new hotel, Golden Tulip Jalandhar