Key growth opportunities in ME for Hyatt

The Lobby View at the Grand Hyatt Oman

THE Middle East region offers key growth opportunities for the Global Hyatt Corporation, and the group is expected to make related announcements at ATM from May 6 to 9, according to Mark Hoplamazian, its president and CEO.

Earlier this year it opened in Dubai a southwest Asia divisional office to manage four existing properties in the GCC, six in India, as well as 18 new projects in progress across the GCC and India, scheduled for completion from now until 2013.
Says Hoplamazian, “This new office will cover the GCC countries, India, Pakistan, Nepal, Sri Lanka and Bangladesh. These regions are the highest in terms of growth areas for the company.”
“Global Hyatt is always looking out for new ways to deliver more value to our guests and owners. We are an industry leading brand with global reach, superior growth prospects and a world class management team.
“We strongly believe that growth will only be sustained if we adhere to strict brand standards that continue to differentiate Hyatt hotels from others in the industry,” adds Hoplamazian.
Hyatt, which first entered the region in 1980, recently concluded its international meeting of general managers in Dubai.  More than 400 from around the world met to discuss, among other issues, adherence to Hyatt’s demanding brand standards. “Employment is one of our major concerns today and it is imperative for us to look at effective measures to retain our staff. Loyalty within our customers is another concern. It is not only important to identify today’s client but also to grow with them. There is also the matter of corporate social responsibility, which we have addressed.”
“Arabian Travel Market 2008 is an ideal platform for Hyatt to tell its story of growth to all of our key stakeholders in the industry, and we have quite a strong story to tell moving forward,” said Peter Fulton, newly-appointed Hyatt managing director of Southwest Asia. 
“We will be expanding across the Gulf but also into India in the coming years, and we hope to make a few announcements in early May at the Arabian Travel Market 2008 exhibition.”
Hyatt’s exhibition stand will be located in the Zabeel Hall.