Currently, the portfolio has 77 hotels in operation and under development across the Middle East
Radisson Hotel Group has announced its expansion plans at this year’s Future Hospitality Summit, revealing it will add more than 5,000 keys to its expanding portfolio in the next five years.
After two successful years of record-breaking signings and key developments, Radisson Hotel Group continues to focus on the Middle East region, with Saudi Arabia and the United Arab Emirates remaining its core markets.
Within the next 12 months, the Group has plans to sign at least five hotels and launch more than 1,000 keys.
In the UAE, Radisson is set to open Radisson Beach Resort Palm Jumeirah in 2022, following the successful opening of Radisson Resort Ras Al Khaimah on Marjan Island earlier – the first Radisson Resort in the Middle East.
In Saudi Arabia, the recent opening of Radisson Hotel Riyadh Airport marked the Group’s first Radisson-branded property in Riyadh. June saw the opening of Mansard Riyadh, A Radisson Collection Hotel, which is the luxury lifestyle brand’s second hotel in the city, further enhancing its collection of city and leisure hotels across Riyadh.
With a robust pipeline in place, the Group now has more than 25 hotels and serviced apartments in operation and under development in Saudi Arabia, including the upcoming openings of Radisson Blu Hotel, Riyadh Convention and Exhibition Center, and Park Inn by Radisson hotels in Makkah’s Thakher City Development.
Commenting on the Group’s regional expansion plans, Radisson Hotel Group vice president of development for the Middle East, Pakistan, Cyprus and Greece, Elie Milky said: “2022 has been a fantastic year for signings and openings across the region, reiterating the aggressive growth and movement of the Group, and we are on track for further developments in the months to come.
"We will be announcing more hotels with plans to open another 400 keys before the end of the year, closing the year with almost 1,000 keys signed and almost 1,500 keys opened across the GCC and Levant sub-regions. We also look forward to capitalising on our expanding development team across the Middle East and to the opening of our office in Riyadh, re-affirming our strategic shift on the Kingdom."
Elsewhere in the region, Radisson Hotel Group announced the signing of Jordan-based Radisson Blu Hotel, Amman Galleria Mall earlier this year, marking the Group’s entry into another major capital city in the Middle East. With construction already underway, the hotel is scheduled to open by the summer of 2023.
The group has also announced its second brand in Kuwait with the signing of a Park Inn by Radisson Kuwait Hotel & Apartments, offering both hotel rooms and serviced apartments. The newly built property is scheduled to open at the end of 2023 and will comprise 250 keys.
In Oman, the recent signing of the 108-key Park Inn by Radisson Muscat Airport will also further solidify its presence in the Sultanate of Oman.
Younes added: “After two record years in terms of signings, the Middle East remains a key focus for us. We remain committed to unlocking its potential with a solid and immediate pipeline to double our hotels in this area by 2026, including key signings and openings across KSA and UAE, with recent additions in Jordan, Oman and Kuwait. We would like to thank our business partners for their trust in our brands and teams as we look forward to continuing our exciting and rewarding journey."
Radisson Hotel Group currently operates 52 properties in the Middle East with more than 11,000 keys.
For more information, visit www.radissonhotelgroup.com