Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Hyatt eyes tier-II India for next 50 hotels
Mint Mumbai
|April 07, 2025
Hyatt Hotels will open new properties in India and Southwest Asia, targeting growing domestic demand for experience-led stays and expanding into leisure and business hubs even as international arrivals have yet to pick up.
The hospitality group plans to add seven more properties to its 50 hotels in India in 2025 and aims to reach 100 by 2030, according to Sunjae Sharma, managing director for the company in India and Southwest Asia. "There is a huge upside to the hotel industry in the coming years in India."
The supply of new hotels in the country is being absorbed faster than expected even without the boost of international business, said the country head of the company that operates brands like Hyatt Regency and Alila Diwa.
"International travel has still not come back and India's travel is still primarily driven by domestic consumption," he said. "Corporate business is not back yet, but domestic travel is still not relenting. This is fuelling demand in India."
This story is from the April 07, 2025 edition of Mint Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Mumbai
Mint Mumbai
Defence signals
The US has approved the sale of Excalibur projectiles and Javelin missile systems to India in a deal valued at about $93 million, according to the US Defense Security Cooperation Agency.
1 min
November 21, 2025
Mint Mumbai
Small loans against property begin to sour for non-banks
Indian lenders are seeing the stress in their microfinance books gradually spread to their secured portfolios as overleveraged customers delay repayments. This comes less than a year after the Reserve Bank of India warned of a spillover.
3 mins
November 21, 2025
Mint Mumbai
LIFE OF VI: HOW INDIA AVERTED A TELCO DUOPOLY
The inside story of how the Centre created a limited legal reopening to prevent Vi's collapse
9 mins
November 21, 2025
Mint Mumbai
Kirin in talks to recast B9, has no plan to sell stake
Japan's Kirin Holdings, among the largest shareholder in B9 Beverages, that operates Bira, is holding joint discussions with stakeholders and creditors of the beer-maker to restructure the existing business including the management and business strategy as the company navigates a funding crunch and employee unrest.
2 mins
November 21, 2025
Mint Mumbai
Cracks are appearing in OpenAI’s dominant facade
THE 21ST-CENTURY tech landscape was built with a winner-takes-all mindset. It started with Microsoft’s Windows monopoly at the end of the 1990s. Since then Alphabet-owned Google has cornered search and Amazon has become the king of e-commerce. Meta, too, has blanketed much of the world with social media—though on November 18th, a judge in Washington, DC, spared it the ignominy of being declared a monopolist.
2 mins
November 21, 2025
Mint Mumbai
DATA RECAP: THE WEEK IN CHARTS
From widening trade gaps caused by US tariff headwinds and surging gold imports, to a rise in the urban unemployment rate in October, shifting consumption patterns in the economy
2 mins
November 21, 2025
Mint Mumbai
Automation hits tech jobs as GCCs dial back on hiring
Automation is beginning to reshape India's tech-hiring landscape, with global capability centres (GCCs) pulling back on routine recruitment-intensifying the slowdown already hitting large staffing firms dependent on information technology (IT) hiring.
2 mins
November 21, 2025
Mint Mumbai
Bluechips lift Street to a 13-month high
Eyes on Q3 earnings as Nifty crosses 26,200, FPIs turn positive
3 mins
November 21, 2025
Mint Mumbai
Delhi's toxic air: Do we have an adaptation plan?
The national capital has seen two citizen-led protests in November over worsening air quality in the region. Doctors have called the winter air pollution in Delhi a public health emergency, urging stringent measures. Mint explores the issue.
2 mins
November 21, 2025
Mint Mumbai
Automation hits tech jobs as GCCs too dial back on hiring
Quess ended last quarter with ₹3,832 crore in revenue, up 5% sequentially.
1 mins
November 21, 2025
Listen
Translate
Change font size