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By Nishang Narayan
Published on October 29, 2024
Hyatt Hotels Corporation is setting its sights on nearly doubling its footprint in India, planning to reach 100 properties within the next 5-6 years. With India's hospitality market growing at an unprecedented rate, this ambitious target reflects Hyatt's dedication to catering to the surging demand for high-quality travel experiences across the country.
Currently, Hyatt operates 52 hotels in Southwest Asia (50 in India and two in Nepal) under nine distinct brands, having already crossed the 10,000-key milestone. “With our strong pipeline and strategic growth initiatives, we are confident that we will achieve the milestone of 100 hotels within the next 5-6 years,” stated Sunjae Sharma, Managing Director for India & Southwest Asia at Hyatt Hotels Corporation. This growth is part of Hyatt’s focused strategy, aiming to tap into India's expanding travel and hospitality market by delivering personalized, luxury, and lifestyle-focused experiences.
The expansion will see Hyatt introduce more global brands to India while reinforcing its core brands, such as Hyatt Regency, Hyatt Place, and Hyatt Centric. The company also recently introduced the ‘Grand Showroom’ at Grand Hyatt Mumbai, an innovative venture designed to enhance hyper-personalized guest experiences and showcase Hyatt’s diverse hospitality offerings.
In line with its expansion goals, Hyatt has slated Hyatt Regency properties in Kasauli and Ghaziabad and Hyatt Place hotels in Aurangabad and Haridwar. Expanding into new countries, Hyatt Place Dhaka Uttara will soon open in Bangladesh, and India will welcome The Unbound Collection in Bhopal in 2025, reflecting the brand’s increasing regional diversity.
Hyatt's growth strategy in India aligns with what the company calls the “LLLLW” approach: loyalty, luxury, leisure, lifestyle, and wellness. "India is among Hyatt Hotels' top global growth markets, and we see tremendous potential for continued expansion in this region," said Sharma. This approach allows Hyatt to meet evolving guest preferences, solidifying India’s position as a key growth market for Hyatt globally.
The company's expansion goals are further supported by the ongoing growth in both domestic and international tourism in India. With a robust demand for luxury and wellness experiences, Hyatt remains optimistic about India's rising position in their global market rankings, with continued development and innovation on the horizon.
Event Details:
For more information, contact Hyatt Hotels Corporation at +91-XXXXXXXXXX.
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Marriott International has signed an agreement with Vardhman Amrante, an Oswal Group venture, to bring its premium wellness-focused Westin brand to Ludhiana. The Westin Ludhiana is slated to open in the last quarter of 2030, marking the brand’s debut in Punjab’s industrial and cultural hub.
Planned as part of a vibrant mixed-use development, the new hotel will feature 200 keys alongside retail outlets, a multiplex, and a gaming zone, adding fresh energy to Ludhiana’s growing urban landscape.
Highlighting Marriott’s strategic expansion into high-growth markets, Ranju Alex, regional vice president – South Asia, Marriott International, shared, “Through this collaboration, we aim to redefine guest service while unlocking Ludhiana’s potential. The Westin Ludhiana will empower guests to be the best version of themselves, maintaining their well-being even as they travel.”
Echoing the excitement, Adish Oswal, chairman of Oswal Group, said, “We’re thrilled to partner with Marriott International to bring the acclaimed Westin brand to Ludhiana. This development is set to become a landmark, offering a wellness-driven luxury experience that matches the city’s growing stature as a regional powerhouse.”
The Westin Ludhiana promises a robust mix of experiences — from multiple dining venues and a chic Lobby Bar to the WestinWORKOUT Fitness Studio, Heavenly Spa by Westin, and an outdoor pool. Business and leisure travellers alike will benefit from the expansive banqueting spaces, lush outdoor lawns, and an exclusive Executive Club Lounge.
With its focus on holistic wellness, the upcoming hotel underscores Marriott’s continued commitment to cater to evolving traveller needs and further strengthen its footprint across India.
Published on July 5, 2025
Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.
The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.
As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.
Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.
Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.
Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.
Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.
Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”
The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.
As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.
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