CARLSON REZIDOR BOOSTS ASIA PACIFIC PORTFOLIO IN FIRST QUARTER OF 2013
New Deals and Hotel Openings In China, India, Indonesia & Philippines Add To Growth Momentum
Singapore (April 22, 2013) – Carlson Rezidor Hotel Group, one of the world’s largest and most dynamic hotel groups, kicks off the second quarter of the year with the signing of Radisson Blu Zhengzhou Huiji, China, after a strong first quarter, which saw the opening of two new hotels and the addition of three hotels to its pipeline in Asia Pacific. Another significant success is a joint venture to establish a network of 20 Radisson and Park Inn by Radisson hotels in Indonesia. As of today, Carlson Rezidor has a total of 163 hotels in operations and under development in Asia Pacific.
“Carlson Rezidor is achieving steady growth in Asia Pacific, especially in high-growth markets like China, India and Indonesia. We have opened 35 new hotels and added 48 hotels to our pipeline over the last two years. We have had a strong start in 2013 and will carry that momentum into the rest of the year. Apart from two new hotel openings in Mumbai and Davao, we are expecting to add 13 more hotels before the end of the year, bringing our operating portfolio to 101 in Asia Pacific. The joint venture agreement with Indonesia’s Panorama Group will significantly boost our portfolio growth in this region as well as accelerate our development in Indonesia, which is rapidly growing to become one of the world’s largest economies,” said Simon C. Barlow, president, Asia Pacific, Carlson Rezidor Hotel Group.
Radisson Blu Zhengzhou Huiji is a 300-key hotel in Zhengzhou, the capital of Henan province in central China. The hotel is located close to Henan Huiji Economic Development Zone, Zhengzhou Information Creative Industrial Park and has easy access to Zhengzhou International Exhibition and Convention Centre as well as Zhengzhou High and New Technology Industry Development. Owned by Zhengzhou Mao Feng Real Estate Co. Ltd., the hotel is expected to open in the fourth quarter of 2014.
Park Inn by Radisson Mohali is a 160-key hotel located close to the upcoming business hub of Chandigarh and Mohali. Park Inn by Radisson Gurgaon Sector 88 is a 200-key hotel located near the business hub of Gurgaon. These hotels are the result of the Joint Venture between Carlson Rezidor and Bestech Hospitalities Pvt Ltd (Bestech), which formed a strategic partnership in 2012 to develop 49 Park Inn by Radisson hotels in central and north India by 2024. Park Inn by Radisson Mohali and Park Inn by Radisson Gurgaon Sector 88 are expected to open in the second quarter of 2016.
Park Inn by Radisson Bhiwadi is a 100-key hotel, located in the city of Bhiwadi. Bhiwadi, an upcoming industrial town within the Delhi NCR region, is 75km from the city center of New Delhi and is also known as the gateway to Rajasthan. Owned by EOS Hospitality Pvt. Ltd, the hotel is expected to open in the fourth quarter of 2015.
In addition, Carlson Rezidor also signed a joint venture agreement in February with Indonesia’s Panorama Group to develop 20 Radisson and Park Inn by Radisson hotels in Indonesia over the next seven years. These hotels will be located in top tier Indonesian cities including Jakarta, Bali, Surabaya and Yogyakarta, as well as emerging cities such as Manado, Makassar, Palembang and Medan.
New Hotel Openings
Park Inn by Radisson Davao is a 204-room hotel in Mindanao, Philippines. The hotel is located next to SMX Convention Centre and SM Lanang Premier Mall, and is close to the airport, the city center and major tourist attractions. Owned by the SM Group, the hotel opened in March 2013. Park Inn by Radisson Davao bears the distinction of being the first Next Generation Park Inn by Radisson hotel in the region.
County Inns & Suites By Carlson Navi Mumbai is a 94-room hotel located in the commercial and business district of Mahape, in the city of Navi Mumbai, which is known as the twin city of Mumbai and which is also one of the biggest planned cities in the world. The hotel, opened in March 2013, is owned by Lotus Pond Hotel Pvt. Ltd.
About Carlson Rezidor Hotel Group
Carlson Rezidor Hotel Group is one of the world’s largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels in operation and under development, a global footprint spanning 100 countries and territories and a powerful set of global brands (Radisson Blu, Radisson®, Park Plaza®, Park Inn by Radisson, Country Inns & Suites By CarlsonSM and Hotel Missoni). In most of the group’s hotels, guests can benefit from the loyalty program Club CarlsonSM, one of the most rewarding loyalty programs in the world. Carlson Rezidor Hotel Group and its brands employ more than 80,000 people.
Carlson Rezidor Hotel Group is headquartered in Minneapolis, Minn., and Brussels, Belgium.