Radisson Hotel Group plans to add 150 hotels in Asia-Pacific this year as it banks on travel, tourism, and economic recovery in the region, its CEO said on Thursday. READ:
April 21, 2022 | 2:03 pmMANILA – Radisson Hotel Group plans to add 150 hotels in Asia-Pacific this year as it banks on travel, tourism, and economic recovery in the region, its CEO said on Thursday.
“Overall, Asia plays a significant role in our business plans because of the significant presence that we can build in the future,” Radisson CEO Federico Gonzalez told reporters. Radisson sees its China and India portfolios increasing to 1,000 and 200 hotels, respectively, by 2025, Gonzalez said, adding that around 150 deals will be signed this year. But China’s stringent lockdown measures could impact the completion of new hotels, he said.
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