Hyatt to add over 200 hotels in 'critical' Asia-Pacific, CEO says

U.S. group targets young rich with newly acquired brand, China joint venture

Hyatt CEO Mark Hoplamazian speaks during an interview in Singapore. (Photo by Tsubasa Suruga)

TSUBASA SURUGA, Nikkei staff writer

October 29, 2024 11:38 JST

SINGAPORE -- Hyatt Hotels is expanding its footprint in Asia, with a pipeline of more than 200 hotels scheduled to open over the next five to eight years, President and CEO Mark Hoplamazian told Nikkei Asia, as the hospitality group anticipates growing demand from the region's young, affluent travelers.