by Donald Wood
Last updated: 10:00 AM ET, Mon April 7, 2025
WHY IT RATES: Hyatt
unveiled expansion plans in India and Asia.—Donald Wood, News Editor.
Hyatt Hotels Corporation 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 travelers.
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 travelers.
- 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.
SOURCE: Hyatt Hotels
Corporation press release.
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