Group Overview: Radisson to welcome over 200 hotels to portfolio

by | 07 Jul 2022 | Portfolio

Radisson Hotel Apartments Delta Istanbul Esenyurt.

Analysis from the TOPHOTELPROJECTS database shows that the Radisson Hotel Group will add more than 40,000 rooms to its offerings in the forthcoming years.

Radisson brands will be continuing their march towards world domination according to our information, with a total of 228 hotels, representing an extra 41,248 keys, in the pipeline.

Asian and European focus

In terms of geography, Asia Pacific developments lead the pack, with 88 projects on the slate, collectively contributing 15,320 rooms. Second in the list is Europe’s 66 new hotels, representing 12,292 rooms. Africa and the Middle East are closely matched, with 31 projects and 5,529 keys for the former and 24 hotels totalling 5,564 rooms for the latter. The Americas are the least represented in terms of developments, which may be an indication as to why Radisson recently sold its American arm to Choice Hotels International for $675 million.

Drilling down further into individual countries’ developments, heading the bill is China, with 42 projects, followed by India with 28. While the USA had 14 hotels under development, these may now pass to Choice after the acquisition deal. Completing the top four is Saudi Arabia with 12 new hotels scheduled.

Brand plan

The group’s top brands are Radisson Hotels & Resorts and Radisson Blu Hotels & Resorts. The first marque has 64 hotels equating to 11,459 rooms in its schedule, while Blu has fewer projects (57) but a higher total of 12,022 keys. Radisson Red takes the final step of the podium with 44 new hotels equalling 8,230 rooms.

Park Inn by Radisson is expecting to welcome 28 new sites, equivalent to 4,409 keys, whereas luxury yet local brand Radisson Collection has 13 hotels totalling 2,411 rooms on the slate. Park Plaza Hotels & Resorts rounds off the top six with 12 new properties and 2,000 extra keys.

Immediate increase

The lion’s share of the group’s new hotels’ ratings is in the four star segment, with 158 projects/26,815 rooms in the itinerary. The remaining 70 hotels, representing 14,433 keys, go to the ultra-luxury five star class.

Radisson Hotel Group is intending to expand quickly, with 57 hotels completing this year, adding 115,254 rooms to its capacity. 2023 sees a mammoth 93 projects reaching fruition, representing another 188,139 keys. The following year this growth ramps back down to 58 projects and 117,392 rooms, while 2025 and beyond currently sees another 20 properties entering the group’s auspices, totalling 40,500 rooms.

Water oasis

Prominent upcoming projects include Radisson Phuket Mai Khao Beach, a 222-key upscale property in southern Thailand.

One of the defining features of the resort, which is hoping to complete in early 2023, is the expansive outdoor lagoon pool, which will cover an area of 491 sq m. The hotel’s ground-floor guestrooms will have direct access out onto this watery oasis, while more than 20 of the suites will benefit from their very own private swimming pools.

In the aparthotel segment, Radisson Hotel Apartments Delta Istanbul Esenyurt is expected to play a key role in the hotel group’s growth in the Turkish market when it opens in the third quarter of 2023. This tower property will house 240 hotel apartments across an area of more than 27,000 sq m. These will be joined by an all-day dining restaurant, a lobby lounge and a pool bar and grill, as well as a spa, an outdoor pool and garden, meeting space spanning 2,190 sq m and 320 parking bays.

Within northern Europe, the Radisson Red brand is opening its first site in Norway in the form of Radisson Red Okern Oslo. Due to complete this autumn, the 224-key, four-star newbuild is aiming to achieve a BREAAM-Nor certification for a very high standard of sustainable design. One of the hotel’s biggest highlights will be its expansive roof terrace, offering guests access to a beautiful garden and panoramic 360-degree views over Oslo, and inspired by European cities.

Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.

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ABOUT THE CHAIN

 

Radisson Hotel Group is one of the world's largest hotel groups with several distinctive brands and more than 1,400 properties in operation or under development globally.

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