Radisson Hotel Group continues expansion in Saudi, the UAE
The group to double its portfolio in the next five years, to include Egypt, Morocco
The Radisson Hotel Group has revealed it will double its portfolio in the Middle East and North Africa (MENA) in the next five years.
The group will open an additional 50 hotels and more than 13,000 rooms across the region, with a continued focus on the UAE and Saudi Arabia. It also plans to expand in the North African countries of Egypt and Morocco.
Reportedly, the growth will include the introduction of new brands and will bring its total portfolio to more than 100 hotels and 24,000 rooms in operation across Middle East and North Africa.
Speaking about the expansion, Tim Cordon, area senior vice president Middle East and Africa (MENA), said: “We are committed to developing our brand presence across the region with an active pipeline of hotels that extends across our entire brand portfolio.
“In the last 24 months we have opened more than 30 hotels across Middle East and Africa (MEA) which has been especially pleasing as we see our strong pipeline materializing.
“This year we have some very exciting hotel openings coming up, in particular the brand debut of Radisson RED in the region, a new Radisson Blu next to the Dubai canal, our first resort in Ras Al Khaimah, and our first Radisson Blu in Casablanca.
“Saudi Arabia remains integral to the success of our regional expansion and we were delighted to announce the recent opening of Radisson Blu in Riyadh’s Diplomatic Quarter,” he added.
The group will open four hotels in the UAE: Radisson Blu Hotel Dubai Canal View (206 rooms), Radisson RED Hotel & Apartments Dubai Silicon Oasis (171 rooms), Radisson Hotel Dubai Damac Hills (481 rooms), Radisson Resort Ras Al Khaimah (408 rooms).
Saudi Arabia will see four openings: Park Inn by Radisson Makkah Aziziyah (355 rooms), Park Inn by Radisson Jeddah, Madinah Road (84 rooms), Park Inn by Radisson Riyadh (171 rooms). In Morocco the Radisson Blu Hotel Casablanca (120 rooms) is set to open.
“Our recent development activity in the region includes conversion and re-branding opportunities, as well as city and resort hotels, serviced apartments and our lifestyle offering with the region’s first Radisson RED opening this year in Dubai’s Silicon Oasis development.
“Saudi Arabia continues to offer development opportunities in the holy cities of Makkah and Madinah; we see potential for further development across the Kingdom as it works towards Vision 2030. The rebounding Egyptian economy has given way for our portfolio signing of 6 additional hotels this year; while Morocco’s robust economy backed by the King’s vision will continue to attract investment and provide expansion opportunities,” added Cordon.