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Hyatt eyes tier-II India for next 50 hotels
Mint Bangalore
|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."
Denne historien er fra April 07, 2025-utgaven av Mint Bangalore.
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