Hyatt Hotels Plans to Double India Capacity in Five Years

Hyatt Hotels Corp. plans to double its number of properties in India over the next five years, as affluent residents splurge on weddings, pilgrimage and concerts.

- Bloomberg

The Chicago-based chain, which operates 50 hotels in India, is planning to add 50 more, Sunjae Sharma, managing director of India & South-west Asia at Hyatt, told Bloomberg News. Six of those will be opened this year in cities like Kochi in southern India and Jaipur in the north, he said.

Sharma said the rise in domestic travel post the Covid pandemic has made India the fourth-largest hospitality market, along with Mexico, trailing only China and the US.