Tourexpi
Hyatt Hotels Corporation (NYSE:
H) is building on its remarkable 2024 deal momentum with an ambitious expansion
plan with seven new hotels expected to debut in 2025. This strategic move
follows the successful signing of agreements for 21 new properties across India
and Southwest Asia in 2024, cementing Hyatt's position as a leading hospitality
player in the region.
Looking
ahead, Hyatt’s growth trajectory in 2025 is expected to be even more dynamic.
Seven new Hyatt properties will debut in Ghaziabad, Kasauli, Kochi, Bhopal,
Vithalapur, Jaipur and Butwal (Nepal). These destinations reflect a strategic
mix of business, religious, and leisure travel, aligning with the preferences
of domestic and international travellers.
With
a goal of having 100 hotels in India within the next five years, Hyatt is
poised to contribute significantly to the country's growing hospitality
landscape.
·
Hyatt’s 2024 growth story was marked
by strategic signings across segments, including plans for:
·
Hotels in key business hubs such as
GIFT City, Greater Noida, and expanded presence in Mumbai and Bengaluru.
·
Properties in new leisure and cultural
destinations - Vrindavan, Kumbhalgarh, Katra, Kandaghat, Jim Corbett National
Park, and Pushkar
·
Expansion in popular getaway
destinations like Goa and Jaipur
·
Expansion of the Andaz and JdV by
Hyatt brands in India, demonstrating the strong interest and demand of the
Lifestyle Portfolio
·
Expansion in Nepal – two signings in
Nepal highlighting the brand’s strong connection with discerning international
travellers.
·
The introduction of Hyatt`s 10th brand
in India – Destination by Hyatt
"2024
marked a watershed year for Hyatt in India and Southwest Asia, with
unprecedented growth and the successful signing of 21 new properties across
diverse markets. This momentum propels us forward, and we're committed to
continued innovation and excellence in the region,” said Sunjae Sharma,
Managing Director, India & Southwest Asia, Hyatt. “As we look ahead to
2025, we are excited to build on this momentum with even more aggressive
expansion plans, and a goal of 100 hotels in India within the next five years
reflecting our confidence in the region’s potential and our commitment to being
a leader in the hospitality industry in India. The region’s travel ecosystem is
evolving at a fast pace, with a growing emphasis on unique experiences,
wellness, and luxury. Hyatt is well-positioned to meet these demands, and we
are excited to introduce new brands and experiences that will redefine
hospitality in India.”
Currently,
Hyatt has 52 hotels across Southwest Asia, including 50 in India and two in
Nepal, spanning nine distinct brands. Hyatt recently crossed the milestone of
10,000 keys in the region, further cementing its position as one of the
region’s leading hospitality players.
Image
Credit: © Hyatt Hotels Corporation
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