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|24 Jul 2017|
|Rezidor signs 1,600+ rooms and opens 1,400 rooms in Q2-2017|
The Rezidor Hotel Group continued its dynamic growth in the second quarter of 2017 with eight new hotel openings and four signings, representing 1,397 rooms and 1,666 rooms, respectively. The group added the world's largest Radisson Blu Hotel and Park Inn by Radisson in Makkah, Saudi Arabia.
A solid EMEA pipeline
‘While we continue our focus on asset light strategy in emerging markets, we are currently reviewing our approach and will launch an adjusted expansion plan in the coming months that is tailored to the current business environment and investment cycle,' says Elie Younes, Executive Vice President and Chief Development Officer of RezidorPark Inn by Radisson dominates Q2 openings
Across Europe, Rezidor remains the largest operator of upper upscale hotels, while growing its presence in the mid-market segment through Park Inn by Radisson. "Our midscale brand continues on a rapid growth trajectory," says Younes. "Seven of the eight newly opened hotels in Q2-2017 are Park Inn by Radisson hotels."
Africa continues to be an important growth market for Rezidor. Q2-2017 brought new openings of Park Inn by Radisson hotels in Nairobi Westlands, Kenya, and Kigali, Rwanda.
The portfolio additions rolled in Eastern Europe with a new Park Inn by Radisson Izmailovo in Moscow, and in the Middle East with a 459-room hotel in the holy city of Makkah, Saudi Arabia.
Momentum across Europe
For further media information, please contact:
Renu Snehi, Vice President Corporate Communications, PR & Reputation Management
Lucie Cardona, Director Media Relations & Reputation Management
About The Rezidor Hotel Group