India's infra growth and tier-II and III markets to drive demand
Belgium-headquartered Radisson Hotel Group is targeting a portfolio of 500 hotels and a 50,000 strong workforce in India by 2030, a top executive from the luxury hospitality chain said on Tuesday. In an interview to PTI, Elie Younes, Executive Vice President and Global Chief Development Officer of the Radisson Hotel Group, shared its India expansion plans, aiming to more than double the number of properties in its portfolio, from over 200 currently, to 250-260 by 2026 and 500 by 2030. Younes said the Radisson Hotel Group is expected to nearly triple its workforce to 50,000 people in India by 2030, from 17,000 at present. He also outlined suggestions for attracting more foreign tourists to India, pitching for easier visa regulations and improved airline infrastructure to support better air travel facilities. He also outlined that branded residences segment is going to be an alternative model for the Radisson Hotel Group, and not a mainstream model, for the next five years. "We ...
Radisson Hotel Group has promoted Vikram Berry and Faisal Nafees to senior operational leadership roles, reinforcing its expansion and performance focus across South Asia
The hospitality major strengthens its India presence with 59 new signings in 18 months, aiming to open 500 hotels by 2030 across business and leisure destinations
With 10 new hotels already operational in 2025 and several more lined up before the end of the year, the Radisson Hotel Group aims to build a strong footprint in smaller but fast-growing markets
The hospitality group currently operates a portfolio of over 200 hotels across the country
Belgium-headquartered Radisson Hotel Group is eyeing to double its portfolio in India in the next few years, from over 200 operational hotels at present, with a focus on a sustainable and inclusive growth model, according to a senior company official. In an interview to PTI, Radisson Hotel Group Managing Director and Chief Operating Officer for South Asia Nikhil Sharma said its hotel in Pahalgam is currently operating at an occupancy rate of 20-30 per cent of what the occupancies were last year, in the aftermath of the recent terror attack on tourists that shook the nation. Notably, Radisson is the largest luxury hotel chain in Jammu and Kashmir, with seven hotels in operation, including five in the valley, and 2-3 hotels in the pipeline. "We are, I would say, operating between 20 to 30 per cent in cities like Pahalgam. So in Srinagar, we are about 50 per cent of what the occupancies were last year. Last year, about 35 lakh tourists came into the valley. "This year, we are not seei
Hotel Deoghar in Jharkhand, Radisson RED Puri in Odisha, and Radisson Resort and Spa, Ranchi in Jharkhand are the new signings, with a combined key count of 400, the group said in a release
As hobby and business, baking means art and science to its practitioners
We will close this year with 130 operating hotels and add almost 20 operating hotels next year, said Nikhil Sharma, MD, South Asia, Radisson Hotels group
Radisson Hotel Group on Wednesday announced the appointment of Nikhil Sharma as the Managing Director and Area Senior Vice President for South Asia, effective April 1. In his new role, Sharma will lead Radisson Hotel Group's operations in the dynamic South Asia region, which has over 165 hotels in operation and development. "Nikhil joins Radisson Hotel Group from Wyndham Hotels & Resorts (WHR) where he served as Market Managing Director Eurasia, overseeing business development, operations, new openings, and sales & marketing," Radisson Group stated. Before his time at Wyndham Hotels & Resorts, he held the position of Chief Operating Officer at Ginger Hotels, a brand under the IHCL conglomerate, the statement added. He was also a founding member of the Lemon Tree Hotel Company and a significant contributor to the growth of India's upscale hotel segment. "Nikhil's appointment reflects our commitment to strengthening our leadership team and driving strategic growth in South ..
This comes just weeks after Radisson announced that it will make its debut in Ayodhya with Park Inn
The Radisson Hotel Group on Wednesday said it has accelerated its growth in India by signing 21 hotels under a portfolio of nine brands in 2023. These 21 hotels also include the signing and opening of the group's first property at Ayodhya, in Uttar Pradesh -- Park Inn by Radisson Ayodhya, as the destination gained a lot of national and international attention following the consecration of the Ram Temple last month, Radisson group said in a statement. In India, the Group continues to enjoy a first-mover advantage in the country's key pilgrim destinations. It will soon introduce branded hotels in Vrindavan in Uttar Pradesh and Ujjain in Madhya Pradesh, the statement added. Globally, Radisson Hotel Group added over 30,000 keys to its international portfolio. In the Indian market, Radisson Hotel Group is one of the largest international hotel operators with over 165 hotels in operation and development. It continues to be the largest hotel operator in tier I markets like Delhi NCR ...
The total outstanding loan for the hotel properties amounts to Rs 507 crore and the loan has been categorised as a special mention account (SMA) 2, as of June
VFS Global on Thursday said it has entered into a strategic partnership with Radisson Hotel Group in India to operate UK Premium Application Centres from the hotel chain's properties. The UK visa customers can now book appointments at any of the premium application centres located at Radisson Blu Hotel Amritsar, Radisson RED Chandigarh Mohali, Park Plaza Ludhiana, and Radisson Noida for submitting their applications and enrolling biometrics this summer season, the company said in a statement. This partnership will provide customers residing in and around Punjab and Noida with four new location options, in addition to the visa application centres located in Chandigarh, Jalandhar, and New Delhi. "The partnership with Radisson Hotel Group provides additional and conveniently located touchpoints to our customers. "UK visa customers will continue to enjoy the same comfort, convenience, and best-in-class services at these locations that they do at our Visa Application Centres, as well as
Global hospitality company Radisson Hotel Group on Thursday said it has signed 11 new hotels across brands between January-April this year in key gateway cities and emerging destinations of the country. These new hotels are present across Hyderabad, Bengaluru, Ujjain, Raipur, Sonamarg, Manali, Kerala and Visakhapatnam, Radisson Hotel Group said in a statement. The group also announced the debut of its luxury lifestyle brand, Radisson Collection, in India with the signing of the first hotel in Hyderabad while expanding its portfolio across other brands, including Radisson Blu, Radisson, Park Inn & Suites by Radisson, and Radisson Individuals Retreats. With these signings, the group has 110 operating hotels in over 64 locations across the country. "2023 marks a significant milestone for us as we have successfully completed our 25-year journey in the Indian market. To translate our ambitious five-year expansion plan, we have signed 11 new hotels since January and have a strong ...
Radisson Hotel Group on Wednesday announced the entry of its luxury lifestyle brand "Radisson Collection" in India with the signing of the first hotel in Hyderabad. The 300-room hotel is close to the city's financial district, which houses business centres, IT parks and Special Economic Zones (SEZs). The hotel would be operational by the second quarter of 2026. Launched globally in 2018, Radisson Collection currently has over 50 hotels in operation and development in locations across the UK, Germany, Italy, Spain and Trkiye. "India is one of our top focus countries globally that presents significant opportunities to both investors and guests," Elie Younes, Executive Vice President & Global Chief Development Officer at Radisson Hotel Group, said. "This signing comes at an opportune time for us as we complete 25 years of operation in the country, which is a testimony of our stakeholders' trust in us," Zubin Saxena, Managing Director and Area Senior Vice President - South Asia of ...
Radisson Hotel Group has entered into a strategic alliance with Ruptub Solutions Pvt Ltd, which owns the brand 'Treebo', to launch its new mid-scale brand Park Inn & Suites by Radisson. The brand will target Tier 2 to Tier 5 cities. Ruptub Solutions operates a domestic chain of more than 1,000 properties in more than 120 cities across India under the brand 'Treebo'. "The partnership will identify and convert quick-to-market opportunities targeting the development of a 150-hotel-strong network of Park Inn & Suites by Radisson properties over the next decade," Radisson Hotel Group said on Thursday. Park Inn & Suites by Radisson will have an average size of 50 to 70 rooms. Sidharth Gupta, Founder and Director of Ruptub Solutions Pvt Ltd, told PTI the Park Inn & Suites offering will initially target two Southern states of Karnataka and Kerala, and the seven North Eastern States. Currently, Radisson Group has more than 150 hotels in operation and development across over 60 .
2.5 million marriages may get solemnised during the wedding season starting next week; tariff at hotels up by a record 25-30% over 2019-20 levels
Entry of common people into Radisson Blu hotel has almost been barred for now, with the Guwahati police taking over the security from its private guards.