Radisson Hotel Group reports strong H1 growth across its expanded brand portfolio with 100+ signings and openings
10 July 2023
Radisson Hotel Group has had a strong H1 2023 with strategic growth across the portfolio being delivered in APAC and in EMEA with milestone openings and signings. The Group also announced more offerings to its owners and guests with the inclusion of art’otel in its portfolio, blending art and lifestyle.
Radisson Hotel Group continued to lead on its growth and expansion plan in the first half of 2023 focused on strategic geographical expansions and a new brand architecture with the addition of the art’otel brand, which offers a unique value proposition to owners and guests that blends art with a lifestyle experience. Since the beginning of the year, the Group has welcomed more than 100+ hotel openings and signings in APAC and EMEA.
Across EMEA, H1 2023 growth included the addition of more than 8,000 keys through signings and openings across different brands in key destinations such as Greece, Germany, UK, Italy, Switzerland, France, Saudi Arabia, and Nigeria. Key signings and openings include the opening of Radisson Collection Hotel, Santa Sofia Milan, the signing of Radisson Blu Hotel, Rome EUR and Radisson Blu Hotel, Abuja CBD, as well as the signing of Radisson RED Edinburgh Airport, the opening of a Radisson long-stay property in Zurich with 430 rooms, making it the largest hotel in the Zurich metropolitan region, the opening of a new Radisson property in Ferrara, as well as the signings of Radisson Residences Limassol in Cyprus and Radisson Hotel Mersin in Turkey, scheduled to open in Q1 2024.
In APAC, Radisson Hotel Group added 60+ hotels to its portfolio, representing over 8,000 keys, in Vietnam, India, Thailand, the Philippines, and China. In Thailand, the Group has more than doubled its portfolio by signing seven new hotels with over 1,300 rooms in the last 12 months. Key signings and openings include Radisson Hotel Ploenchit Bangkok which will become the Group’s flagship Radisson property in Thailand when it opens in 2024, a new Radisson RED hotel in Phuket, Radisson Resort & Spa in Hua Hin, Radisson Resort & Suites Phuket, and the debut of the Park Inn by Radisson brand in Thailand with a new signing in Bangkok.
Elie Younes, Executive Vice President and Global Chief Development Officer at Radisson Hotel Group, comments: “Over 65% of our owners have more than one hotel with us and this is thanks to the trust of our partners, relevance of our brands and servanthood of our people. We look forward to an exciting second half of the year and wish everyone a relaxing summer break”.
