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Hyatt Hotels is targeting a fivefold expansion in India over the next five years, driven by growing domestic travel and higher consumer spending. Currently operating 55 hotels in key cities like New Delhi, Mumbai, and Bengaluru, the company had earlier aimed for 100 properties by 2030. India's hospitality market, expected to nearly double by 2031, attracts other global chains such as Hilton and Leela Hotels. Industry leaders see the country as a long-term investment opportunity, supported by urbanisation, rising travel demand, and a shortage of luxury accommodations.
Hyatt Hotels aims to increase its presence in India fivefold over the next five years, the company's CEO has stated, reflecting confidence in growing domestic travel and rising consumer spending in the country. The U.S.-based hotel chain is among several global operators expanding in India to tap into a post-pandemic leisure travel recovery among higher-income consumers. Advertisement
Hyatt's President and CEO, Mark S. Hoplamazian, said at a conference in Goa that the industry's growth justifies increasing the number of hotels five times from the current count over the coming years. The company currently runs 55 hotels in cities such as New Delhi, Mumbai, and Bengaluru, and had previously planned to reach 100 properties by 2030. Worldwide, Hyatt operates more than 1,400 hotels.
Industry research shows that India's combination of population growth, rapid urbanisation, and increasing travel aspirations is expected to nearly double the hospitality market to USD 55.7 billion by 2031 from USD 23.5 billion in 2025. Other global chains are also expanding aggressively. Hilton Worldwide recently announced plans to quadruple its hotel room pipeline in India over five years, while Leela Hotels has indicated that its fiscal 2027 performance will depend on high-end demand and a limited supply of luxury accommodations.
Hoplamazian emphasized that India represents a long-term investment opportunity for international hotel chains, highlighting the potential for sustained growth in the country's hospitality sector.
Source Reuters
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