Radisson Breaks Record by Adding Most Rooms to International Portfolio

Elie Youne, Head of Global Development at Radisson Hotel Group: - "With more than 250 deals and openings worldwide, we have achieved our highest ever addition of 30,000 rooms to our portfolio and have had a strong end to 2023"

Radisson Hotel Group has completed 2023 with strong growth, adding more than 30,000 rooms to its international portfolio of 10 leading brands through new openings and deals, and with these results, the company has grown its operations by 50% since the beginning of its transformation plan in 2018.

According to the statement made by the company, Radisson Hotel Group has set a new record by adding the most rooms to its international portfolio in 2023.

Radisson Hotel Group has added more than 30,000 rooms to its portfolio in 2023, and has achieved a large number of deals and openings. The group's leading brand, Radisson Blu, remained the largest upscale brand in Europe for the 12th consecutive year.

Elie Younes, Head of Global Development at Radisson Hotel Group, said:

'We are grateful to our hoteliers and colleagues who helped us achieve our highest ever figure of more than 30,000 rooms added to our portfolio with more than 250 deals and openings worldwide and to finish 2023 on a strong footing. With inflation slowing and investors continuing to show interest in the sector, we expect 2024 to be a continuation of 2023. We will continue to innovate and adapt to the ever-changing environment, with a commitment to offer our hoteliers more opportunities and our guests more choice.'

Radisson Collection enters new markets

The statement provided information on the Group's portfolio and major destination achievements in 2023.

Accordingly, the Group's first Radisson Individuals property in the German capital, Hotel Berlin, Berlin, has opened its doors as the city's fourth largest hotel with more than 700 rooms and suites. Radisson Individuals also opened in Paris and Thailand for the first time with the opening of Hotel YAC Paris Clichy, a member of Radisson Individuals, and Lewit Hotel Pattaya, a member of Radisson Individuals.

The Group opened two new Radisson Individuals properties: Uday Palace Navsari, a member of Radisson Individuals, in Navsari, India, and Palchan Hotel & Spa, a member of Radisson Individual Retreats, in Manali.

In addition to entering many new markets with significant agreements and openings in India, Nigeria, Egypt and Lithuania, the Radisson Collection brand has also strengthened its portfolio in markets where it already operates, such as the Radisson Collection The National Hotel, Brussels., which it signed in Belgium.

2023 brought with it the highly anticipated opening of the second iconic property in the capital of design and fashion, and the fifth in Italy, the Radisson Collection Hotel, Santa Sofia Milan.

Following its initial announcement in May 2022, Radisson Hotel Group has teamed up with PPHE in 2023 to accelerate the growth of its premium lifestyle brand art'otel globally. With the integration of art'otel, the group has expanded its portfolio to include ten different brands under one roof, bringing together art and lifestyle concepts to offer guests and hoteliers a unique and timeless value proposition. Following the critically acclaimed opening of art'otel London Battersea Power Station and the recent opening of art'otel in Zagreb, the brand is planning new openings in Rome and London Hoxton in the coming period.

Radisson brand retains its title as the fastest growing brand in the sector

In November, the group ushered in an extraordinary era in the 21st century hospitality industry with the opening of Radisson Blu’s flagship property, Radisson Blu Hotel at Porsche Design Tower Stuttgart, and a new Radisson Blu hotel within the Triangle project in Paris, expected to be the city’s new mixed-use destination.

Designed by award-winning world-renowned architects Herzog & de Meuron, the new Radisson Blu property is set to become one of the city’s future icons. Additional openings and agreements were announced for new Radisson Blu properties in Jordan, Morocco, India, Turkey, Poland, Saudi Arabia and Nigeria.

The Radisson brand maintained its title as the fastest-growing brand in the sector. Radisson added nearly 40 properties to its portfolio in 2023 with openings and agreements. The group opened its largest hotel in Zurich as part of its operations in Switzerland. The brand added new properties to its portfolio in the UK and began offering its services for the first time in new destinations such as the tropical island of Réunion, Budapest and Baku. The group further strengthened its presence in India with the opening of its seventh hotel in the Kashmir region, Radisson Hotel Sonamarg.

The group’s vibrant and strong brand, Radisson RED, has taken its first step into the Serbian market with the agreement signed with Radisson RED Belgrade. Radisson RED is the world’s first hotel with the opening of Radisson RED Helsinki Having started its services in Helsinki, the green capital of the happiest country, and in Georgia with Radisson RED Tbilisi, Radisson RED has also brought its social and high-tech concept to Phuket, a popular destination, with an agreement it made in Thailand.

Resort Hotels have maintained their important position in the Group's commercial activities, hotel owners and guests.

Resort Hotels have maintained their important position in the Group's commercial activities, hotel owners and guests. The Group, which has made new additions to its portfolio with agreements made with Radisson Blu Resort, Mani in Greece, Radisson Blu Resort, Kumbhalgarh in India and Fridays Boracay, A Radisson Collection Resort in the Philippines, has also expanded its portfolio in Fiji, Turkey and Poland, where it is the largest resort hotel operator. Resort hotels will continue to play an important role in the Group's strategic growth plan in 2024.

Radisson Hotel Group was selected as the third best employer in the travel sector worldwide by Forbes Magazine and has been deemed worthy of many other prestigious awards. The Radisson Hotel Group, which has been listed among the ‘World’s Best Employers’ for three consecutive years, stands out as a true demonstration of its commitment to its team members.

The Group, which was honored with the Sustainable Business Award at the Global Travel Hall of Fame, has once again demonstrated its determined stance on responsible travel and tourism. The Group was also honored with the ‘Environmental Impact’ award by A World for Travel for its role in the development of the Fundamental Principles of Sustainable Hotel Management. The Group’s leading website, RadissonHotels.com, and its mobile application, and especially the pioneering and leading Three-Dimensional Content Project in the sector, have won a total of five prestigious awards.