Hyatt plans to open 10-12 Hyatt Place properties across India in five years.

Hyatt Hotels Corporation plans to open over eight to10 properties under the Hyatt Place brand across India by 2020. It has opened its third property at Hinjewadi, Pune followed by Humpi and Gurgaon. Hyatt is now eying cities like Bangalore, Hyderabad, Mumbai and Goa for Hyatt Place.

After the launch of the first Hyatt Place property in Hampi, Karnataka in 2012, the company opened the second Hyatt Place in Gurgaon/ Udyog Vihar in early November last year, the first in Delhi & NCR. Typically, Hyatt invests around Rs 80 to 100 crore depending upon the locations and number of rooms for brand like Place. Hyatt Place in Pune has 117 keys.

Hyatt has four categories under the brand name: Hyatt, Grand Hyatt, Hyatt Regency, and Hyatt Place.

'Hyatt Place is a more value for money brand in comparison to Grand Hyatt and Hyatt Regency, a difference that the Indian clientele is beginning to understand. Hyatt Place provides simplicity and availability across all its properties, categorically built to give a lively, young and energetic ambiance. The brand brings to the upscale service hotel category and as Hinjewadi, Pune continues to grow and thrive economically, we are ready to add momentum in the area,' said Swarendra Sahay, general manager, Hyatt Place, Pune.

BS