The news: Hyatt plans to more than double its current footprint in India from 55 properties today, according to newly appointed president for India & Southwest Asia, Vikas Chawla. The hospitality company is responding to strong demand in the Indian market, though the pace of openings will vary year to year based on construction and market timelines.
Why it matters for MICE operators: This expansion could significantly increase your venue options across India's key business destinations, potentially giving you more negotiating power and alternatives when sourcing properties for corporate events, conferences, and incentive programs. More Hyatt properties means better rates through volume negotiations and consistent service standards across multiple cities. When managing your supplier relationships, tracking this expansion will help you identify new venue options before competitors.
The takeaway: Start building relationships with Hyatt's development team now to get early access to new properties as they come online.
Source: TTG Asia