1 month ago
Radisson Expands Beyond Metro Cities, Targets 500 Hotels by 2030
Radisson Hotel Group wants to open more hotels in India, not just in big cities.
They plan to have 500 hotels by 2030.
They will focus on smaller towns, places with lots of religious visitors, and turning old hotels into new ones.
The boss, Nikhil Sharma, said people are buying more hotels and they are ready to open them faster.
This will help the company grow in India.
Radisson Hotel Group plans to grow beyond Indian metro cities.
India is a key growth engine for the group, aiming for 500 hotels by 2030.
Expansion strategy focuses on emerging urban hubs, regional towns, religious tourism sites, and hotel conversions.
Managing Director & COO South Asia Nikhil Sharma highlighted strong owner confidence and rising demand outside metros.
The company expects faster conversion of its hotel pipeline into operational properties over the next two years.
- Who
- Radisson Hotel Group and Managing Director & COO South Asia Nikhil Sharma
- What
- Expanding hotel operations beyond Indian metro cities to reach 500 hotels by 2030
- Where
- India
- When
- Over the next two years, with a 2030 target
- Why
- Strong owner confidence and growing demand outside traditional metros
Key facts
- Company
- Radisson Hotel Group
- Target hotels
- 500 by 2030
- Expansion focus
- Emerging urban hubs, regional towns, religious tourism destinations, hotel conversions
- Pipeline conversion speed
- Faster over next two years
- Owner confidence
- Strong
Quotes
Nikhil Sharma
Managing Director & COO, South Asia at Radisson Hotel Group
“India has emerged as one of Radisson Hotel Group's strategic global growth engines and the company remains on track to reach 500 hotels target by 2030, as it is betting on emerging urban hubs and regional towns, religious tourism destinations and hotel conversions to drive its next phase of expansion”
thehansindia.com
Sources
Related news
IHG Signs 40-Key Garner Hotel in Ahmedabad, Opening 2029
Juniper Hotels eyes acquisitions, new brand tie-ups for growth
Pride Hotels Plans Year-End IPO for Renovations, Acquisitions, Debt
ITC Hotels Plans Premium Expansion Across India and Abroad
Pride Hotels Plans ₹1,000-Crore IPO Amid Rapid Expansion
Anirudh Reddy Reimagines Hyderabad’s Marriott Hospitality Legacy for Growth
Delhi Luxury Hotels Tighten Availability Ahead of BRICS Summit
Radisson Revives Bangkok Landmark with New Hotel
Radisson Plans to Double India Hotels to 500 by 2030 Amid Travel Boom
Radisson Hotel Group Plans Eastern India Expansion, Eyes Bihar
