Hyatt's India Expansion: Embracing New Trends for Hospitality Success

Hyatt's India Expansion: Embracing New Trends for Hospitality Success

By Author

Published on August 11, 2023

In the ever-evolving landscape of the hospitality industry, staying ahead requires embracing innovation and adaptability. This perspective comes from Kadmbini Mittal, the Regional VP of Commercial for India and Southwest Asia at Hyatt. With over 40 years of presence in India, Hyatt is celebrating its legacy by embarking on an expansion journey, aiming to add over 10,000 keys by 2023.

A Focus on Expansion and Diversity

Mittal highlights the brand's plan to introduce the Hyatt Centric and Hyatt Place brands in Uttarakhand, showcasing a commitment to diversify its portfolio. The introduction of the "jdV by Hyatt" brand further emphasizes this strategy. The goal is ambitious: to exceed 50 Hyatt-branded properties in India by the end of 2023.

Trends and Challenges in the Hospitality Industry

Mittal also sheds light on emerging trends in the industry. The rise of experiences like workcations, staycations, and weekend getaways have gained immense popularity. Additionally, major events like the G20 and World Cup contribute to a surge in demand, driving up room rates in key business cities.

Tailored Weddings and MICE Offerings

Hyatt's success story extends to its tailored weddings segment, witnessing remarkable growth. "The recent launch of Perfectly Yours exemplifies Hyatt's expertise in curating dream weddings. In the MICE realm, Hyatt provides versatile venues equipped with modern technology and dedicated event planners to cater to an array of event requirements," Mittal said.

Commitment to Inclusion and Sustainability

"The global ESG platform 'World of Care' and its focus on meaningful change within the industry and The brand's diversity business resource groups, including Women@Hyatt, underscore the brand's commitment to fostering an inclusive workplace. The 'Change Starts Here' commitment sets actionable goals for DE&I by 2025, with a focus on doubling the representation of women at Hyatt globally," Mittal concluded.

Hyatt's Ambitious Expansion Plans

Sunjae Sharma, Managing Director for India & Southwest Asia at Hyatt Hotels Corporation, reaffirms India's significance as a key market. “Hyatt has consistently regarded India as a priority market. Our approach has always been prudent, ensuring that we introduce our brands in locations already popular among travelers or in demand. Our objective is to establish a diverse presence across cities, encompassing multiple brands,” Sharma explains.

As the hospitality industry continues to evolve, Hyatt's commitment to innovation, expansion, diversity, and inclusion ensures that it remains at the forefront of delivering exceptional experiences for travelers and guests in India and beyond.

Image Source: Hyatt Hotels


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