Radisson Hotel Group reports strong H1 2023 growth
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Radisson Hotel Group reports strong H1 growth, with over 100 signings, openings  

Radisson Hotel Group reports strong H1 growth, with over 100 signings, openings  

The group is looking to grow its portfolio in the Middle East to reach 150 properties in operation and under development by 2030

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Radisson Hotel Group reported strong growth in H1 2023 with its expansion plans gaining momentum.

The group is focused on strategic geographical expansions and a new brand architecture with the addition of the art’otel brand, which “blends art with a lifestyle experience”.

Since the beginning of the year, the group has welcomed more than 100 hotel openings and signings in the APAC and EMEA regions.  

Across the EMEA region, the group added more than 8,000 keys through signings and openings across different brands in destinations, including Greece, Germany, UK, Italy, Switzerland, France, Saudi Arabia and Nigeria.

Radisson Hotel Group’s new openings, signings

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, and Radisson RED Edinburgh Airport; the opening of a long-stay property in Zurich with 430 rooms; the opening of a new property in Ferrara and the signings of Radisson Residences Limassol in Cyprus, and Radisson Hotel Mersin in Turkey, which are scheduled to open in Q1 2024.

In the Middle East, the group is looking to grow its portfolio to reach 150 properties in operation and under development by 2030.

Its plans include opening seven properties across the kingdom in 2023.  

 In the APAC region, the group added more than 60 hotels to its portfolio, representing more than 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 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, the group’s executive vice president and global chief development officer, said: “More than 65 per cent 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 service. We look forward to an exciting second half of the year.”  

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