Hotline: 1800 102 2007
X
Search Business Opportunities
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 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. 

Comment
image
Related opportunities
  • Others Food Service
    About Us: Barista is pioneer in coffee culture in indiastarted in..
    Locations looking for expansion Delhi
    Establishment year 2000
    Franchising Launch Date 2014
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Noodle Panda is India’s first premium Noodle Bar to..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • About Us: Mandalas Impresa - A vision of understanding the culinary..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Car wash / Ceramic Coating / Detailing
    About Us: AUTOTRIZ is a global leading producer of high quality..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities