Radisson Hotel Group announce the addition of six new hotels to its African portfolio, bringing the total to almost 100 hotels across 32 African markets.
Building on the recent announcement of its reinforced African development team structure, the announcement of the six new hotels further demonstrates the Group’s commitment to the continent.
Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said: “We believe in the vast potential of Africa. The addition of the six hotels, following the announcement of Radisson Hotel Saint Denis earlier this year places us firmly on track to reach over 150 hotels in operation and under development across the continent within the next five years. The new hotel announcements include our debut in new markets, the introduction of additional brands and the strengthening of our presence in cities we’ve identified for scaled growth. We thank our hotel partners for their invaluable trust in Radisson Hotel Group and its people”
Further commenting on this achievement, Ramsay Rankoussi, Vice President, Development, Africa & Turkey, Radisson Hotel Group, stated, “Our growth has been well balanced between green field projects and strategic take-overs of existing hotels. We aim to further accelerate our presence across the continent through conversions, especially as liquidity remains a critical challenge. We have revisited our brand architecture to enable us to quickly integrate existing hotels to our network. This strategy will be reinforced as our brands continue to demonstrate a better value proposition to our owners. Following our revised strategy, we believe we are now geared in providing solutions to the investment community for every type of asset, every segment and at every stage – from funding, to construction and repositioning.”
The six new hotel deals include:
Radisson Collection Hotel Bamako, Mali, first Radisson Collection hotel to open in the continent., Radisson Blu Hotel Abuja City Centre, Nigeria, scheduled to open in 2024, Radisson Hotel & Convention Centre Johannesburg, O.R. Tambo, Radisson Hotel Addis Ababa, Radisson Hotel Group’s fifth hotel in Ethiopia, scheduled to open in 2021, Radisson Hotel & Apartments Accra, Ghana, scheduled to open in 2023, Park Inn by Radisson, Durban Intl. Airport, Dube, South Africa
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