Radisson executes on growth plan

Radisson hotel lobby - image courtesy of Radisson Hotel Group
With a focused growth plan across Europe and Asia Pacific, Radisson Hotel Group saw strong signings in the first half of 2024.

Radisson Hotel Group signed or opened more than 130 hotels during the first half of 2024, as the company delivered on its growth plan.

The additions came across the EMEA and APAC regions, as brands considered established favourites continue to infill gaps in their portfolios, while upcoming new brands such as Radisson RED continued their focused expansion. Alongside hotel openings, Radisson continues to innovate with new meetings and events additions, while the group is also now offering flights to guests via a partnership with eTraveli.

Painting the town RED

One of the group’s newer brands, Radisson RED, is rolling out its impressive international growth with commitments to open in new markets including China, Ireland, Laos, New Zealand and Thailand. The edgy brand now has a portfolio approaching 90 properties globally.

Signings are also growing for the Radisson Collection brand. Recent additions include the signing of the first hotel under the collection in Paris, and the opening of the Roma Antica hotel, close to the city’s Pantheon and another Radisson Collection property. In Saudi Arabia, Radisson Collection Residences were signed in Riyadh, with the expectation they will be ready to open in late 2024. The project will be Radisson’s tenth site in Riyadh and its 44th in the Kingdom of Saudi Arabia.

An established, award winning favourite, the upper upscale Radisson Blu brand saw close to 20 hotels signed in the first half. These included projects in Italy, Montenegro, Tanzania and Tunisia. The coming months will see the landmark Radisson Blu Das Triest Hotel in Vienna open its doors, the latest ambassador for the brand.

Growth in Asia Pacific is generally led by expansion in the region’s largest market, China. There, signings and openings added more than 5,000 rooms to the portfolio, with additions in cities including Beijing, Chengdu and Shanghai.

Focus on India

Another major Asian market is India, where Radisson Hotel Group currently has close to 25 hotels open or signed. Additions in the first half includes the country’s first cricket stadium hotel, and the Radisson Collection hotel in Udaipur. The period also saw the opening of the Radisson Collection Hotel & Spa, Riverfront Srinagar.

The group is rolling out its Park Inn brand extensively in India, with a number of sites in development. These include Park Inn by Radisson Jabalpur and Park Inn by Radisson Vellore, both due to open in the coming months. Other Park Inn developments in the pipeline are in Ambalavayal, Bhuj, Chennai, Deoghar, Prayagraj, Thrissur and Vaishno Devi.

Elsewhere in the region, there was growth in countries including Cambodia, Indonesia, Laos, the Philippines and Vietnam. In Vietnam, the group’s largest property in the region is preparing for opening, the 734 room Radisson Blu Hoi An. It will be followed by another major resort for the brand, the 225 room Radisson Blu Resort, Ho Tram, due to launch in 2028.

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