HYATT HOTELS
How to use points and miles to stay at the world’s best hotels for free
Points inflation makes luxury travel seem distant. Experts advise using points wisely for memorable experiences. Consider iconic hotels like Ritz Paris or Waldorf Astoria Maldives. Strategic booking through loyalty programs unlocks value. Accumulate points via credit cards and partner offers. Marriott Bonvoy offers a fifth night free. Accor provides rebates. Plan your dream vacation now.
SAMHI Hotels and GIC announce a JV for upscale and higher hotel assets in India
GIC and SAMHI Hotels have forged a strategic partnership to invest in upscale Indian hotels. GIC will acquire a 35% stake in three SAMHI subsidiaries for ?752 crore. The investment will reduce SAMHI's debt by ?580 crore and fund expansion, including a Westin hotel in Bengaluru.
SAMHI Hotels shares shoot up 13% on Rs 2,200 cr JV with GIC
SAMHI Hotels surged 13% after announcing a Rs 2,200 crore joint venture with GIC to invest in upscale hotel assets. The partnership begins with five key properties in Bengaluru and Pune. Funds will be used for expansion and debt reduction, with SAMHI continuing operational control and strategic growth execution.
Sunil Mittal among 4 new members in World Bank's 'Private Sector Investment Lab' initiative
The World Bank is advancing its 'Private Sector Investment Lab' initiative by incorporating industry leaders like Sunil Mittal of Bharti Enterprises. This next phase emphasises implementing proven solutions to generate jobs in developing economies. The Lab's focus areas include regulatory certainty, political risk insurance, and foreign exchange risk.
Cars drive into kimchi stations: How the expansion of Korean and Japanese companies has altered India’s foodscape
Initially driven by the needs of Japanese and Korean expats in India's industrial hubs, a unique culinary landscape has emerged. Companies like Maruti Suzuki faced challenges in providing authentic food for their staff, leading to the rise of specialized stores and restaurants.
Hotel chain Hyatt bets on India's population boom to fuel growth
Hyatt Hotels is capitalizing on India's expanding population and increasing consumer spending to maintain double-digit revenue growth in the country. The hotel chain plans to open six new hotels this year, targeting both major and smaller cities, and aims to double its presence to 100 hotels within five years, driven by urbanization and a growing desire for travel.
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Hotel chains bringing the world to you
Global hospitality chains are strategically introducing diverse brands to capture India's expanding market. These range from Hyatt's Standard, known for hosting celebrity afterparties, to all-inclusive options like Ziva and Zilara. Minor Hotels plans to expand with Avani, while Ascott eyes millennials with its 'lyf' brand, reflecting confidence in India's evolving hospitality landscape.
Cineline India to focus on film exhibition biz expansion: CEO Ashish Kanakia
Cineline India Ltd plans to expand its film exhibition business as it achieves a net debt-free status following the sale of its Goa hotel for Rs 270 crore. The funds will be used to repay the company's entire debt, facilitating growth and enabling the addition of new screens.
Kanakia Group arm Cineline India sells hotel property in Goa for Rs 270 crore
Cineline India sold its Hyatt Centric hotel in Goa for Rs 270 crore to reduce debt and fund expansion. The company aims to achieve a debt-free status by repaying Rs 108 crores related to its film exhibition business. Cineline has monetized non-core assets worth Rs 351 crores to support growth and expand its MovieMAX brand to 77 operational screens.
Warren Buffett's $5 bn giveaway & billion-dollar divorces: Check interesting facts about world's richest individuals
The Hurun Global Rich List 2025 reveals significant changes in billionaire fortunes, with Mukesh Ambani falling from the top 10 and Elon Musk surpassing $400 billion. Major business acquisitions, such as Mars and ExxonMobil's deals, alongside notable philanthropic donations by Warren Buffett, highlight key financial movements among the world's wealthiest.
ET Women Conclave 2025: A confluence of visionaries and innovators
The ET Women Conclave 2025, held at Grand Hyatt in Gurgaon, brought together industry leaders, pioneers, and changemakers for discussions on leadership, innovation, and empowerment. Highlights included sessions on managing well-being, overcoming unconscious bias, and celebrating women's progress in various sectors.
A real-life rags-to-riches story: Indian-origin chef who once struggled with extreme poverty now owns Asia’s No. 1 restaurant
Gaggan, a renowned Bangkok restaurant, topped the Asia 50 Best Restaurants list, offering a 22-course, Indian-accented dining experience. Chef Gaggan Anand’s new venue at Louis Vuitton ranked 31st. The Chairman in Hong Kong came second, while Mingles in Seoul climbed to fifth. The ceremony in Seoul saw notable entries like Eatanic Garden, the top new entry at 25th.
Move over Thailand, fastest-growing Vietnam is India’s new travel playground
Vietnam has emerged as the fastest-growing tourism destination in Southeast Asia, attracting nearly 17.5 million visitors in 2024. Key factors include an improved visa policy, increased flight connectivity, and an influx of top-tier hospitality brands. Indian and Chinese tourists are visiting in record numbers, significantly boosting the tourism sector.
Hotel boom in remote locations triggers reverse migration
Leading hotel chains are expanding into smaller towns, creating thousands of jobs in the hospitality sector. They are investing CSR funds in skill development and encouraging reverse migration by allowing employees to relocate to their hometowns, contributing to local workforce development.
Indian semiconductor companies eye global talent to spearhead operations
These moves come as India struggles with a lack of C-suite talent in the semiconductor sector, due to the absence of fabs and a strong semiconductor ecosystem, forcing companies to hire expats for senior roles.
Eight easy ways to earn and burn credit card points for travel
Rethink your points and miles strategy as rewards from airline loyalty cards decline. Optimize multiple credit cards for different spending categories, target specific travel goals, and maximize bonuses through strategic spending. Avoid low-value redemptions like gift cards and merchandise, and be cautious with transferring points without specific travel plans.
Tariff-exposed stocks feel the squeeze as trade war heats up
U.S. stocks faced significant pressure following the latest escalation in the trade war, with new tariffs on imports from Canada and Mexico impacting sectors like automobiles, aerospace, retail, and housing. Automakers, homebuilders, and airline stocks notably declined, while retaliatory tariffs by Canada and China add further strain on U.S. businesses.
Why did A$AP Rocky's lawyer who once represented Donald Trump turn down Diddy’s case? Attorney speaks out as high-stakes trial looms
Sean 'Diddy' Combs’ legal team faces upheaval as his attorney, Anthony Ricco, withdraws before the high-profile trial, citing confidentiality. Celebrity lawyer Joe Tacopina refuses the case due to his connections with Roc Nation and Jay-Z, hinting at a rift between Diddy and Jay-Z. The defense now faces uncertain challenges ahead of the upcoming trial.
Valor Estate plans business realignment with non-core divestment, hospitality demerger
Valor Estate is divesting non-core assets, including stakes in Schreiber Dynamix Dairies and Sahyadri Agro and Dairy, to focus on high-margin real estate projects. Proceeds of around Rs 260 crore will strengthen their pipeline. The hospitality business will be demerged into Advent Hotels International, managing luxury properties and expanding their portfolio across Mumbai, Delhi, and Goa.
Hyatt Hotels Corporation targets 100 hotels milestone in India over next 5-6 years
Hyatt Hotels Corporation plans to nearly double its properties in India to 100 within 5-6 years, driven by the flourishing travel industry and high demand for quality hospitality. The company will introduce additional global brands and expand its existing portfolio in key locations.
Hyatt records 13% YoY RevPAR growth in H12024
Hyatt aims to focus on experiential luxury and strategic expansion rather than becoming the largest chain in India. With a 13% growth in RevPAR and a goal to reach 100 hotels in the next five to six years, the chain is emphasising unique experiences and strategic locations.
Hyatt Hotels plans to add over 3,800 keys with over 50 hotels in India by 2023
With over 24 executed deals for hotels, Hyatt Hotels Corporation plans to expand its brand footprint in India and is eyeing an over 70% growth, adding over 3,800 keys with more than 50 hotels in its portfolio in India by 2023.
In next 5 years, Hyatt Hotels Corporation expects to have up to 90 hotels in India
The company, which on Wednesday opened its third Hyatt Centric hotel in India with the opening of a new property in the national capital, will increase its total number of hotels to 50 by next year, up from 34 hotels at present.
Hyatt to make room for 14 new properties over next two years
Hyatt Hotels & Resorts plans new hotels in Kochi, Thrissur, Udaipur, Bengaluru, Gurgaon, Dharamshala, Jaipur & Vadodara.
Hyatt's Bengaluru hotel becomes first to be included under Hyatt Centric brand
Located in destinations across cities like New York, Miami, Madrid, Tokyo and Chicago, the Hyatt Centric brand targets millennial-minded travellers.
Hyatt brings its new brand 'Hyatt Centric' to India
Hyatt Hotels Corporation said it has re-branded Hyatt Bangalore MG Road to the Hyatt Centric, marking the brand's first hotel in India and twenty-third property worldwide.
Hyatt appoints Kurt Straub to head operations in India
Hyatt Hotels & Resorts today said Kurt Straub will head its operations in India as vice president of operations for the country.
Hyatt Hotel to bring all its global brands in India in 3 years
Globally, the hospitality chain runs hotels and resorts under the Hyatt, Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, Hyatt Place and Hyatt House brands.
Hyatt to run 60 new hotels in 5 years, focus on mid-scale properties
Hyatt Hotels Corporation will increase the number of hotels it operates in India manifold to 70 over the next five years if everything goes well, a top company official said.
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