The Hyatt case has reignited a debate over what constitutes a permanent establishment, with courts increasingly focusing on the 'form over substance' principle
Hyatt Hotels will add over 10 hotels annually in India, targeting 150 in five to six years, as it brings new global brands and expands into branded residences
The Supreme Court upholds the Delhi High Court's decision, ruling that Hyatt International Southwest Asia's operations in India will be treated as a Permanent Establishment for tax purposes
Hyatt had entered into a deal to buy Playa, which operates 24 high-end, all-inclusive resorts across Mexico, Jamaica and the Dominican Republic
Araiya Hotels, Hyatt and Airbnb are expanding in India as GenZ travellers seek authentic, spiritual, adventure and wellness experiences, driving demand for unique stays
The ETGE said that these businesses are not doing their business in ignorance
Earlier in March, the Indian Hotels Company (IHCL), under its loyalty program, Taj InnerCircle, reached 10 million members
Hyatt said it plans to open six hotels in India, home to roughly 1.4 billion people, this year including in smaller cities from northern Ghaziabad to southern Kochi
The hospitality chain will focus on its lifestyle brands like JdV and Andaz, and intends to bring its recently-acquired lifestyle brand Standard Hotels to the country
Playa operates resorts in Mexico, the Dominican Republic and Jamaica
Playa, which runs 24 high-end, all-inclusive resorts across Mexico, said its board has been evaluating opportunities and has engaged with a number of potential counterparties
Global hospitality major Hyatt Hotels Corporation is confident of nearly doubling its properties in India to 100 hotels over the next five to six years to tap opportunities in one of its top global growth markets, according to a senior company official. The company is also actively exploring opportunities to introduce additional global brands from Hyatt's portfolio to India, Hyatt Hotels Corporation Managing Director, India & Southwest Asia, Sunjae Sharma told PTI in an emailed interview. "We are enthusiastic about our expansion plans in India. With our strong pipeline and strategic growth initiatives, we are confident that we will achieve the milestone of 100 hotels within the next 5-6 years," he said. Sharma said, "This ambitious target is driven by the flourishing travel and hospitality industry in India, the growing demand for high-quality hospitality, and the strong connection our brand has with discerning travellers." He was responding to a query on how many properties and ..
The sluggish growth in foreign tourist arrivals has not impacted Hyatt Hotels, thanks to the surge in demand from domestic tourists
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On the back of this boost in domestic tourism, the company debuted JdV by Hyatt - its ninth brand in the country - in February 2024
Juniper Hotels, which runs hotels under the Hyatt brand, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi)
In normal circumstances, these rooms can be booked for Rs 6,500-10,000
In a Q&A, Genevieve Materne says average daily rates (ADRs) may touch pre-Covid only in 2023-24, though lifting of curbs on international flights will offer some traction
Aims to add 3,800 keys by 2023-end
Raj Kumar Bhargava and Lalit Bhasin cite refusal of Chairperson to convene Board meeting to discuss acute financial crises of the company