Tourexpi
The Group’s current portfolio consists of more than
1,340 properties in 95+ countries, including Radisson Blu, the largest upper
upscale brand in Europe for the 12th consecutive year, and Radisson, the
fastest growing upscale brand in the industry in EMEA and South East
Asia.
Following a record-breaking 2023, Radisson Hotel
Group further extended its portfolio in Q1 2024 with strategic signings and
openings across EMEA and APAC. The United Kingdom, India and China continue to
be leading growth countries, along with exciting debuts in new thriving markets
and resort destinations, such as Montenegro, Indonesia and Laos, with the
signings of respectively Radisson Blu Hotel & Resort, Kolasin; Radisson
Resort Anyer, the Group’s first resort offering a glamping concept,
and Radisson RED Vientiane in the capital of Laos.
Elie Younes, Executive Vice President and Global
Chief Development Officer at Radisson Hotel Group, comments: “Over the
last 5 years, we have grown the business by nearly 50% and continue to achieve
incredible results thanks to the trust of our partners and relevance of our
brands. In Q1, we unlocked further opportunities for our owners and guests with
over 50 properties opened and signed. We find solutions in the current
difficult lending climate and look forward to adding more hotels and resorts as
we look ahead to the rest of this year.”
Radisson Hotel Group’s success in EMEA continues
to grow from strength-to-strength, with Radisson Blu leading the way as the
largest upper upscale brand in Europe. More than 30% of the Group’s growth in
Q1 2024 in EMEA consisted of new Radisson Blu signings, including properties in
Italy and Montenegro. The Radisson Individuals portfolio grew with key signings
in the United Kingdom and France including the seaside The View Hotel
Folkstone, a member of Radisson Individuals and the boutique La Villa
d’Italie Menton, a member of Radisson Individuals. Milestone openings included
the Group’s first safari hotel in South Africa, Radisson Safari Hotel Hoedspruit, the Group’s sixth
Radisson Collection property in Italy, Radisson Collection Hotel, Roma Antica, and the vibrant
Radisson RED brand’s debut in Southeast Europe, Radisson RED Belgrade, in partnership with PPHE Hotel Group
(‘’PPHE’’).
Since the expansion of the Group’s strategic
partnership with PPHE, first announced in 2022, Radisson Hotel Group and PPHE
have opened several award-winning properties, including Grand Hotel Brioni Pula, a Radisson Collection Hotel, art’otel London
Battersea Power Station, and art’otel Zagreb as part of the integration of the
lifestyle brand art’otel into the Group’s dynamic brand umbrella of 10 diverse
brands. Hot on the heels of art’otel’s existing properties in Amsterdam, Berlin
and Cologne, new contemporary properties will open in key cosmopolitan cities
and sought-after neighborhoods, including Rome (art’otel Rome Piazza Sallustio)
and the next London flagship property, art’otel London Hoxton, both set to open
in H1 2024. Also set to open in Q2 2024 will be Radisson RED Berlin Kudamm, the second Radisson RED
property in partnership with PPHE and Germany’s first Radisson RED
property.
In Q1 2024, more than half of the Group’s signings
and openings were achieved across APAC, in particular in India, China, and
Cambodia, led by the Radisson RED and Radisson Blu brands. Key strategic
signings included the Group’s first property and market debut in New
Zealand, Radisson RED Auckland, along with additional signings such
as Radisson RED Phnom Penh and Radisson Blu Hotel &
Residences Phnom Penh (Cambodia), Radisson Blu Hotel, Ayodhya Uttar
Pradesh and Radisson Blu Hotel, Lucknow Gomti Nagar, Uttar Pradesh in
India.
Looking ahead to the remainder of 2024, Radisson
Hotel Group will continue to harness the power of its 10 global brands –
offering the right solution for each market, whilst at the same time continuing
to build strategic partnerships and responding to the ever-changing
environment, creating more opportunities for owners and guests.
Image
Credit: © Radisson Hotel Group
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