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Chris Nassetta, President and CEO, Hilton and Alan Watts, President, Asia Pacific, Hilton at the Hotel Investment Conference - South Asia (HICSA 2023). -
Chris Nassetta, President and CEO, Hilton and Alan Watts, President, Asia Pacific, Hilton at the Hotel Investment Conference - South Asia (HICSA 2023).
Company plans to double portfolio in the market every 3 to 5 years.
Chris Nassetta, President and CEO, Hilton and Alan Watts, President, Asia Pacific, Hilton were in India last week to speak at the Hotel Investment Conference – South Asia (HICSA 2023). Reflecting on his visit, Alan commented on the positive state of travel recovery in APAC and India, the growth opportunities Hilton is seeing in the horizon, as well as the company’s strategy to capture demand in this new golden age of travel.
“This year’s Hotel Investment Conference – South Asia (HICSA) was proudly hosted for the first time at the Hilton and Hilton Garden Inn Bengaluru Embassy Manyata Business Park, and the sentiments were overwhelmingly positive as India returned in full force.” said Alan Watts.
“India is heading into an incredible cycle. With 220 new airports getting built, hundreds more new planes ordered, and India’s first bullet train project slated for completion by 2026, the pace of infrastructure build in the country is phenomenal. We strongly believe that the race for India is ahead of us. We take a long view here at Hilton, and that view is bullish. It is India’s time to shine, and Hilton is absolutely committed to India and is ready to scale here.
As the fastest growing hospitality company in APAC, Hilton is on course to exceed 1,000 trading hotels by 2025. We opened a record 110 hotels in 2022 and target to exceed that number this year. In India more specifically, we plan to double our operational portfolio within India every 3 to 5 years.
This would not be possible without the confidence that owners and partners place in us to deliver best-in-class returns. We are at the forefront of offering world-class hospitality across key consumer segments and destinations, and will continue to place the right brands at the right locations with the right partners, as we stand ready to capture demand in this new golden age of travel.”
Tatiana is the news co-ordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy. She holds a Bachelor degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
