Hyatt Hotels Corporation unveils ambitious expansion plans in India & Southwest Asia for 2024
by EVENTFAQS Bureau Industry Watch | March 26, 2024 | News
Hyatt Hotels Corporation Southwest Asia
Hyatt Hotels Corporation announced plans for the aggressive expansion of Hyatt’s brand portfolio in India and Southwest Asia region, with a robust pipeline of eight new hotels that are expected to open across various leisure and city destinations in 2024. This growth is timed to coincide with the expected rebound of leisure and business travel in the country and the sub-continent.
In 2024, Hyatt’s brand expansion in India and Southwest Asia will continue with its Hyatt Regency, Hyatt Place, and Hyatt Centric brands. To expand the presence of its luxury and lifestyle brands in India, Hyatt also marked the strategic entry of the JdV by Hyatt brand in India with the official opening of Ronil Goa recently. The JdV by Hyatt brand is the ninth Hyatt brand to be introduced in the country reinstating Hyatt’s commitment to growing its footprint in India.
The Hyatt Regency brand, which is a key growth driver for Hyatt in the region, will enter a new destination with the slated openings of Hyatt Regency Kasauli and Hyatt Regency Ghaziabad. The Hyatt Place brand is expected to enter three new locations in the region with Hyatt Place Aurangabad, Hyatt Place Haridwar and in a new country with Hyatt Place Dhaka Uttara (Bangladesh). The Hyatt Centric brand will expand its portfolio with the expected openings of Hyatt Centric Hebbal Bengaluru and Hyatt Centric Ballygunge Kolkata.
Sunjae Sharma, managing director, India & Southwest Asia, Hyatt said, “Southwest Asia continues to demonstrate high growth potential and is among the top global growth markets for Hyatt. We have strong expansion plans for 2024 across our portfolio encompassing our legacy brands like Hyatt Regency, Hyatt Place and Hyatt Centric across destinations that will strengthen our brand presence in key markets. This expansion represents our strong commitment and confidence in the Southwest Asia region. Complementing our current portfolio of Hyatt brands in the country, the introduction of the JdV by Hyatt lifestyle brand in India signifies a strategic milestone in Hyatt's thoughtful expansion within the leisure and business segments. We are excited for our guests traveling to Goa to embrace this lifestyle experience. Ronil Goa aligns seamlessly with the brand that encourages living in the moment, making it a perfect addition. We look forward to further enhancing our distinctive brand footprint throughout the sub-continent.”
In 2023, Hyatt’s brand footprint expanded in India with the openings of Hyatt Place Bodh Gaya, Hyatt Place Vijaywada, Hyatt Place Goa Candolim and Hyatt Centric Rajpur Road Dehradun. The expansion across leisure, corporate and spiritual tourism segments has strengthened Hyatt’s brand presence in India and the Southwest Asian region, offering travelers and World of Hyatt members more opportunities to stay at Hyatt hotels.
With these introductions, Hyatt’s India and Southwest Asia portfolio will have nine distinct brands, including Andaz, Alila, Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Centric, Hyatt Place, and JdV by Hyatt. Moreover, Hyatt’s growing brand footprint in India will offer a balanced portfolio designed to provide unique and engaging guest experiences, coupled with Hyatt’s deep understanding of the local and global hospitality standards for which it is known.
Hyatt plans aggressive expansion in India and Southwest Asia with 8 new hotels opening in 2024 across leisure and city destinations, capitalizing on anticipated travel rebound.