Multinational Hospitality Firm Hyatt Hotels adds 1,350 Keys to its Portfolio

As it continues to concentrate on the luxury and leisure market to support expansion, Hyatt properties intends to open six new properties in India this year, adding 1,350 keys to its portfolio.

The hotel group plans to introduce its recently acquired lifestyle brand, Standard Hotels, throughout the nation while concentrating on its lifestyle brands, JdV and Andaz.

In the meantime, Ghaziabad, Kasauli, Kochi, Bhopal, Vithalapur, and Jaipur will welcome six new hotels this year. There are presently 50 of its properties across the nation.

Hyatt now has nine brands in India, and this year it will open its tenth, Destination, in Jim Corbett and Jaipur. The hotel management organization has determined that luxury, loyalty, leisure, lifestyle, and wellness are the five pillars of growth.

The firm is currently developing three new Alila homes in Igatpuri (Maharashtra), Coorg, and Lansdowne under the luxury sector. Additionally, the Noor-Us-Sabah Palace in Bhopal, its first Unbound Collection project, is scheduled to open in 2026.

The business saw robust double-digit growth in the previous year in performance metrics like as signings and RevPAR (revenue per available room). Hyatt Hotels' RevPAR increased by 33% in 2023 compared to the previous year.

“Standard hotels is an amazing brand for India and I’m very excited and eager to bring it here if the right opportunity comes up. We have the perfect market in cities like Delhi, Mumbai, Goa, and Bengaluru and the right age group for it,” Sunjae Sharma, Managing Director, India and southwest Asia at Hyatt Hotels said.

“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,” Sharma said.

“Lifestyle is a big focus. We have doubled our luxury portfolio, tripled our resort portfolio, and grown the lifestyle portfolio five-fold. That is a strategic transformation we have undertaken,” he said.

“Hyatt has the third-largest footprint in the world in India and it is one of our largest fastest-growing markets in the world,” Sharma said.