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Showing posts with label portfolio. Show all posts
Showing posts with label portfolio. Show all posts

Monday, 10 February 2025

Radisson portfolio on an upward trajectory



Radisson Hotel Group reported a record-breaking year in 2024 after adding almost 40,000 keys to its global brand portfolio.

Elie Younes, executive VP and Global Chief Development Officer at Radisson Hotel Group, said: "Despite global geopolitical shifts in 2024, we had a successful year thanks to our relentless efforts to serve our two key customers: the guest and the owner.

“In 2025, we will continue creating more possibilities and opportunities for all our stakeholders through building on existing segments and partnerships as well as seeking new business avenues.

“We are grateful to our owners, partners, shareholders, and dedicated teams, whose trust and support enable our joint success."

Since its launch in 2018, the Radisson Collection brand grew in 2024 to nearly 70 hotels and achieved significant portfolio growth across key destinations. 

This included the signing of the FirstRadisson Collection properties in Paris and Madrid, the signing of the group’s third Radisson Collection property in Riyadh, and the opening of flagship hotels in Rome (Italy), and Srinagar (India). 

The Radisson Collection hotel in the heart of Paris is located in the iconic and heritage-protected Haussmann Building - just steps away from the Louvre Museum and Marais neighborhood.

In Madrid, the Radisson Collection hotel is set to debut in the iconic Generali building located on Alcala Street - one of Madrid's most prominent avenues in the prestigious Canalejas area.

In collaboration with PPHE Hotel Group, Radisson Hotel Group also opened the doors to art'otel London Hoxton in May.

Radisson Blu added over 20 additions to its portfolio, in cities such as Casablanca (Morocco), where the property is nestled in the city's new financial district. The recently opened hotel in Conakry is a landmark addition to Guinea's vibrant capital.

Radisson RED expanded into several new markets including Danang (Vietnam), Berlin (Germany), Auckland (New Zealand), Vientiane (Laos), and Abuja (Nigeria). 

Radisson RED Phuket Patong Beach is located 200 meters from the Patong Beach and marks the debut of the brand in Thailand.

First launched in 2020, Radisson Individuals is now one of the fastest-growing brands in APAC with almost 15 additions to the portfolio in the region in 2024, including openings in Udaipur as well as Saket in South Delhi (India).

Towards the end of the year, the group rebranded its midscale lifestyle brand, prizeotel, to Prize by Radisson. New hotels under the rebranded name were announced in Gdansk (Poland) and Berlin (Germany).

The Radisson family of brands portfolio includes Radisson Collection, art'otel, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and Prize by Radisson.

Image: First Radisson Collection, Madrid

Tuesday, 2 January 2024

Dandenongs signing boosts hotel portfolio

The fast-growing Elanor Hotel Accommodation Fund. has added the Panorama Retreat & Resort in Victoria to its portfolio.

Panorama Retreat & Resort (previously known as CountryPlace) is a residential conference, function and accommodation venue located in the Dandenong Ranges east of Melbourne.

The property has operated for 25 years and sits on high-ground overlooking the Silvan Dam and down to the vineyards of the Yarra Valley.

On a good day, the venue is just 40 minutes from the CBD and it is set on five hectares of gardens with native trees.

The resort has 62 guest rooms, conference and events spaces, indoor and outdoor dining options and recreational facilities.

The Panorama joins an Elanor portfolio that includes the Mayfair Hotel and the Adabco Boutique Hotel in Adelaide; Chateau Yering in the Yarra Valley; Estate Tuscany in the Hunter Valley and Leura Gardens Resort in the NSW Blue Mountains among others