Hotels & Resorts

Hyatt investigates acquisition partnerships for new brands in India.

With 55 locations and 10,500 keys in India, Hyatt Hotels is aggressively searching for ways to launch its The Standard and UrCove brands. It is also thinking about making purchases in collaboration with developers and financial institutions.

David Udell, Group President, Asia Pacific, Hyatt, stated on the fringes of the Hotel Investment Conference, South Asia (HICSA) 2026, “We presently have nine brands in India, and with the addition of The Destination in Jaipur anticipated this year, we will have ten brands worldwide. Our largest market, India, has prospects for all of our brands. We are looking at both organic and inorganic growth in the country over the next couple of years, focusing on creating distinctive, experience-led destinations.”

According to Stephen Ho, President Greater China and Growth, Asia Pacific, Hyatt, the multinational hotel chain is aggressively searching for ways to launch its The Standard and UrCove brands in India.

“We are currently investigating and discussing the introduction of The Standard and UrCove brands in India with our various partners,” he continued.

Ho added that in order to assist the company in purchasing and developing properties in India, Hyatt is even thinking of establishing a fund similar to the Atona Impact Fund in Japan.

The Impact Fund was established in Japan by Hyatt Hotels Corporation, Kiraku, Inc., and Takenaka Corporation. It is a real estate fund that has grown from 20 billion yen to 153 billion yen. This fund is committed to actively investing in development initiatives under the Atona brand, a joint venture between Kiraku and a Hyatt affiliate that is a modern, luxurious hot spring ryokan (Japanese-style inn).

In reference to the India pipeline, Udell added that Hyatt will open five new locations this year, including The Standard in Jaipur, Bengaluru, Bhopal, and Lansdowne.

“We anticipate accelerating our growth, which will help us reach over 110 properties in the country by 2030, as we continue to see strong and sustained confidence in the India market,” he continued.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button