Tag Archives: Radisson Hotel Group

Ten out of eleven markets registered stability or increase in average daily rate (ADR)s in the first half of 2018, according to recent report by leading investment firm, JLL. Mumbai is the leader in absolute RevPAR and Delhi is the leader in RevPAR percentage change in H1 2018 over the same period last year. Raj Rana, Chief Executive Officer- South Asia, Radisson Hotel Group said, “The overall business sentiment in the hotel industry has been high in 2018 and it may well be marked as the beginning of a sustainable upswing. Buoyed by occupancies touching 70 per cent in many markets and average rates registering improvement, the industry seems to be headed in the right direction. Having braved some early headwinds last year, the industry seems to have regained strength on the back of growing demand, slowing down of supply and various initiatives taken by the government.”

Hotelivate has kicked off its 6th Hotel Operations Summit India (HOSI) at Taj Palace, New Delhi with stimulating discussions on topics pertaining to the hospitality industry. HOSI, the only dedicated forum for hotel professionals in the region, aims to empower today’s hospitality leaders through enabling conversations on management and operations-related issues, the rapidly evolving marketplace, latest industry trends, benchmarking and best practices. With the focus on increasing the diaspora of the speaker by bringing in leaders from businesses that are intricately tied up with the hospitality industry, the programme encompassed a series of keynote addresses by distinguished speakers and thought-provoking group discussions. Notable speakers included industry leaders such as Anshuman Bapna, Chief Product Officer, Goibibo; Dilip Puri, Founder and CEO, Indian School of Hospitality; Jiggs Kalra, Mentor and Culinary Director, Massive Restaurants; Raj Rana, Chief Executive Officer – South Asia, Radisson Hotel Group; Rattan Keswani, Deputy Managing Director, Lemon Tree Hotels; Navjit Ahluwalia, Senior Vice President and Country Head – India, Hilton; Ritesh Agarwal, Founder and CEO, OYO Rooms; Puneet Chhatwal, Managing Director and CEO, Indian Hotels Company, to name a few.

The newly rebranded Radisson Hotel Group announced its expansion plans at Hotel Investment Conference South Asia (HICSA) 2018. The company aims to expand its portfolio to more than 200 hotels in operation and under development by 2022 in South Asia. The group has already signed Radisson Blu Resort Visakhapatnam, Radisson Panipat City Centre and Country Inn & Suites by Radisson Agra in the first quarter of 2018. Radisson Gwalior opened last month and the group is on track to open another eight more hotels in India this year. “This is the most exciting period in our company’s long history,” said Katerina Giannouka, President, Asia Pacific, Radisson Hotel Group. “With the rebranding of our company, we are positioning Radisson Hotel Group for a bright future. India has been a key market for us for many years. We look forward to working with hotel investors, owners, developers and other stakeholders across the country as we accelerate the expansion of our portfolio to India,” added Giannouka. “With a robust performance, ahead of industry average and continued investment in technology and revenue driving platforms, we are optimistic of meeting our five-year goals. I am delighted that India is leading the way in Asia Pacific with a total of seven global brand offerings,” said Raj Rana, Chief Executive Officer, South Asia, Radisson Hotel Group.

Carlson Rezidor Hotel Group announces its rebranding to Radisson Hotel Group, effective immediately, at the International Hotel Investment Forum (IHIF) in Berlin. The new go-to-market name, Radisson Hotel Group, capitalizes on a strong partnership between Radisson Hospitality, Inc. (formerly Carlson Hotels, Inc.) and Rezidor Hotel Group AB (publicly listed on Nasdaq Stockholm, Sweden and headquartered in Brussels, Belgium) who has master franchise agreements to develop and operate several brands across Europe, the Middle East and Africa. Currently, the 11th largest hotel group in the world, Radisson Hotel Group is made up of eight hotel brands with more than 1,400 hotels in operation and under development. The launch of the group’s new identity is a significant milestone in a five-year operating plan that will transform the business and position it to become the preferred choice for guests, owners, investors and talent. “Today is the start of an exciting era for the Radisson Hotel Group, united by our new brand and long-term vision to become a top three hospitality company in the world,” said Federico J. González, President & CEO, the Rezidor Hotel Group and Chairman of the Global Steering Committee, Radisson Hotel Group. “Our five-year operating plan includes initiatives that redefine our value proposition, optimize our portfolio, streamline operations, invest in new technology systems and align our team members to deliver on our signature, Every Moment Matters. ‘Every moment Matters’ is about how we do business at the Radisson Hotel Group and who we are at the core – a place of purposeful encounters. For everyone. Everyday. Everywhere. Every time. Our rebranding is just the beginning.”