Intentar ORO - Gratis
Hyatt eyes tier-II India for next 50 hotels
Mint New Delhi
|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."
Esta historia es de la edición April 07, 2025 de Mint New Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint New Delhi
Mint New Delhi
Small-town wealthy dive into high-risk PMS schemes
Sophisticated, high-risk investments are no longer confined to the rich in metropolitan cities.
3 mins
December 04, 2025
Mint New Delhi
JFE's mega deal for Bhushan Steel to help JSW slash debt
In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan Power & Steel Ltd (BPSL) into a new 50:50 joint venture with Japan’s JFE Steel Corp.
2 mins
December 04, 2025
Mint New Delhi
Sanchar Saathi: The flip-flop over a tracking app
India's communications ministry on Wednesday rolled back its move to make Sanchar Saathi, a lost phone tracking app, mandatory for all mobile devices.
2 mins
December 04, 2025
Mint New Delhi
Rupee past 90
For the rupee, finding a floor seems to be getting difficult. On Wednesday, it slid past the psychologically-important 90 mark against the dollar to touch an all-time low of 90.29, before recovering slightly to end at 90.19.
1 min
December 04, 2025
Mint New Delhi
IT sheds weight in indices as AI rises
Combined weight of IT cos in BSE Sensex down to 18-year low
3 mins
December 04, 2025
Mint New Delhi
Indian Gas Exchange board approves IPO
The Indian Energy Exchange (IEX) on Wednesday said the board of Indian Gas Exchange (IGX) has decided to go public to raise funds through an initial public offering (IPO).
1 min
December 04, 2025
Mint New Delhi
Healthify targets US market for growth
Digital health and wellness startup Healthify is making the US its core focus as it looks to make the country its main source of revenue, according to a top executive at the company.
2 mins
December 04, 2025
Mint New Delhi
Airbus cuts target after jet issues
Airbus cut its full-year commercial delivery target by 4% to around 790 jets on Wednesday but maintained its financial goals, sending its shares bouncing higher as the European planemaker cleared the air over its latest industrial setback.
1 min
December 04, 2025
Mint New Delhi
Adani plans $15 bn airports expansion
The Adani Group plans to invest $15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, people familiar with the matter said, helping power India's aviation boom as it prepares to list its airport unit.
1 min
December 04, 2025
Mint New Delhi
Electricity: Empowered markets need good regulation
The power sector has emerged as a key lynchpin of the economic engine that the government is revving up to help drive India’s growth in times of geopolitical tumult.
3 mins
December 04, 2025
Listen
Translate
Change font size