Η Radisson Hotel Group ended 2023 with excellent growth, adding more than 30,000 rooms to its expanded hotel portfolio, with 10 top 10 hotels in the region. brands. The Group has seen upward business activity, recording growth of almost 50% since the launch of its transformation plan in 2018.

 

In 2023, Radisson Hotel Group set a new corporate record by adding the largest number of “keys” to its portfolio, amounting to over 30,000 through new hotel openings and agreements. At the same time, the flagship brand Radisson Blu, for the 12th consecutive year, is the largest brand in the luxury hotel category in Europe.

Mr. Elie Younes, Executive Vice President and Global Chief Development Officer, Radisson Hotel Group, underlines: “We are extremely grateful to all our partners, owners and colleagues who helped us achieve a dynamic year, with more than 250 deals and new hotels, and 30,000 new rooms added to our portfolio – our highest number to date. We expect 2024 to be a continuation of 2023, with lower inflation and continued investment. We will continue to innovate and respond to the changing market environment to create more opportunities for our owners and possibilities for our guests.”

 

The 2023 successes across the Group’s portfolio and the strongest destinations:

 

 

 

Hotel Berlin, Berlin, the first Radisson Individuals hotel in the German capital, opened as the fourth largest hotel in Berlin, with more than 700 rooms and suites. The Group also expanded in Paris and Thailand with the Hotel YAC Paris Clichy, a member of Radisson Individuals, and Lewit Hotel Pattaya, a member of Radisson Individuals, respectively. In India, the Group expanded with two new hotels, the Uday Palace Navsari, part of Radisson Individuals in Navsari, and the Palchan Hotel & Spa, part of Radisson Individual Retreats in Manali.

2023 marked another successful period of growth for the Radisson Collection brand, with new agreements in markets such as India, Nigeria, Egypt and Lithuania. In addition, expansion in existing markets was achieved with the integration of the new The National Hotel in Belgium, while the long-awaited opening of Santa Sofia Milan, the second Radisson Collection flagship hotel in the design and fashion capital and the fifth in Italy, was completed.

 

Following the initial announcement in May 2022, Radisson Hotel Group accelerated the global development of the premium art‘otel brand in 2023, in partnership with PPHE. The integration of art’otel expanded the Group’s portfolio with 10 separate hotel brands under the Radisson Hotel Group umbrella, offering a unique and timeless experience for guests and owners, combining art with lifestyle. After the impressive opening of the art’otel London Battersea Power Station and the most recent opening of art’otel in Zagreb, the Group’s upcoming plans include new hotels in Rome and London.

 

Last November was a landmark moment for the Group, with the arrival of the Radisson Blu Hotel at Porsche Design Tower in Stuttgart. The signing of the new Radisson Blu hotel in the Triangle project in Paris, designed by award-winning and world-renowned architects Herzog & de Meuron, is expected to become the new landmark destination for the French capital. In addition, new arrivals and agreements were announced for the new Radisson Blu hotels in Jordan, Morocco, India, Turkey, Poland, Saudi Arabia and Nigeria.

Radisson continues to be the fastest growing brand in its industry. In 2023, Radisson added nearly 40 properties to its portfolio through new openings and agreements. In Switzerland, the group opened the largest hotel in Zurich. New properties have been added in the UK, while the brand is also debuting in new destinations such as the tropical island of Reunion, Budapest and Baku. In India, the Group further strengthened its presence with the opening of the Radisson Hotel Sonamarg, the seventh hotel in the Kashmir region.

 

The dynamic brand of the Radisson RED Group entered the Serbian market with Radisson RED Belgrade. Radisson RED also debuted in Helsinki, the green capital of the country considered the happiest in the world, with the Radisson RED Helsinki. It also entered the Georgian market with Radisson RED Tbilisi and signed a deal in Thailand, in the popular destination of Phuket.

 

The Resort category continues to be important for the Group’s hotel owners and guests. New additions to the Group were made with Radisson Blu Resort, Mani in Greece, Radisson Blu Resort, Kumbhalgarh in India, and Fridays Boracay, A Radisson Collection Resort in the Philippines, as well as Fiji, Turkey and Poland, where the Group leads the resort category. In 2024, resorts will continue to play an important role in the Radisson Hotel Group’s strategic growth plan.

 

Radisson Hotel Group was also honoured with top awards, including recognition as the 3rd best employer in the travel and leisure industry by Forbes magazine. This is the third consecutive year that Radisson Hotel Group has been recognised as one of the world’s best employers, underlining the Group’s commitment to its members.

In addition, the Group received the Sustainable Business Award at the Global Travel Hall of Fame, validating the company’s commitment to responsible tourism. The Group was also recognised at A World for Travel with the Environmental Impact Award for its role in the development of the Hotel Sustainability Principles. In addition, RadissonHotels.com, the leading website and its app, won five major awards for their innovative content.