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International hospitality chain Hyatt Hotel Corporation will bring all of its seven brands in India in the next three years to increase footprint here.
The chain that had entered India with Hyatt Regency in Delhi 30 years ago, will open three new hotels in India this year that will take its total room capacity to 5,300.
It is targeting not only the metros but also "high growth tier II and II cities and upcoming resort and leisure destinations" for its growth in the country.
"India is one of the primary focus markets for Hyatt globally, along with the US and China. We plan to introduce all our brands in India in the next three years and are constantly looking for opportunities to increase our footprint through organic growth and conversions," Hyatt Hotel Corporation Vice-President (Development) Dhruva Rathore told PTI in an e-mailed interview.
Globally, the hospitality chain runs hotels and resorts under the Hyatt, Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, Hyatt Place and Hyatt House brands.
In India it has properties operating under four brands, Park Hyatt, Grand Hyatt, Hyatt Regency, and Hyatt Place."We currently have 17 operational hotels in India with more than 4,900 keys. Our planned openings this year will make this 20 hotels with over than 5,300 keys," he said.
The firm will open Hyatt Regency Ludhiana by the end of this year."Other scheduled openings in this period are Hyatt Raipur and Hyatt Place Pune Hinjewadi," Rathore added.
The company, which last week had opened a new property at Gurgaon under the Hyatt Regency brand, has plans to open more properties under the brand in the country.
"Apart from our six operational Hyatt Regency hotels, we are committed to another 15 under development in India," Rathore said without sharing a timeline.
Overall, it has over 50 ongoing projects in India across the seven different brands which would come up in due course of time in future.
When asked about the locations for future expansion in India, he said: "Hyatt's development vision is to open hotels where our customers are travelling for business and for leisure. We have identified opportunities in specific markets which, apart from the metros, tier I cities, also include high growth tier II and III cities and upcoming resort/leisure destinations."
On the investment front for the expansion, Rathore did not share a specific number saying, "We are primarily a hotel management company and all our hotels under development in India will be operated by us under management contracts with diverse owning companies."
