By Townhall Chicago News Staff
Chicago-headquartered Hyatt Hotels Corporation on Monday announced plans for two new Hyatt Regency hotels in Bengaluru, India, adding a combined 600 rooms to the company’s portfolio in one of India’s fastest-growing commercial markets.
Hyatt affiliates signed management agreements with affiliates of Brigade Group for the two properties: Hyatt Regency Bengaluru at Brigade Global Park and Hyatt Regency Bengaluru on Brigade’s upcoming integrated township on Whitefield-Kadugodi Road, according to a company news release.
The first hotel will sit within Brigade Group’s 25-acre Global Park, an integrated engineering and business ecosystem. It is planned with approximately 350 guestrooms and suites, extensive meeting and event facilities totaling approximately 25,000 square feet, and multiple dining destinations, according to the release.
The second hotel will be part of a mixed-use destination and is planned with approximately 250 guestrooms and suites, food and beverage offerings, and a meetings and events program including a ballroom spanning more than 10,000 square feet, according to the release.
“Bengaluru continues to demonstrate strong demand across business travel, meetings and events, making it a strategic market for Hyatt’s brand growth in India,” Vikas Chawla, president of India and Southwest Asia for Hyatt, said in the release. “We are pleased to collaborate with Brigade Group on these developments and look forward to welcoming guests with the thoughtful service and experiences that define the Hyatt Regency brand.”
Nirupa Shankar, joint managing director of Brigade Group, called the signings an important step.
“The signing of two Hyatt Regency hotels at our upcoming mixed-use developments represents another important step in strengthening our hospitality portfolio in Bengaluru,” Shankar said in the release. “Both hotels will be part of larger integrated developments that bring together multiple asset classes.”
Both hotels are expected to feature amenities including all-day dining restaurants, specialty restaurants, rooftop bars, pool bars, fitness facilities and flexible event spaces, according to the release.
Hyatt Hotels Corporation, which trades on the New York Stock Exchange under the ticker H, reported a portfolio of more than 1,500 hotels and all-inclusive properties in 83 countries as of June 30, according to the release. The company is headquartered in Chicago and employs workers across the region.
The announcement deepens the relationship between Hyatt and Brigade Group, an Indian property developer established in 1986 with projects across Bengaluru, Chennai, Hyderabad and other cities.
The new hotels are expected to serve growing demand from business travelers, meetings and events organizers and leisure guests in Bengaluru, which Hyatt described as one of India’s most dynamic economic centers.
No opening dates for the two properties were announced in the release.
