Radisson Hotel Group has enjoyed a strong H1 2023 with strategic growth being delivered in the EMEA and APAC regions.
The group reported 100+ signings and openings across its expanded brand portfolio in the first half of 2023. In addition to this focussed geographical expansion, RHG also added the lifestyle art’otel brand to diversify its brand architecture.
8,000 keys were added through signings and openings to the group’s portfolio in the region over the first six months of the year. Key destinations where RHG has grown its presence include Greece, Germany, the UK, Italy, Switzerland, France, Saudi Arabia, and Nigeria. New signings in Cyprus and Turkey have also been announced for Q1 2024.
RHG’s portfolio in Vietnam, India, Thailand, the Philippines, and China grew by 60+ hotels (representing over 8,000 keys) in H1 2023. Thailand, in particular, was a market of strong growth over the period. The group has more than doubled its Thai portfolio by signing seven hotels over the last 12 months. Furthermore, next year is expected to see the opening of Radisson Hotel Ploenchit Bangkok, which will constitute the group’s flagship property in the country.
Over 65% of our owners have more than one hotel with us and this is thanks to the trust of our partners, relevance of our brands, and servanthood of our people. We look forward to an exciting second half of the year and wish everyone a relaxing summer break.
Elie Younes, Executive Vice-President & Global Chief Development Officer at Radisson Hotel Group