Iberian Peninsula focus
The group will be making its debut in both Malaga and Tenerife with the signing of Radisson RED Malaga and Radisson Resort & Residences Tenerife, a landmark resort set to undergo a full renovation.
Furthermore, the Group continues to strengthen its presence in Iberia with the upcoming opening of Radisson RED Porto Gaia in Vila Nova de Gaia, and a significant investment planned for the refurbishment of Radisson Blu Hotel Lisbon, starting in 2025.
These developments reinforce the Group’s strategic growth in the region, enhancing its portfolio with dynamic new properties and elevated guest experiences.
Over the last few years, Radisson Hotel Group has significantly strengthened its presence in Spain and the wider Iberian region with the opening and signing of several notable properties, including the Radisson Blu 1882 Hotel, Barcelona Sagrada Familia; Radisson Collection Hotel, Gran Via Bilbao; Radisson Collection Hotel, Magdalena Plaza Sevilla; Radisson RED Madrid; Radisson Blu Resort, Lanzarote and the signing of the first Radisson Collection in the heart of Madrid.
With a portfolio of over 10 properties in operation and under development, the Group has an ambitious growth plan in place, with clear commitments to grow in popular tourist destinations such as the Balearic Islands, Costa del Sol, and the Canary Islands, as well as a plan to expand in major urban centers and key cities like Madrid, Barcelona, Bilbao, Seville, Malaga, San Sebastián, and Valencia.
Key milestone
Elie Younes, Executive Vice President and Global Chief Development Officer at Radisson Hotel Group, commented: “These additions to our portfolio are a key milestone in realizing our strategy to significantly increase our presence in Iberia across various brands. Our success is the result of the trust of our owners and relevance of our brands. We are committed to further creating attractive investment opportunities to our partners and new meaningful experiences to our guests”.
Valerie Schuermans, Vice President, Development at Radisson Hotel Group added that the company was “thrilled” to accelerate its growth in Spain.
“The signing of Radisson Resort & Residences Tenerife and Radisson RED Malaga highlights our commitment to unlocking real estate potential in key markets,” she continued.
“Additionally, we look forward to the highly anticipated opening of Radisson RED Porto Gaia in Vila Nova de Gaia, in partnership with Value One and Arbireo Capital, marking the debut of the Radisson RED brand in Portugal.
“At the same time, our significant investment in the extensive refurbishment of Radisson Blu Hotel, Lisbon will further elevate our presence in the capital. Both destinations offer outstanding tourism appeal, and we are confident these projects will set new benchmarks in hospitality.
“We extend our gratitude to our partners for their trust and collaboration as we continue strengthening our footprint in Spain and further build on Radisson Hotel Group’s legacy in lifestyle and resort hospitality.”
