Hyatt Plans Massive Five-Fold Expansion Across India Over Next Five Years

Hyatt Hotels Corporation announced ambitious plans to expand its presence in India by five times its current size within the next five years. The American hotel chain's CEO cited growing domestic travel and increased consumer spending in the world's most populous country as key drivers for the expansion.

The American hotel giant Hyatt Hotels Corporation has announced ambitious plans to multiply its presence in India by five times within the next five years, according to the company’s chief executive officer speaking at a conference in Goa on Friday.

The expansion strategy comes as the U.S.-based hospitality company anticipates significant growth in domestic travel and increased consumer spending across India, which recently became the world’s most populous nation.

International hotel companies are aggressively competing to establish footholds in India’s market, capitalizing on the recovery in leisure travel among affluent consumers following the pandemic.

“Given the growth of the industry, I would say that in five years’ time, we should have five times the number of hotels that we have today, because that’s what the market would warrant,” stated Hyatt Hotels President and CEO Mark S. Hoplamazian during his remarks at the HOPE conference in Goa.

Currently, Hyatt manages 55 hotel properties throughout India in major metropolitan areas such as New Delhi, Mumbai and Bengaluru. The company had previously announced intentions to reach 100 properties by 2030. Worldwide, Hyatt operates more than 1,400 hotels.

The hospitality sector in India is experiencing robust growth driven by population increases, accelerating urbanization, and expanding travel desires among consumers. Industry analysts at Mordor Intelligence project the market will nearly double from $23.5 billion in 2025 to $55.7 billion by 2031.

Competing hotel chains are implementing similar aggressive expansion strategies. Hilton Worldwide announced last year its intention to increase its Indian hotel room pipeline by four times over the next five years. Meanwhile, Leela Hotels indicated Friday that its fiscal 2027 projections rely on wealthy consumer demand and the current shortage of luxury accommodations throughout the country.

“India is a place to invest, it’s a long-term bet,” Hoplamazian emphasized.