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‘Radisson is the second largest international hotel operator in India’
Livemint
·
1y ago
Medial
Radisson Hotel Group has become the second largest international hotel operator in India with 115 hotels under its Radisson, Park Inn, and Suites by Radisson brands. The company has around 60 properties under development. Radisson aims to sign and open 30 hotel properties each year for the next five years, taking advantage of the growth in India's hospitality sector. The company's portfolio is evenly distributed between metropolitan and tier II-III cities, and the highest growth is expected from the Radisson brand. Radisson also collaborates with unbranded hotel properties and has introduced brands customized for the Indian market.
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Radisson Hotel Group Announces Its Second Hotel Project In Ayodhya
OutlookIndia
·
1y ago
Medial
Radisson Hotel Group has announced plans to build a new 150-room Radisson Blu Hotel in Ayodhya, set to open in 2027. This marks the group's second hotel investment in Ayodhya, following the announcement of the Park Inn by Radisson Ayodhya opening in January 2024. The new hotel will be located within two kilometers of the Shri Ram Mandir temple, enjoying excellent road connectivity and proximity to the Maharishi Valmiki International Airport and Ayodhya Railway Station. The decision to invest in Ayodhya is driven by strong guest demand and the city's potential as a market for expansion.
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Radisson Hotels expands rapidly across India amid demand for branded rooms
Livemint
·
11m ago
Medial
Radisson Hotel Group is capitalizing on the growing demand for hospitality services in India by strategically expanding its presence in metropolitan and emerging tier II-III markets. With only as many branded rooms as New York, the group aims to tap into the increasing demand that is expected to outpace supply for the next 7-10 years. The company has seen strong occupancy rates above 70% and plans to continue its expansion into religious tourism and smaller cities. Radisson Hotel Group is owned by Chinese state-owned enterprise Jin Jiang International Holdings and operates brands such as Radisson and Radisson Blu.
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Radisson Hotel Group launches Radisson Flights in India with Etraveli Group
Economic Times
·
1m ago
Medial
Radisson Hotel Group has introduced Radisson Flights in India in collaboration with Etraveli Group, a global flight technology provider. This new service allows guests in India to book flights and hotels together on the Radisson Hotels platform. The launch is part of Radisson's ongoing digital transformation and global expansion across 14 countries, aimed at providing seamless travel experiences by combining flight and accommodation bookings under one platform, reflecting the group's innovative approach and commitment to customer convenience.
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Radisson eyes 500 hotels in India by 2030: EVP González
Livemint
·
5d ago
Medial
Radisson Hotel Group aims to expand its presence in India, targeting an ambitious 500 hotels by 2030, reflecting India's strategic importance in their global portfolio. Currently operating over 140 hotels with 70 more in the pipeline, India's growing travel market makes it Radisson’s second-most important after China. Executive VP Federico J. González acknowledges the vast business potential in India, viewing its growth as a learning blueprint for worldwide expansion.
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EaseMyTrip, Jeewani Group partner with Radisson Hotel Group to build hotel in Ayodhya
Livemint
·
1y ago
Medial
Travel booking platform EaseMyTrip has partnered with the Jeewani Group to develop a 150-room Radisson Blu Hotel in Ayodhya. The hotel, set to open in 2027, is strategically located near the Shri Ram Mandir and is expected to benefit from increased religious tourism following the consecration of the Ram Temple. The collaboration aims to enhance the hospitality offerings in Ayodhya and create a landmark destination in the city.
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Airtel introduces in-flight roaming packs starting at ₹195
Livemint
·
1y ago
Medial
Bharti Airtel, the second-largest mobile operator in India, has launched new in-flight roaming packages for pre-paid and post-paid customers. Starting at ₹195, the plans include data, outgoing calls, and SMS with a validity of 24 hours. The company has also integrated in-flight roaming with plans starting at ₹2,997 and ₹3,999, offering free in-flight connectivity. Airtel has partnered with Aeromobile to provide connectivity on 19 international airlines. The service will be supported by 24/7 customer support and a dedicated WhatsApp number, as well as the Airtel Thanks App for self-service options.
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Bharti Airtel’s Africa unit set to bag a big cheque from offshore investor
VCCircle
·
1y ago
Medial
Airtel Africa, a subsidiary of Bharti Airtel, is expected to receive $200 million in fresh capital from an existing offshore investor. The funds will primarily be raised through debt and will provide financial support to the second-largest telecom operator in Africa. Airtel Africa is listed on the London Stock Exchange.
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WLF 2025 | Federico J. González, CEO, Radisson Hotel Group and Board Director, Louvre Hotels Group
Economic Times
·
7d ago
Medial
Federico J. González, CEO of Radisson Hotel Group and Board Director at Louvre Hotels Group, discussed the challenges businesses face in uncertain times during the World Leaders Forum 2025. He emphasized five key factors essential for entrepreneurs to navigate these challenges successfully. These insights were shared in an interview during the forum, focusing on strategic planning and resilience in the face of global economic uncertainties.
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LuLu group puts 217-room Marriot on block for ₹400 crore
Livemint
·
1y ago
Medial
An under-construction 5-star hotel near Bengaluru airport is up for sale for an estimated ₹400 crore. The hotel, owned by Twenty Fourteen Hotels India Pvt. Ltd, is 75% complete and is expected to be finalized within two months. The property, which was supposed to be ready by 2019, faced delays due to the mounting debt of Twenty14 Holdings, the hospitality investment arm of LuLu Group International. The hotel will be operated by Marriott International. The buyer is willing to pay ₹350 crore for the property, but additional funds will be needed to complete the construction.
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Lemon Tree eyes co-branding alliances with international hotel chains
Livemint
·
8m ago
Medial
Indian hotel chain, Lemon Tree Hotels, is preparing to capitalise on the growing demand for hotel rooms in India as consumer spending on branded hotels increases. The company plans to list its subsidiary, Fleur Hotels, in the next two years to decrease debt and is considering alliances with international hotel chains. Lemon Tree currently has 112 hotels and is developing an additional 86 properties. The company reported a 24% increase in consolidated revenue for Q2 2019, and a 34% increase in net profit. Founder Patanjali G Keswani believes there is ample opportunity for growth in India's hotel industry, particularly in smaller, unbranded hotels.
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