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.
New Deals
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.