Hyatt Plans Fivefold Expansion in India Over Next Five Years, CEO Says

Hyatt Hotels plans to increase its presence in India fivefold over the next five years, aiming to expand from 55 to around 275 properties, driven by rising domestic travel and consumer spending. CEO Mark S. Hoplamazian highlighted India's growing population, urbanization, and travel demand as key factors. Competitors like Hilton and Leela Hotels are also expanding, reflecting confidence in India's long-term hospitality market growth.