Hotline: 1800 102 2007
Hotline: 1800 102 2007
Mar, 28 2019

Hyatt to open 14 new properties over next two years

Apart from tapping tier 2 & tier 3 cities and religious destinations to spread its reach in the country, Hyatt will also be looking at franchising opportunities.

Hyatt to open 14 new properties over next two years

Hyatt Hotels & Resorts is eyeing to open 14 new properties in the next two years across India, totalling 2,100 rooms. The American hotel chain will introduce new hotels in Kochi, Thrissur, Udaipur, Bengaluru, Gurgaon, Dharamshala, Jaipur and Vadodara. 

Apart from tapping tier 2 & tier 3 cities and religious destinations to spread its reach in the country, Hyatt will also be looking at franchising opportunities.

Dhruva Rathore, VP (development), Hyatt Hotels & Resorts India, said, “India is one of our top three global growth markets and our growth will only gain momentum. In the primary markets, there are brand gaps. We would like to fill those. We would like to ride the wave of urbanisation and get into emerging business locations and expand our footprint in leisure and cultural destinations. The 14 hotels fulfill all these parameters to an extent.”

“We are getting into tier two cities like Thrissur, Trivandrum, Dehradun, and Vadodara in Gujarat. We are looking at states that are the economic growth engine for India. There are third party operators we feel comfortable doing business with. Our first franchised hotel was Hyatt Regency Amritsar, and Dharamshala will be our second franchised hotel. We are exploring more franchising opportunities,” he added. 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: Cambridge Montessori Pre School and Day Care is poised..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Tea And Coffee Chain
    About Us: Ritazza is an international chain of coffee shops specialising in..
    Locations looking for expansion Delhi
    Establishment year 1988
    Franchising Launch Date 1955
    Investment size Rs. 1 Cr. - 2 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Fashion Accessories
    About Us: An affordable luxury brand with sustainability as one of..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Diet Delite Pvt Ltd was established in 2016 by Dr.Paramesh..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Karnataka
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities