Radisson Hotel Group Expands Footprint Across India
Radisson Hotel Group is expanding its presence in India, targeting Tier-II and Tier-III cities. They've entered 47 new cities and aim to have up to 500 hotels by 2030. With 130 properties already operational, the group's strategy includes diversifying into leisure, urban centers, and special events markets.
- Country:
- India
India remains a pivotal market for Radisson Hotel Group, with the luxury hospitality chain broadening its reach into high-potential Tier-II and Tier-III cities. Over the last 18 months, Radisson has expanded into 47 new locations, as confirmed by the group's South Asia Managing Director & COO, Nikhil Sharma.
The hospitality leader now operates over 130 properties, with an additional 70 in development across the country. With 59 new signings during this period, Radisson aims to operate up to 500 hotels in India by 2030, according to a recent statement from the company.
Sharma highlighted that India is one of Radisson's most dynamic markets, where the company is bolstering its presence both in leisure and urban markets. Their hotels are increasingly focusing on supporting events such as weddings, meetings, and the burgeoning spiritual and experiential travel sectors.
(With inputs from agencies.)
- READ MORE ON:
- Radisson
- India
- hospitality
- Tier-II
- Tier-III
- expansion
- Nikhil Sharma
- hotels
- travel
- urban
ALSO READ
Russia's Buffer Zone Expansion: Strategic Moves in Ukraine
Oyo's Parent Firm Prism Eyes IPO: A Rs 6,650 Crore Bid for Market Expansion
Veegaland Developers Plans Rs 250 Crore IPO for Expansion
Russian Forces Push Forward: Expansion in Ukraine's Sumy and Kharkiv
Modern Diagnostic Set to Launch IPO for Expansion and Innovation

