Hyatt expands in south-west Asia

South-west Asia is the target of an aggressive expansion plan for the Global Hyatt Corporation. Global Hyatt Corporation president and chief executive Mark Hoplamazian said Hyatt would nearly triple its property portfolio in the Gulf states and the Indian subcontinent over the next five years. “We believe that growth will only be sustained if we adhere to strict brand standards that continue to differentiate Hyatt hotels from others in the industry,” said Hoplamazian. The company opened a south-west Asia divisional office in Dubai in January to manage four existing properties in the Gulf Cooperation Council (GCC) states and six in India. It is also managing 18 new projects throughout the GCC and India, which will come onstream over the next five years. Hyatt chairman Thomas Pritzker said: “Hyatt has a long, rich history in the Middle East and we expect our reputation for excellence in hospitality to grow significantly over the next five decades.” The group currently operates 750 hotels and resorts in more than 45 countries, including eight in the Middle East.

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