The year 2023 so far
The year 2023 has been exceptional for Hyatt Regency Delhi in terms of occupancy and Average Room Rates (ARRs). Post-pandemic, the property was able to match the 2019 numbers, at least in the first half of the year. However, as we entered the second half of the year, there was a massive improvement, and the property outperformed the 2019 numbers for the corresponding months. This trend was highly encouraging and has made the team at Hyatt Regency Delhi more optimistic about the future.
Looking ahead, the property is very bullish about the upcoming year. New Delhi will be hosting the G20 summit and Shanghai Cooperation Organisation Conference in 2023, which has led to a surge in activity in the Delhi-NCR region.
New additions / Renovation
In addition to our regular upgradation and general maintenance, we are thrilled to share an exciting development at our property – The Presidential Suite, which is the largest in the city and is designed exclusively for Heads of State, dignitaries, etc. It features two bedrooms, an exquisite master bathroom, a state-of-the-art home theatre, a well-equipped office, and a sprawling drawing, dining, and lounge area with a cigar corner and high-end bar.
Sustainability / Eco-friendly measures
At Hyatt Regency Delhi, we are committed to reducing waste and promoting sustainability through a range of initiatives. One notable step we have taken is establishing our own in-house water bottling plant. Furthermore, we have implemented various energy-saving measures throughout the hotel. We use energy-efficient LED lights, recycle water for cooling tower and horticulture purposes, and have a solar water heating system in place. We have also adopted green transport technology. Since 2019, we have provided 10 e-charging stations at the hotel, encouraging the use of electric vehicles and reducing carbon emissions.
Domestic market or Inbound?
At Hyatt Regency Delhi, we have a mix of both domestic and inbound markets. During the pandemic, like many other hotels, we saw a significant increase in domestic travel as people preferred local destinations for their getaways. However, in the first quarter of 2023, we anticipated a surge in inbound leisure traffic, and we have already started to witness its revival. This trend is expected to continue and reach its optimal level by September 2023, especially with G20 scheduled to take place in India.
BLURB
“The hospitality sector in India is heading towards a promising future with diverse trends shaping the traffic flow in the industry. As events and conventions gain momentum and leisure travel continues to rebound, we are excited about the growth opportunities and the potential for Hyatt Regency Delhi in the evolving landscape.”
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