India is one of the top three growth markets for Hyatt Hotels Corporation globally, and the hotel company seems to have a big plan to increase its presence in India by 2023.
With over 20 executed managed and franchised agreements, Hyatt will add more than 3,600 keys to its existing portfolio of 32 Hyatt-branded hotels across eight distinct brands in the country, including the Andaz, Alila, Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Centric, and Hyatt Place brands. This announcement will bring the number of Hyatt-branded hotels in India to more than 50 by the end of 2023, resulting in a more diverse portfolio of hotel offerings in new and existing markets.
In 2021, Hyatt plans to expand its Hyatt Regency and Hyatt Place brands primarily. The Hyatt Regency brand will enter two new markets with Hyatt Regency Jaipur Mansoravar and Hyatt Regency Trivandrum. The Hyatt Place brand will enter four new markets with Hyatt Place Bodh Gaya, Hyatt Place Jaipur Malviya Nagar, Hyatt Place Vadodara, and Hyatt Place Bharuch.
Executed managed and franchise agreements for Hyatt-branded hotels in India that are expected to open through 2023 include:
- Grand Hyatt
- Grand Hyatt Gurgaon
- Grand Hyatt Jaipur
- Hyatt Regency
- Hyatt Regency Jaipur Mansarovar (2021)
- Hyatt Regency Trivandrum (2021)
- Hyatt Regency Dehradun
- Hyatt Regency Ghaziabad
- Hyatt Regency Udaipur Sisarma
- Hyatt Regency Kochi Malayattoor Resort
- Hyatt Regency Goa Baga
- Hyatt Regency Kasauli
- Hyatt Regency Surat
- Hyatt Regency Jaipur
- Hyatt Centric
- Hyatt Centric Sector 17 Chandigarh
- Hyatt Centric Lonavala
- Hyatt Centric Electronic City Bangalore
- Hyatt Place
- Hyatt Place Bodh Gaya (2021)
- Hyatt Place Jaipur Malviya Nagar (2021)
- Hyatt Place Vadodara (2021)
- Hyatt Place Bharuch (2021)
- Hyatt Place Vijayawada
- Hyatt Place Dehradun Rajpur Road
- Hyatt Place Kolhapur Shiroli
- Hyatt Place Tirupati
- Hyatt Place Visakhapatnam Madhurawada
This is excellent news for the patrons of Hyatt Hotels in India. In 2021, World of Hyatt has also cut down its requirements to give away all their elite tiers at half the standard requirements, which means one can get the top-end Globalist status for just 30 nights (paid or redemption) this year.
Bottomline
While hotel openings are not cast in stone, but this looks like a very good coverage from Hyatt in India over the coming years. Competition Marriott is far ahead with over 120 hotels in India. Perhaps this is a good time to start patronising Hyatt in India so that one can get the benefits over the years ahead by hitting elite status in the coming days.
What do you think of Hyatt’s plans for growth in India?
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Interesting line up especially Dehradun, Lonavala, Surat and Tirupati would be a money spinner.