Hyatt Aims for 100 Properties in India

04 Nov 2024 CW Team

Hyatt Hotels has outlined an ambitious expansion plan to grow its presence in India to 100 properties over the next 5-6 years. Currently operating 41 hotels in the country, Hyatt seeks to capitalize on increasing tourism and business travel demand in India's rapidly growing hospitality market. This expansion strategy focuses on both luxury and mid-tier brands like Hyatt Place and Hyatt Regency, which have demonstrated strong appeal in Indian cities.

Hyatt's expansion is being driven by a combination of increased foreign tourist inflows and a rise in domestic travel, encouraged by India's expanding middle class and infrastructure improvements in travel connectivity. The hotel group is concentrating on major urban centers and high-growth secondary markets, aiming to establish properties in locations like Mumbai, Delhi, Bengaluru, and Tier-II cities.

The planned investment and partnership strategies reflect Hyatt’s approach to grow through management contracts and selective ownership models, allowing for scalable growth without significant capital constraints. By 2030, India is expected to rank among Hyatt's largest markets globally, underscoring the company’s confidence in the Indian hospitality sector’s long-term potential. As global tourism recovers, Hyatt’s expansion aligns with broader market trends, positioning it to cater to a surge in demand for both business and leisure hospitality options in India.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..