Key Points
Hyatt has been outperforming the Indian hospitality market in terms of growth in revenue per available room, and Mark Hoplamazian, president and CEO of Hyatt Hotels Corporation, told ET he is most excited about the discovery of India by Indian travellers and the opportunity it presents...
The hospitality chain posted a 33% growth in revenue per available room last year and 14% so far this year against the market growth rate of about 30% and 9.2%, respectively, he said.. "It's great to celebrate that," Hoplamazian said..
Indians are discovering their own country increasingly now and the spending power is going up," he said.. Hoplamazian said there is 'tremendous momentum' at Hyatt and the global financial performance has been fantastic...
We have had the highest industry growth among major multi-brand companies for seven straight years," Hoplamazian said.. "Our strategy of focusing more and more on high-end travellers and making sure we can decipher what they need has paid off..
We have a deeper understanding with a more robust set of services, especially in segments such as wellbeing, than ever before," he said.. Hoplamazian said the company can do a lot more in India..
