Here are the top stories from the Daily Lodging Report newsletter in the past week. Get news on hotel deals, development, stocks, and career moves. Sign up here now.
25.08.2023 - 14:03 / skift.com / Asia Pacific / Sherry Sun
As Radisson Hotels Group continues to expand internationally through its existing brands, its strategy is to focus on service quality and consistency. For Federico González, CEO of the hotel group, having nine big global brands is better than chasing a mass of weak brands.
“I think establishing a brand, it’s not only a building, it’s not only the experience,” González told Skift founder and CEO Rafat Ali in a recent interview. “It’s everything that goes together with the experience when you are there, when you are not there. It’s the consistency of the experience and being, I think, very smart in trying to define in which property, which brand would fit.”
Radisson prides itself on Scandinavian hospitality design in Europe, the Middle East and Africa (EMEA), focusing on a spirit of well-roundedness through consistent good service and design.
“Even if hotels would be different, you would have the same soul of service by the team. That is what I think created Radisson outside the U.S … that’s what made the difference,” González added.
Gonzalez comes from a consumer goods background, where he previously worked for Disneyland Paris and Proctor & Gamble. He led the NH Hotel Group before joining Radisson in 2017. In November 2018, Jin Jiang International Holdings, a Shanghai-based tourism powerhouse that manages Louvre Hotels, and SINO-CEEF, an investment fund from Shanghai, purchased a majority stake in the company. Radisson sold its Americas business to Choice Hotels International for $675 million in June 2022, but continues to manage operations in EMEA and Asia Pacific, hoping to double its portfolio by 2025.
Currently, Radisson operates 25 hotels and has 15 properties in development and holds 250 franchise agreements in China, which is viewed as a region of long-term investments. In the Middle East, Saudi Arabia holds great potential for Radisson Collection as the group continues to leverage its connections with customers, owners and the government.
Gondález spent 2017-2020 transforming key drivers of the company. “We redefined all the brands with the right experience, with the right construction cost, with the right brand inter-segmentation from luxury with Radisson Collection, Radisson Blu, Radisson RED, Park Plaza, Radisson, [and reintroduced] that,” he said. Park Inn and Prizeotel also followed and were incorporated for mid-scale.
The chain signed around 200 hotels in 2022 and launched smaller, leisure units for luxury retreats, Radisson Individual Retreats, in India. If the idea does well, it could possibly be expanded to other areas. With more demand for flexibility and reduced single-night stays, Radisson is also introducing a room conversion concept. “There is more uncertainty about how many
Here are the top stories from the Daily Lodging Report newsletter in the past week. Get news on hotel deals, development, stocks, and career moves. Sign up here now.
China’s Trip.com has struck two new partnerships, covering the UK and Asia Pacific, to give customers the opportunity to delay or spread out payments for their purchases.
Southwest’s Meltdown Should Be a Technology Warning for Airlines: Instead of heeding employee concerns, Southwest focused primarily on tech for customers, leading to a worst-case example of what can happen when modernizing operations is not a priority. May other airlines learn from Southwest’s mistake.
Cendyn, a software company that offers customer relationship management, digital marketing, and operations tools to hotels, has hired a new chief executive.
Poland’s national airline LOT has fired its CEO Rafal Milczarski, it said on Wednesday.
Mastercard Inc forecast current-quarter revenue growth short of Wall Street estimates on Thursday, saying the boost from pent-up demand for travel will diminish going forward.
Skift Megatrends Defining Travel in 2023: Here are 16 travel industry trends for the new year and beyond that we hope will help you navigate your businesses through increasingly uncertain and opportunistic times.
Both the Middle East and Europe are on track to reach their pre-pandemic levels in 2023 , according to the UN World Tourism Organization. Last year saw a stronger than expected recovery for the global tourism economy.
Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.
Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.
Good morning from Skift. It’s Tuesday, February 28. Here’s what you need to know about the business of travel today.
While the tech sector faces the blues, the travel sector is still moving in a positive direction. You can see this in the last month of earnings reports, as well as from exclusive Skift Research surveys. Although not fully recovered completely, the travel industry gained substantial momentum at the start of the year. All regions have almost recovered from the pandemic blues, Asia Pacific being the only exception. But with loosening travel restrictions and China reopening, we expect a stronger travel industry to be less uneven this year.