Radisson Hotel Group

Assets

The Radisson Hotel Group portfolio for 2021 includes the following brands:

• Radisson Collection,
• Radisson Blu,
• Radisson,
• Radisson RED,
• Park Plaza,
• Park Inn by Radisson,
• Country Inn and Suites by Radisson.

The group also manages the Radisson Rewards loyalty program and the Radisson Meetings events and meetings program.

History

2021: Plan to open 19 new hotels in Spain

In April 2021, it became known that the Radisson hotel group wants to expand its field of activity in Spain. The plans of the network controlled by the Chinese entrepreneur Jin Jiang - in just five years to multiply the number of institutions in the country by five times. In particular, he wants 25 hotels to be opened in 2025, compared with six that are currently located in Madrid, Seville and Gran Canaria. The company plans to open a hotel in Seville and another in Bilbao during this year, while in 2022 it wants to open another in the capital. A city that has become strategic for the group.

The company has already opened new offices in Madrid, of which it will coordinate the work of several departments around the world, including revenue management, human resources, new technologies and the procurement department. The location of the new headquarters is due to the analysis of several scenarios in Europe (in particular, a total of 11 cities) and taking into account variables such as quality of life and cost of living, real estate and infrastructure.

"To make this decision, we conducted an exhaustive analysis led by EY consulting firm. We reviewed 11 European cities, analyzing various indicators, such as quality indicators, such as talent availability, communication, infrastructure, quality of life... and quantitative indicators such as cost of living, real estate or fare. As a result of this analysis, Madrid came out on top compared to other European cities, "said Inigo Capell, executive vice president of Radisson. Since this decision was made in 2019, 170 workers have moved to Madrid, with a goal of reaching 300 people by the end of the financial year.

2020: Accor and Radisson Hotel began renting out rooms in Moscow for work at a remote location

As it became known on October 22, 2020, Accor and Radisson Hotel began to rent rooms in Russia for work at a remote location. In the conditions of the coronavirus pandemic COVID-19, hotels are forced to look for new sources of earnings. More details here.

2018: Renaming to Radisson Hotel Group

On March 5, 2018, Carlson Rezidor Hotel Group announced a rebranding to Radisson Hotel Group. The company's new corporate strategy involves combining its managed brands around the main one - Radisson.

2016: Chinese HNA Group acquires Carlson Hotels and 51.3% stake in Rezidor

In December 2016, the Chinese company HNA Tourism Group Co., Ltd, the base subsidiary of HNA Group, acquired Carlson Hotels, Inc. (later Radisson Hospitality, Inc.) and bought 51.3% of Rezidor's shares. In 2017, Fortune magazine placed HNA Group in 170th place in the ranking of the 500 largest companies in the world.

2014

The management company The Rezidor Hotel Group, formerly Rezidor SAS, is one of the hotel operators in the world. In 2014, the headquarters was located in Brussels, a global corporate office was opened in Moscow.

In the portfolio of the hotel operator at this time, brands such as Radisson Blu Hotels & Resorts, Park Inn Hotels. Country Inn Hotels & Suites in Europe, Asia and the Middle East. More than 320 hotels in more than 50 countries are managed.

2012: Carlson owns 51% of Rezidor

The company was formed in 2012 after the start of a strategic partnership between the American company Carlson Hotels (later - Radisson Hospitality Inc.), founded by Curtis Carlson, and the Belgian Rezidor Hotel Group (later - Radisson Hospitality AB).

In 2012, Carlson increased its stake in Rezidor to 51% of the shares.

2010: Carlson sold the Regent Hotels & Resorts brand

In 2010, Carlson sold the Regent Hotels & Resorts brand to Formosa International Hotels Corporation, which allowed it to focus on developing its own brands.

2006: Rezidor places shares on the stock exchange

Rezidor shares have been listed on the Nasdaq Sweden stock exchange since 2006.

Carlson acquired an additional stake and increased its stake in the company to 35%.

2005: Carlson acquired a 25% stake in The Rezidor Hotel Group

In 2005, Carlson acquired a 25% stake in The Rezidor Hotel Group.

2000: Carlson acquired Park Plaza and Park Inn brands

In 2000, Carlson acquired the Park Plaza and Park Inn brands.

1996: Carlson acquires Regent Hotels & Resorts

In 1996, Carlson acquired Regent Hotels & Resorts, which allowed it to enter the premium hotel segment.

1995: Expansion to Asia

In the 1990s, Radisson Hotel Asia (RHA), Carlson's division for work in the Asia-Pacific region, was founded in Singapore. Soon, regional offices were opened in Delhi (India) and Shanghai (PRC). The first Radisson brand hotels in China and India - Radisson Blu Hotel Beijing and Radisson Blu Plaza Delhi Airport - were opened in 1995 and 1998, respectively.

1994: SAS International Hotels receives a franchise to manage the Radisson brand in EMEA

In 1994, Scandinavian SAS International Hotels (later Rezidor) signed an exclusive franchise agreement with Carlson regarding the management of the Radisson brand in Europe, the Middle East and Africa. This led to the emergence of the first joint brand Radisson SAS.

1991: Network launch in Britain

In 1991, an agreement was signed with the operator of 4- and 5-star hotels in the UK Edwardian Hotels of London, which allowed to increase the Radisson hotel chain by 9 units.

1962: Karlsson acquires a stake in the first hotel

In 1962, American entrepreneur Curtis Carlson acquired a stake in his first hotel in Minneapolis, named after French traveler Pierre-Esprey Radisson. Two years later, he gained full control of this hotel.