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

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..