Hyatt To Increase Number Of Hotels In India

Hyatt Hotels Corp. announced Wednesday agreements for nine new hotels in cities across India, bringing to 38 the total number of Hyatt hotels under development in that country.

The nine are: a Grand Hyatt in Noida; Hyatt Regency hotels in Jaipur, Surat, Ghazibad, Chandigarh, Lucknow and Guwahati; and Hyatt Place hotels in Bangalore-Devanhalli and Mumbai-Seepz.

Article Controls Emailemail imagereprint imagenewsletter imagecomments imageshare imagedel.icio.us imageDigg It! imageyahoo imageFacebook imageTwitter imageReddit imagerss Yahoo! Buzz The company also said in a news release that the Hyatt Regency Chennai and the Grand Hyatt Goa will open later this year.

The development of new hotels in India is expected to create more than 10,000 new jobs in the hotels, Hyatt said. There are currently about 3,500 employees at Hyatt hotels in the country.

Chicago-based Hyatt returned to profitability in the fourth quarter, helped by a large gain from some property sales and improving demand. Both businesses and consumers have started to return to travel now that economic conditions are improving and consumer confidence is growing.

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