Radisson plans Middle Eastern increase
Pictured: rendering of Radisson Riyadh Convention Center.
Radisson Hotel Group has outlined tenacious Middle Eastern expansion plans as it sets out to add over 5,000 keys to its portfolio in the next five years.
Its current regional system totals 77 hotels in operation and under development after two years of record-breaking signings and key developments.
Saudi and UAE focus
Radisson’s Middle East regional focus sees the Kingdom of Saudi Arabia (KSA) and United Arab Emirates (UAE) remaining its core markets. The group has ambitious plans to sign at least five hotels and open more than 1,000 keys within the next 12 months.
In the UAE, Radisson Hotel Group is set to open the 389-key Radisson Beach Resort Palm Jumeirah in Dubai this year, following the launch of Radisson Resort Ras Al Khaimah on Marjan Island earlier this year as the first Radisson Resort in the Middle East. As part of the group’s aim to strengthen its resort portfolio, the property will open its doors at West Beach, Palm Jumeirah, one of the most buzzing destinations in Dubai.
The most recent opening of Radisson Hotel Riyadh Airport marked the group’s first Radisson-branded property in Riyadh, Saudi Arabia. June saw the opening of Mansard Riyadh, A Radisson Collection Hotel, which is the luxury lifestyle brand’s second hotel in the city. With a robust pipeline in place, the group now has over 25 hotels and serviced apartments in operation and under development in the Kingdom, including the upcoming openings of the 200-room Radisson Blu Hotel, Riyadh Convention and Exhibition Center, and Park Inn by Radisson hotels in Makkah’s Thakher City Development.
Elie Milky, Radisson’s vice president development for the Middle East, Pakistan, Cyprus and Greece, said: “2022 has been a fantastic year for signings and openings across the region, reiterating the aggressive growth and movement of the group, and we are on track for further developments in the months to come.
“We will be announcing more hotels with plans to open another 400 keys before the end of the year, closing the year with almost 1,000 keys signed and almost 1,500 keys opened across the GCC and Levant sub-regions. We also look forward to capitalising on our expanding development team across the Middle East and to the opening of our office in Riyadh, re-affirming our strategic shift on the Kingdom.”
In Jordan, Radisson signed the 178-room Radisson Blu Hotel, Amman Galleria Mall earlier this year, marking the group’s entry into another major capital city in the Middle East. With construction already underway, the hotel is scheduled to open by the summer of 2023.
Additionally, the hospitality group has announced its second brand in Kuwait with the signing of a Park Inn by Radisson Kuwait Hotel & Apartments, offering both hotel rooms and serviced apartments. The newly built property is scheduled to open at the end of 2023 and will consist of 250 keys. The recent signing of the 108-key Park Inn by Radisson Muscat Airport will also further solidify its presence in the Sultanate of Oman.
Elie Younes, executive vice president and global chief development officer, added: “After two record years in terms of signings, the Middle East remains a key focus for us this year and in the coming years. We remain committed to unlocking its potential with a solid and immediate pipeline to double our hotels in this area by 2026, including key signings and openings across KSA and UAE, with recent additions in Jordan, Oman and Kuwait. We would like to thank our business partners for their trust in our brands and teams as we look forward to continuing our exciting and rewarding journey.”
Radisson Hotel Group currently operates 52 properties in the Middle East with more than 11,000 keys. As leisure and business travel continues to thrive in the region, the international hospitality firm is working on 25 properties in the Middle East.
The latest total includes 242 properties with roughly 40,300 rooms approved for development, but not yet subject to signed contracts. Quarter on quarter, the overall amount grew by 4% in terms of hotels and 2% for keys, from Q2’s 3,100 sites and 547,000 rooms....
As Hyatt continues to build net rooms growth globally, it believes this strategic and intentional growth in Canada reflects its focus on listening and developing in destinations that matter most to guests and owners. Canadian targets With nearly 20 hotels currently...
Q3’s additional 16,800 inked rooms within a planned 123 hotels means that IHG’s global pipeline now stands at 292,467 keys and 1,978 properties. Consistent development The latest numbers signify that the overall pipeline has grown 5.1% year on year, plus the quarterly...
At the recent ITB Asia travel trade show in Singapore, the hospitality firm unveiled its plan to expand its investments to encompass over 50 properties by 2025, with a further target of reaching 70 properties by 2028. Current network Presently, Onyx oversees the...
Two sites will open next year, another four will follow from 2025 and a further duo are due to complete in 2027. Immediate openings In early 2024, the first upcoming Alula hotel openings will comprise Dar Tantora and Hegra Boutique Hotel. Dar Tantora is an upscale...
Our database contains records of 30 high end hotel projects underway, representing a collective 6,714 keys. Helsinki hotspot Capital city Helsinki is far and away the country’s hotel development hub, with at least 18 premium projects on the slate - that’s 60% of this...
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.