Hyatt Hotels says it expects to expand its hotel network in India fivefold over the coming five years, a strategy its chief executive described as aligned with robust demand for domestic travel and growing consumer spending in the country.
Speaking at the HOPE conference in Goa, Hyatt President and CEO Mark S. Hoplamazian said the firm sees the market supporting a substantial increase in the number of hotels. "Given the growth of the industry, I would say that in five years' time, we should have five times the number of hotels that we have today, because that's what the market would warrant," he said.
At present, Hyatt operates 55 hotels across India in cities that include New Delhi, Mumbai and Bengaluru. The company had previously outlined a plan to grow its Indian portfolio to 100 properties by 2030. Globally, Hyatt's portfolio exceeds 1,400 hotels.
Hyatt's growth projection comes amid industry forecasts that point to rapid expansion in travel and hospitality demand in India. Consultancy Mordor Intelligence estimates the Indian hotel industry could nearly double in size - from $23.5 billion in 2025 to about $55.7 billion by 2031 - attributing that trajectory to factors such as population growth, rapid urbanisation and rising travel aspirations.
Rival global chains are pursuing their own aggressive expansion plans in India. Hilton Worldwide announced plans last year to quadruple its India pipeline of hotel rooms over five years. Domestic operators have also signaled sensitivity to demand dynamics: Leela Hotels has indicated its fiscal 2027 outlook is contingent on affluent consumer demand and on a shortage of luxury rooms in the market.
Hoplamazian framed India as a longer-term investment opportunity for Hyatt. "India is a place to invest, it's a long-term bet," he said.
For investors and market watchers, the expansion plans add to a broader industry narrative of rising competition and shifting capacity in India. Questions about the pace of rollout, competitive responses and how demand will evolve will shape outcomes, even as operators commit to larger pipelines.
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