THE HYATT GROUP OF HOTELS
Food & Health|February 2024
Hyatt recorded tremendous growth in the third and fourth quarters of 2022 -primarily driven by the leisure segment which has been a significant driver of our optimistic performance in the past year.
THE HYATT GROUP OF HOTELS

We have witnessed a surge in tourism in the country, primarily fuelled by workcations, staycations, and weekend getaways. Recognizing this changing consumer preference, Hyatt anticipates that more Indians will be interested in extending their business travel plans to include bleisure trips. Moreover, our wedding business also witnessed 200% growth in the quarter as compared to Q1 of 2019. Keeping this in mind, we launched nine new properties in India last year, and we plan to continue this growth momentum and aim to launch an additional 10 hotels in 2023. We recently announced the entry of the Hyatt Centric and Hyatt Place brands in Uttarakhand, with Hyatt Centric Rajpur Road Dehradun and Hyatt Place Haridwar. Additionally, Hyatt is set to introduce the JdV by Hyatt' brand in India this year.

This move aligns with our objective of diversifying our portfolio of hotel offerings in both existing and emerging markets. Our goal is to have over 50 Hyatt-branded properties in India by the end of 2023. Hyatt has already experienced impressive growth in revenue per available room (RevPar), surpassing 2019 levels by 125% in the fourth quarter of last year. Moreover, in the first quarter of this year, we witnessed a remarkable growth of nearly 175% in its leisure group business and an same 80% growth in its corporate group business compared to the period in 2019. These positive trends indicate a strong demand trajectory that shows no signs of slowing down.

Denne historien er fra February 2024-utgaven av Food & Health.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra February 2024-utgaven av Food & Health.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FOOD & HEALTHSe alt
INDIA'S FESTIVE GOLD BUYING SPREE CONTINUES, DEFYING RECORD PRICE
Food & Health

INDIA'S FESTIVE GOLD BUYING SPREE CONTINUES, DEFYING RECORD PRICE

Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals, hoping bullion would continue to rally and deliver promising returns amid a cooling stock market, industry officials told Reuters.

time-read
1 min  |
November 2024
CAKE MIXING CEREMONY @ THE WESTIN CHENNAI VELACHERY
Food & Health

CAKE MIXING CEREMONY @ THE WESTIN CHENNAI VELACHERY

The Westin Chennai Velachery begins its celebration this festive season with its annual Cake-Mixing Ceremony, welcoming enthusiastic home chefs in the city, and children from Rising Stars (outreach of India) to an exciting evening of flavor, fun, and festivity.

time-read
1 min  |
November 2024
PUMA LAUNCHES NEW GLOBAL BASKETBALL CAMPAIGN
Food & Health

PUMA LAUNCHES NEW GLOBAL BASKETBALL CAMPAIGN

Puma has launched its first worldwide brand campaign in 10 years, highlighting the sportswear giant’s basketball division.

time-read
3 mins  |
November 2024
YOGA FOR TEENAGERS A Path to Balance & Well-being
Food & Health

YOGA FOR TEENAGERS A Path to Balance & Well-being

In a world where teens face an evergrowing list of pressure from academic achievements to social expectations, the search of balance becomes crucial.

time-read
2 mins  |
November 2024
DIABETES-AN ENEMY WITHIN AND HOW TO MANAGE IT WISELY
Food & Health

DIABETES-AN ENEMY WITHIN AND HOW TO MANAGE IT WISELY

Diabetes is a medical condition that occurs when the level of glucose (sugar) in the blood is too high. This can happen for two reasons; either the body is unable to produce insulin, the hormone which regulates blood sugar levels, or the insulin produced isn't working properly. On this page, we'll explore both type 1 and type 2 diabetes in more detail, look at the treatment options available, including the role diet and lifestyle have in managing the condition, and how a nutrition professional can support you.

time-read
8 mins  |
November 2024
SAMITIVEJ HOSPITALS
Food & Health

SAMITIVEJ HOSPITALS

Samitivej Hospitals,  part of Bangkok Dusit Medical Services (BDMS),  are a leading group of private hospitals serving both Thailand and the ASEAN region. Samitivej’s first hospital was founded in June 1979.

time-read
4 mins  |
November 2024
SPICES DO MORE THAN JUST ADDING FLAVOUR TO OUR FOODS
Food & Health

SPICES DO MORE THAN JUST ADDING FLAVOUR TO OUR FOODS

A spice is any dried plant bark, leaf, root, seed, or bud used to enhance the taste of food.

time-read
5 mins  |
November 2024
TANISHQ & DE BEERS
Food & Health

TANISHQ & DE BEERS

FORM STRATEGIC PARTNERSHIP TO PROMOTE NATURAL DIAMONDS IN INDIA

time-read
5 mins  |
November 2024
DABUR TO ACQUIRE AYURVEDIC PERSONAL CARE BRAND SESA CARE
Food & Health

DABUR TO ACQUIRE AYURVEDIC PERSONAL CARE BRAND SESA CARE

Fast moving consumer goods and personal care business Dabur has initiated its acquisition of Ayurvedic haircare brand Sesa Care to enable Dabur to expand into the midpriced hair oil market.

time-read
1 min  |
November 2024
DOES COFFEE SUPPORTS WEIGHT LOSS?
Food & Health

DOES COFFEE SUPPORTS WEIGHT LOSS?

Losing weight can be difficult, and many individuals try a variety of methods.

time-read
4 mins  |
November 2024