• Hyatt hiring: Hyatt has expanded its India team and is building the capacity to grow faster, including through more training. It expects to hire more than 30,000 people in the next 5 years.
• Indian Hotels guidance: Indian Hotels raised its full-year growth guidance from around 12% to more than 15%. Its CEO said the hotel segment had been expected to grow 17% to 19%, with potential to do much better than 15% to 17% if international airline performance improves and the West Asia crisis subsides.
• Leela growth: Leela Palaces called Q2 one of the best quarters in its history. Its growth is driven by a focus on luxury experiences, food and beverage, and wellness beyond rooms; rooms saw 30% ADR-led growth, and 4 heads of state stayed with the company during BRICS.