We remain very bullish on India: Radisson Hotel's Asia Pacific President

In the next 5 years, we will add around 20,000 rooms in Asia Pacific of which about 6,000 will be in India

Katerina Giannoka, the newly appointed President of the Radisson Hotel Group, Asia Pacific tells Pavan Lall that their future expansion hinges on a "manchised" model targeted at Tier 2 and 3 cities across India. Presently, Radisson which came to India in 1998, is the second largest international brand here, by the number of hotels.

How was the last year for Radisson?

We were around 64 per cent on occupancy and on average, our rates were Rs 6,000,  which was better than the industry average by a few points but the challenge is that while supply has been absorbed, average rates are