India is to be the first location outside of the US for Hyatt Place. The brand, established by Hyatt Hotels & Resorts in 2006, offers limited services targeted to business travellers.
Mark Hoplamazian, company president and CEO, said that choosing India for Hyatt Place to make its international debut reflected their commitment “to driving growth in one of the world’s leading emerging markets”.
Hoplamazian, who addressed the Hotel Investment Conference South Asia 2010 this week, revealed that opening Hyatt Place in local gateways such as Gurgaon, Hyderabad, Indore, Lucknow, Mangalore, Mundra and Mysore was part of the bigger programme of introducing their established brands Hyatt Regency, Grand Hyatt and Park Hyatt to more areas around the subcontinent. He added that about one fourth of the chain's global pipeline of over 120 properties was earmarked for India.
This year, the Hyatt Regency Pune (306 rooms), Hyatt Regency Chennai (329 rooms) and Grand Hyatt Goa (314 rooms) are due to launch.
Hyatt’s current Indian portfolio consists of Park Hyatt Goa Resort and Spa, Grand Hyatt Mumbai, Hyatt Regency Delhi, Hyatt Regency Kolkata and Hyatt Regency Mumbai.
For more on Hyatt, visit www.hyatt.com
Margie T Logarta