US-based hospitality group Hyatt
Hotels & Resorts plans to hire 10,000 employees over the next few years to staff
its expansion across India, a senior executive said Wednesday.
The company plans to open 38
properties across 15 cities in the Asian country, bringing its Indian property
portfolio to 44 hotels by 2016.
“Focusing on…the emerging
markets is a key element of our strategy,” Thierry Bertin, VP of worldwide sales for Hyatt
International. “India has a very strong pipeline
of hotel development.”
is scheduled to open two properties in Abu Dhabi in the second half of 2011, the
Park Hyatt on Saadiyat Island and the ‘leaning’ Capital Gate hotel.
“We already have three hotels in
Dubai, with about 1,500 employees,” said Bertin. “With the two Abu Dhabi hotels
we will increase staff numbers by another 600 to 700.”
Abu Dhabi saw a 10 percent rise
in hotel guests in the first quarter of this year, according to government
data, with increases also recorded for guest nights, occupancy levels and revenues.
Hyatt is in talks for future Middle
East developments but has no firm plans, Bertin said.
“We have nothing planned for the
Middle East in the near future, we have conversations ongoing but nothing new
planned. But things are changing all the time.”
Hyatt Hotels Corp reported a 2.7
percent decline in first quarter earnings to $109m, hit by an up to $400m
scheme to upgrade its chain of properties.
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