Calculate your SIP ReturnsExplore

Radisson Hotel Group Announces 10 New Hotel Deals in India

27 June 20244 mins read by Angel One
Radisson Hotel Group signs 10 new and unique hotels across brands in an attempt at a major expansion in the South Asian market in just four days.
Radisson Hotel Group Announces 10 New Hotel Deals in India
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On June 26, Radisson Group issued a press release of its latest announcement of the signing of 10 new hotels in just 4 days. These signings took place across 4 brands of the group including Radisson Blu, Radisson, Radisson Individuals, and its brand extension Radisson Individuals Retreats. The group had also entered 5 new markets with this signing and will be the first to open internationally branded hotels in Jawai (Rajasthan), Sagar (Madhya Pradesh), Yavatmal (Maharashtra), Ooty (Tamil Nadu) and Calicut (Kerala).

Radisson Blu signing:

Radisson Group made a pioneering move with the signing of Radisson Blu Hotel at the Nathdwara Stadium in Rajasthan. What’s innovative is that the hotel is India’s first Cricket Stadium Hotel, with 75% of its rooms offering exclusive views of the main cricket field. This will provide an unparalleled view for sports and leisure enthusiasts.

Signings under Radisson:

The Radisson brand is the fastest-growing upscale brand in the group’s portfolio both globally and in India. Under the Radisson brand, the group has signed 2 projects, one in Mohali and the other in Sagar. Additionally, to expand its footprint in Southern India, the group has also signed Park Inn & Suites by Radisson in Calicut.

Radisson Individuals’ signings:

The brand has its selling point in bringing hotels with unique personalities and characteristics that offer its guests opportunities to discover new locations and receive high-quality standards of service. Under the 10 signings, Radisson Group also included 3 conversions in Yavatmal, Udaipur, and Gwalior. In Yatvamal, the Jasraj Palace is signed to become the first internationally branded hotel in the district. Parallel Hotel Udaipur, a member of Radisson Individuals is a design-led hotel in Udaipur where each room will feature a unique design theme. In Gwalior, the brand will open its third hotel and will further engrave its 12th property in the state of Madhya Pradesh.

Radisson Individual Retreats:

This brand under the Radisson group is known for the worldly experiences it offers guests. Famous for its experiential hospitality this brand has now extended its properties in the city of Jawai and Ooty. The Aaramgarh Jawai Resort and Spa will offer wildlife experiences in India’s only Leopard Sanctuary, while the Nilgiris Ooty Resort will provide breathtaking views of the Nilgiris Mountains. 

Radisson Groups’ Position

Radisson Hotel Group is a well-known global hotel chain with a presence of 180+ hotels in India under development or operation. It competes with international and domestic chains in India such as Hilton, Taj Hotels, Marriott, Lemon Tree Hotels etc. While Mariott leads with its image as the world’s biggest and most luxurious chain, Radisson’s brand offerings range from luxury to midscale hotels. In comparison with the strong loyalty and brand prestige of Taj Hotels and Oberoi, Radisson’s adaptability in Tier 2 and 3 markets and strategic growth plans position it to be a formidable competitor in the Indian hospitality landscape. The group currently serves in 70+ locations in India with a hotel every 4 hours of drivable distance.

Conclusion: In the wake of these signings, Radisson Group continues to command its leading presence in the Indian market. The latest signings mark the group’s rapid expansion of its portfolio in South Asia and its growth journey with its existing and new partners.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Open Free Demat Account!

Enjoy Zero Brokerage on Equity Delivery

Join our 2 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link

Enjoy Zero Brokerage on
Equity Delivery