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Radisson adds 130 new signings, openings to global portfolio in H1 2024

  • HOTELSMag.com
  • 2 September 2024
  • 3 minute read
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This article was written by HotelsMag. Click here to read the original article

The first half of the year saw Radisson Hotel Group achieving significant milestones and growing its global presence. The lodging company progressed towards achieving its growth plan in H1 2024 and has added more than 130 new signings and openings across EMEA and APAC regions, Radisson said in a statement.

The new signings and openings include Radisson RED’s expansion into new markets, such as Ireland, New Zealand, Thailand, Laos and China, bringing its global portfolio to nearly 90 hotels.

The Radisson Collection and Radisson Blu brands also widened their footprint, with roughly 20 new Radisson Blu signings.

“During the first six months this year, we reported strong growth across our international portfolio, while consistently creating relevance for guests and value for owners. Radisson Hotel Group’s brands offer a clear solution for every market,” said Elie Younes, executive vice president and global chief development officer at Radisson Hotel Group.

Radisson RED, Danang.

Radisson’s portfolio in the EMEA saw a remarkable growth across key destinations. Some of the notable additions to the estate include the signing of the first Radisson Collection near the Louvre Museum in Paris and the opening of the Radisson Collection Hotel, Roma Antica located close to the Pantheon in Rome. Strengthening its presence in Saudi Arabia, the company signed the Radisson Collection Residences in Riyadh. The property is slated to open later this year as the group’s 10th hotel in Riyadh and 44th in Saudi Arabia.

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The group signed close to 20 new Radisson Blu hotels in H1 2024, further building its presence in Europe’s upper upscale brand segment. Some of the brand’s notable new signings included properties in Italy, Montenegro, Tunisia and Tanzania, as well as the Radisson Blu Das Triest Hotel in Vienna, which will welcome guests in the coming months.

Besides opening its first hotel in France’s Cote d’Azur region, Radisson Individuals also expanded its presence in the U.K. through the signings and openings of new hotels in Folkestone, Kent and Surrey.

Radisson’s long-term collaboration with strategic partner PPHE Hotel Group saw the opening of the art’otel Hoxton in London. The hotel blends art and lifestyle and showcases artwork by Signature Artist D*Face.

art’otel Hoxton in London.

Across the Asia Pacific, Radisson added more than 5,000 rooms in China through new openings and signings in key destinations, such as Beijing, Shanghai, and Chengdu. These additions contribute to a portfolio of more than 400 properties across various stages of development and operation in the country.

Catering to growing demand, Radisson signed some hotels in Southeast Asian markets, including in the Philippines, Vietnam, Cambodia, Indonesia and Laos.

With signings and openings of around 25 hotels this year, India continues to be a significant focus area for Radisson. Some of the new signings include the country’s first Cricket Stadium Hotel (which will have 75% of its rooms offering exclusive views of the main cricket field in Rajasthan) and the Radisson Collection in Udaipur. The recent opening of Radisson Collection Hotel & Spa, Riverfront Srinagar also highlights the group’s strategic advancement in the Indian market.

Expanding its upscale resort portfolio, Radisson added properties in Sardinia, Poland, Indonesia, Montenegro, Vietnam and India.

Currently, Radisson has more than 1,380 hotels (520 operational hotels in EMEA and 290 in APAC) and more than 227,310 rooms in operation and under development in EMEA and APAC. The lodging company is present in more than 95 countries under 10 brands. Since 2018, Radisson is part of Jin Jiang International.

Please click here to access the full original article.

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