UPDATE 1-Hyatt, Carlson sign hotel deals in China, India

* Hyatt has 11 new management deals in China

* Carlson to open eight India hotels in 2010, 15 in 2011

LOS ANGELES, Oct 13 (BestGrowthStock) – Hyatt Hotels Corp (H.N: ) and
Carlson on Wednesday unveiled plans to expand their Asian
hotels businesses, showing that hoteliers are continuing to
grow in India and China as the United States and Europe recover
from the financial crisis.

Hyatt said it has 11 new hotel management agreements in
China, doubling its total number of contracts there to 22.
Travel and hospitality company Carlson said it will open eight
hotels in India this year and plans to add at least another 15
in 2011.

Lodging companies like these emerging markets where
potential demand for hotel rooms outstrips supply.

About a quarter of Hyatt’s hotels are outside North
America, and it runs 17 hotels in China. It said the new
agreements are for properties in growing Chinese cities like
Dalian, Qingdao and Wenzhou.

The company said four China hotels — Park Hyatt Ningbo,
Hyatt Regency Jinan, Hyatt Regency Guiyang and Hyatt Regency
Qingdao — are slated to open in 2011, with an additional nine
properties expected to open in 2012.

Privately held Carlson, which operates Radisson and Country
Inns & Suites by Carlson, said it plans to have more than 100
hotels in operation in India by 2015.

Properties expected to open this year include the 178-room
Radisson Hotel New Delhi Paschim Vihar, the 120-room Radisson
Hotel Rudrapur and the 73-room Country Inn & Suites Gurgaon
Sector 12.

Carlson operates about 1,075 hotels worldwide. Hyatt, which
went public last year, has a portfolio of 445 properties, with
more located in China than any other country except the United
(Reporting by Deena Beasley. Editing by Robert MacMillan)

UPDATE 1-Hyatt, Carlson sign hotel deals in China, India