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Hyatt Place to debut in India by 2012
30th Mar 2011 American hotel operator Hyatt Hotels Corporation has announced that their India project pipeline will consist of more than 9,000 hotel rooms, which are currently under development, covering the entire gamut of brands from Hyatt's portfolio. The hotels are expected to be commissioned over the next three to five years. Apart from the Hyatt brands operational in India, the forthcoming projects will comprise of two new offerings - Hyatt Place, the mid-market brand that will debut in India along with Hyatt's newest boutique brand 'Andaz' coming up in New Delhi.
“Hyatt is present in India since 1982 and we intend to have units in markets where our customers are present. Our experience in managing properties with third party capital speaks volumes about the value that can be created for hotel owners. Going forward, our strategy will be focussed on setting up hotels in destinations where our customers are travelling. Over a period of time, we plan to bring all Hyatt brands to India, given the latent demand for quality hotel
“Hyatt is present in India since 1982 and we intend to have units in markets where our customers are present. Our experience in managing properties with third party capital speaks volumes about the value that can be created for hotel owners. Going forward, our strategy will be focussed on setting up hotels in destinations where our customers are travelling. Over a period of time, we plan to bring all Hyatt brands to India, given the latent demand for quality hotel
" travelbizmonitor "
