In face of significant global challenges in 2020, Radisson Hotel Group expanded its portfolio of properties in Asia Pacific with the addition of 84 new hotels and resorts, covering eight of its distinct brands.
The growth forms part of the company's ambitious five-year strategy to triple its portfolio in the midterm.
This will be achieved through a blend of organic growth in key markets, such as China, India, South East Asia, Australia and New Zealand, and master brand development agreements with Jin Jiang International and its subsidiaries in China, the world's largest travel market.
Radisson Hotel Group is one of India's largest and most reputable international hotel chains, with a comprehensive nationwide portfolio of hotels. This position was strengthened in 2020 with the signing of eight new hotels.
In South East Asia, the signing of the 84-key Radisson Resort Phan Thiet and 309-key Radisson Blu Resort & Spa Van Phong Bay reinforce Radisson Hotel Group's strategy of introducing its world-leading brands to Vietnam's emerging cities and idyllic resort destinations.
In China, two landmark hotels were signed in Nanjing, the capital of Jiangsu province. The 300-key Radisson Blu Hotel Nanjing South New Town and 151-key Radisson Collection Resort, Nanjing will serve the rising number of guests seeking international-standard upper-upscale accommodation in this important regional center.
Radisson Hotel Group's master brand development agreements in China will play a pivotal role in accelerating its Asia Pacific expansion.
In partnership with Jin Jiang International and its subsidiaries, 72 new hotels and resorts were added to the group's Chinese portfolio in 2020, increasing its inventory by almost 9,000 keys. These included eight upscale select-service Radisson RED hotels with 1,108 keys; six contemporary upper upscale Park Plaza hotels with 1,020 keys; 21 upbeat upper midscale Park Inn by Radisson hotels with 2,969 keys; and 37 welcoming upper midscale Country Inns & Suites by Radisson hotels with 3,868 keys, located in a mix of major tier one cities, provincial capitals, urban centers, airports, railway stations, amusement parks, industrial zones and retail plazas all across China.
Moving into 2021, Radisson Hotel Group said it will continue to bring accommodation and elevated hospitality to more guests across Asia Pacific.
"I am very proud of our achievements in 2020, as we remained focused on our long-term goals while responding to unprecedented global upheaval. We reached several major milestones, including the launch of Radisson Individuals, the introduction of Radisson Collection to China, and the signing of new hotels in many exciting new markets. With respected core brands, innovative new concepts, and a fresh focus on high-growth sectors such as serviced apartments, we are confident of a bright future," commented Katerina Giannouka, President, Asia Pacific, Radisson Hotel Group.
