Hyatt Hotel Corporation will bring all of its seven brands in India in the next three years to increase footprint in the country. The hotel chain that had entered India with Hyatt Regency in Delhi 30 years ago, will open three hotels, taking its total room capacity in the country to 5,300, PTI reported. Hyatt Hotel is targeting not only the metros, but also "high growth Tier-II and III cities, and upcoming resort and leisure destinations" for its growth in India.
"India is one of the primary focus markets for Hyatt globally, along with the US and China.
We plan to introduce all our brands in India in the next three years and are constantly looking for opportunities to increase our footprint through organic growth and conversions," Dhruva Rathore, Vice President (Development), Hyatt Hotel Corporation, said.
In India, the company has properties operating under four brands Park Hyatt, Grand Hyatt, Hyatt Regency, and Hyatt Place brands. "We currently have 17 operational hotels in India with more than 4,900 keys. Our planned openings this year will make this 20 hotels with over than 5,300 keys," Rathore said.
Overall, it has over 50 ongoing projects in India across the seven different brands. About the locations for future expansion in India, Rathore said, "Hyatt's development vision is to open hotels where our customers are travelling for business and for leisure. We have identified opportunities in specific markets."
On the investment front for the expansion, Rathore did not share a specific number, saying, "We are primarily a hotel management company and all our hotels under development in India will be operated by us under management contracts with diverse owning companies."
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