The hospitality group plans so as to add seven extra properties to its 50 hotels in India in 2025 and goals to succeed in 100 by 2030, based on Sunjae Sharma, managing director for the corporate in India and Southwest Asia. “There’s a large upside to the resort trade in the approaching years in India.”
The availability of recent hotels in the nation is being absorbed quicker than anticipated even with out the enhance of worldwide enterprise, stated the nation head of the corporate that operates manufacturers like Hyatt Regency and Alila Diwa.
“Worldwide journey has nonetheless not come again and India’s journey remains to be primarily pushed by home consumption,” he stated. “Company enterprise isn’t again but, however home journey remains to be not relenting. That is fuelling demand in India.”
“As India progresses, tier II cities are additionally rising. The propensity to pay for hotels in these cities can also be rising. We’re additionally turning our focus to locations like Igatpuri in Maharashtra, Indore, in Madhya Pradesh and Vitthlapur, and Bharuch in Gujarat significantly,” he stated.
The next 48 hotels will primarily be branded Andaz and JdV, whereas introducing one new model right here. Like friends, Hyatt Lodge can also be transferring to experience-led stays, with travellers’ capacity to pay for resort rooms rising throughout the nation. The corporate will open a resort in Kasauli, Himachal Pradesh, and has signed a 200-plus-room Grand Hyatt in Timber Path, Pawanoo and one other one at Kandaghat in the identical state.
New cultural locations
It’s going to even have properties in “new leisure and cultural locations” like Vrindavan, Kumbhalgarh, Katra, Jim Corbett Nationwide Park, and Pushkar. Others can be in Kochi, Bhopal, Vithalapur, and Jaipur, catering to enterprise, leisure, and non secular travellers.
“There’s a large upside to the resort trade in the approaching years in India. We additionally nonetheless haven’t got the added benefit of some worldwide enterprise coming in. No matter new resort provide is being created, it’s more likely to be absorbed quicker than the speed at which resort demand is rising,” Sharma added. When new hotels open, extra rooms are added to a geography or market. These rooms get “absorbed” when they’re booked commonly—so the brand new provide does not sit empty.
The corporate additionally has three hotels underneath development in Goa. It’s increasing its footprint in areas like Nepal, with seven new properties set to open in 2025.
In 2023, the corporate launched the five-star boutique resort model, Hyatt Centric, in Uttarakhand’s Dehradun. Final yr, it signed 21 new resort offers throughout the area, reinforcing its dedication to progress.
The corporate is specializing in key enterprise hubs similar to GIFT Metropolis, Gujarat and Higher Noida, whereas additionally increasing in leisure and cultural locations like Vrindavan, Kumbhalgarh, and Jim Corbett Nationwide Park. Moreover, it’s rising its life-style phase with manufacturers like ‘Vacation spot’, Andaz and ‘JdV by Hyatt’. It’s going to open seven hotels this yr.
These will assist take it nearer to the 100 hotels goal for 2030. At the moment, it operates 52 hotels in Southwest Asia, together with 50 in India and two in Nepal, with over 10,000 keys in the area.
Way of life and luxurious shift
The corporate is seeing elevated revenues from the meals and beverage phase, which now contributes about 50%, rising a number of share factors from earlier than the pandemic.
Additionally it is turning its deal with higher high quality and extra life-style and experience-driven properties. “We’re focusing at a world stage on life-style and luxurious now,” Sharma stated. The corporate is anticipating its RevPAR (income per obtainable room) to develop in double digits this yr. RevPAR is a measure of room yield based mostly on what number of rooms are occupied in a resort.
“The January-March quarter for us has been robust, stronger than the identical interval final yr, and count on the present quarter to do very properly,” Sharma stated. “Calendar yr 2025 is more likely to have many extra wedding ceremony dates than final yr, too, which can assist hotels operationally.”
The American hospitality main owns stake in India via Juniper Hotels—which made its inventory market debut final yr and runs a number of hotels right here. Each Hyatt Hotels and Juniper have obtained direct backing from the Pritzkers, the unique founders of the Hyatt model. When Hyatt Hotels Company went public in 2009, Juniper Hotels was introduced into the group’s broader enterprise fold. It part-owns properties in Lucknow, Mumbai, Ahmedabad, Bareilly, and Delhi.
Whereas Sharma didn’t share any India-specific numbers, the corporate, in its This autumn world outcomes in 2024, stated that worldwide inbound journey continues to be a driver of progress in the Asia Pacific area, excluding Higher China.
Prashant Biyani, vice chairman of institutional fairness analysis at Elara Capital, stated the resort trade’s progress in India continues to be pushed by rising common room charges (ARR), with the primary quarter of FY26 anticipated to see an ARR improve of 11-13%, particularly in enterprise places. Occupancy is more likely to stabilise at round 70% pan-India.
With demand persevering with to outpace new provide, Biyani stays constructive on Samhi Hotels and Juniper–both have long-term agreements with Hyatt to handle their resort assets–and Chalet Hotels.
Firms like Indian Hotels are projected to publish a ten% ARR progress, whereas Chalet Hotels is predicted to report a 12% rise in blended ARR, and Lemon Tree and Juniper are more likely to profit from robust ARR and occupancy beneficial properties, he stated. Biyani stated demand in This autumn of FY25 was buoyed by enterprise journey and occasions just like the Maha Kumbh, IIFA Awards, and live shows, whereas the primary quarter ending June in FY26 is about to see additional restoration attributable to the next variety of wedding ceremony dates and normalised journey publish elections.
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