Radisson Hotel Group announces signing of 10 new hotels in South Asia

Radisson Hotel Group has signed 10 new hotels across brands, including Radisson Blu, Radisson, Radisson Individuals, and its brand extension Radisson Individuals Retreats.

Radisson Hotel Group, new hotels, expansion, hospitality industry
Radisson Hotel Group announced that it has signed 10 new hotels in just four days.

Radisson Hotel Group announced that it has signed 10 new hotels in just four days. These signings, it added, are across brands, including Radisson Blu, Radisson, Radisson Individuals, and its brand extension Radisson Individuals Retreats. The Group also entered five new markets and will be the first to open internationally branded hotels in Jawai (Rajasthan), Sagar (Madhya Pradesh), Yavatmal (Maharashtra), Ooty (Tamil Nadu) and Calicut (Kerala).

Also, the Group signed Radisson Blu Hotel, Nathdwara Stadium, Rajasthan, featuring 234 luxurious rooms. This hotel is India’s first Cricket Stadium Hotel, with 75 per cent of its rooms offering exclusive views of the main cricket field, providing an unparalleled experience for sports and leisure enthusiasts.

There are two signings under its Radisson brand – Radisson Sagar and Radisson Mohali. Additionally, as part of its strategic growth in Southern India, the Group has signed Park Inn & Suites by Radisson, Calicut.

real estate, real estate news, industry, industry news, financial express
Realty has Rs 14 trillion finance opportunity between 2024-26, says report 
residential sales, it hubs, property, industry news
Residential sales on the decline in IT hubs
chip firms, electronics, industry
Electronics, chip firms line up Rs 3-trillion kitty over five years
kalyan, titan, jewellery, online jewelery market, industry
Titan, Kalyan boost online play to fast-track growth

Elie Younes, Executive Vice President and Global Chief Development Officer at Radisson Hotel Group, said, “The rapid expansion of our portfolio in South Asia reflects the trust of our partners, the delivery of our systems, and the relevance of our brands. India is one of the key growth markets for us worldwide and we look forward to continuing our growth journey with our existing and new partners.”

“South Asia offers a significant opportunity for us to grow as we remain focused on cementing our portfolio across brands and our valued partners have a strong role to play in this. With their support, the Group is fueling this growth journey dotted with such milestones of signing 10 hotels in a matter of four days. By entering new markets and reinforcing our footprint in existing ones, we continue to drive growth and deliver exceptional value to our stakeholders,” said Nikhil Sharma, Managing Director, and Area Senior Vice President, South Asia at Radisson Hotel Group. 

Radisson Individuals Retreats brand extension has also expanded into Jawai and Ooty with the signing of Aaramgarh Jawai Resort and Spa, a member of Radisson Individuals Retreats and Nilgiris Ooty Resort, a member of Radisson Individuals Retreats. 

The signings also include three conversions under the Radisson Individuals brand in Yavatmal, Udaipur, and Gwalior. Jasraj Place Yavatmal, a member of Radisson Individuals, will be the first internationally branded and organized hotel in Yavatmal. Parallel Hotel Udaipur, a member of Radisson Individuals will be a design-led hotel in Udaipur. Hotel Gwalior Regency, a member of Radisson Individuals, will be the brand’s third hotel in Gwalior. 

Radisson Hotel Group is one of the country’s largest international hotel operators with over 180 hotels in operation and development. 

Get live Share Market updates, Stock Market Quotes, and the latest India News … Read More and business news on Financial Express. Download the Financial Express App for the latest finance news.

First published on: 26-06-2024 at 13:18 IST
Market Data
Market Data