Friday, March 15, 2024
Today, Hyatt Hotels Corporation (NYSE: H) unveiled its ambitious strategy for a significant expansion of the Hyatt brand portfolio across India and the Southwest Asia region. This expansion entails a robust pipeline of eight new hotels set to debut in various leisure and urban destinations in 2024. This strategic move aligns with the anticipated resurgence of both leisure and business travel in the region.
In 2024, Hyatt’s brand expansion in India and Southwest Asia will persist, showcasing the Hyatt Regency, Hyatt Place, and Hyatt Centric brands. With a focus on bolstering the presence of its luxury and lifestyle offerings in India, Hyatt recently celebrated the official opening of Ronil Goa, marking the strategic entry of the JdV by Hyatt brand into the Indian market. This introduction reaffirms Hyatt’s commitment to expanding its footprint in India and marks the ninth Hyatt brand to be introduced in the country.
Furthermore, Hyatt Regency, a pivotal growth driver for the company in the region, will venture into new territories with the anticipated openings of Hyatt Regency Kasauli and Hyatt Regency Ghaziabad. The Hyatt Place brand is slated to debut in three new locations, including Hyatt Place Aurangabad, Hyatt Place Haridwar, and in a new country with Hyatt Place Dhaka Uttara in Bangladesh. Additionally, the Hyatt Centric brand will expand its portfolio with the forthcoming openings of Hyatt Centric Hebbal Bengaluru and Hyatt Centric Ballygunge Kolkata.
“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,” said Sunjae Sharma, managing director, India & Southwest Asia, Hyatt. “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 travelling 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,” Sharma added.
In 2023, Hyatt expanded its brand presence in India by introducing Hyatt Place Bodh Gaya, Hyatt Place Vijaywada, Hyatt Place Goa Candolim, and Hyatt Centric Rajpur Road Dehradun. This expansion across leisure, corporate, and spiritual tourism segments has fortified Hyatt’s footprint in India and the Southwest Asian region, providing travelers and World of Hyatt members with enhanced opportunities to stay at Hyatt hotels.
With these additions, Hyatt’s portfolio in India and Southwest Asia now encompasses nine distinct brands, including Andaz, Alila, Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Centric, Hyatt Place, and JdV by Hyatt. This growing brand presence offers a diverse and engaging range of guest experiences, underpinned by Hyatt’s comprehensive understanding of both local and global hospitality standards.
Recent and upcoming introductions include:
These introductions not only expand Hyatt’s presence but also enrich the hospitality landscape in India and Southwest Asia, offering guests memorable experiences tailored to their preferences and interests.
Saturday, April 27, 2024
