Hyatt Hotels to Increase Number of Global Properties in Next Five Years

Hyatt Hotels and Resorts is set to significantly expand its properties over the next five years, opening a series of landmark properties across South America, Europe, the Middle East, and Asia, according to senior company executives.

The fifty year-old, Chicago-headquartered hospitality company currently operates 735 hotels and resorts in 45 countries around the world, and employs approximately 90,000 employees.

But changing travel demands, liberalizing economies, and a surplus of liquidity has also meant that the privately held Global Hyatt Corporation is now in a position to dramatically accelerate the pace of its international growth, provided it is able to find a secure suitable locations for properties and adequately staff them to the international standard of excellence for which the company is universally known.

“Hyatt will substantially increase the number of properties under its management over the next five years, if all things go according to plan,” said Peter Fulton, Hyatt’s Managing Director of South West Asia, speaking at an Arabian Travel Market press conference in Dubai.

Hyatt currently operates eight properties in the Middle East and five in India, but has plans for several more in each of the two markets which, together, compose the company’s South West Asia region.