Hyatt Hotels Corp. plans to open six hotels in India in 2025, the company announced, which would bring it more than halfway to its goal of 100 open properties in the country by 2030. Meanwhile, IHG Hotels & Resorts on Tuesday announced plans to launch its Garner midprice brand in India next year.
Hyatt plans to open properties in 2025 in the Indian locales of Bhopal, Ghaziabad, Jaipur, Kasauli, Kochi and Vithalapur and in the Nepalese city of Butwal. Hyatt offered details on neither the new properties' brands nor sizes, but noted their development follows the signing in 2024 of agreements for 21 properties in India and other countries in Southwest Asia.
Hyatt currently has 50 properties in India. "The region's travel ecosystem is evolving at a fast pace, with a growing emphasis on unique experiences, wellness, and luxury," Hyatt managing director of India and Southwest Asia Sunjae Sharma said in a statement. "Hyatt is well-positioned to meet these demands."
IHG, meanwhile, plans to open in 2026 a 40-room Garner property in Etawah and in 2027 a 45-room Garner property in Kathua, according to the company. IHG currently has 47 properties open in India and another 60 set to open in the next five years, according to the company.
IHG first announced plans for Garner in 2023 and since has quickly expanded the conversion brand throughout the world, with openings or agreements in Germany, Japan, the United Kingdom, Austria, the Netherlands, Italy and Turkey.
Several other hotel companies, including Hilton Worldwide and Wyndham Hotels & Resorts, in recent years have announced plans to expand their footprints in India as the country works to accommodate rising levels of business travel. Revenue per available room in India in 2024 increased 10.7 percent year over year, according to a report by consultancy Horwath HTL, even as chain-affiliated supply increased by 14,400 rooms to more than 200,000.
Demand growth in India continues, according to consulting firm Advito, which recently projected second-quarter average daily hotel rates in India would increase 2 percent year over year.