Retail in Asia

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Hyatt to set up 120 hotels in India over the next 10 yrs

Hyatt Hotels said on Wednesday it will set up more than 120 properties in India over the next decade as it undertakes an expansion in one of the "greatest hotel markets".

Hyatt, which has been present in India for the past thirty years, will expand into 15 new markets, including Bangalore, Chennai, Hyderabad and Pune over the next five years.

In addition, three more developments will come up in Pune, Chennai and Goa this year, while the company has also outlined growth plans in cities such as Delhi, Kolkata and Mumbai.