1H 2023 growth focused on strategic geographical expansions
Radisson Hotel Group continued its 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 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 across Asia Pacific (APAC) and Europe, the Middle East and Africa (EMEA).
More than 8,000 keys added across 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.
… and a similar number across APAC
In APAC, Radisson 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.