Radisson Hotel Group, a global hospitality leader, is amplifying its presence in the Middle East with 30 properties and over 5,100 keys currently in development, as regional tourism remains robust. "The Middle East continues to be a pivotal focus area with nearly 90 hotels either operational or under construction. We extend our gratitude to our partners and owners for their unwavering confidence in our 10 distinctive brands, and we eagerly anticipate strengthening our partnerships and making a meaningful impact within the communities we serve," stated Elie Younes, Executive Vice President and Global Chief Development Officer at Radisson Hotel Group.
The Middle East's tourism sector has shown steady growth post-pandemic. However, rising tensions between Israel and Lebanon could pose challenges to the region's tourism and hospitality industries. Radisson currently operates 58 hotels, resorts, and serviced apartments in the region, totaling 12,704 keys. So far in 2024, the group has launched and signed agreements for 10 new hotels and serviced apartments, adding 1,500 keys across the region, thereby solidifying its footprint in the Middle East.
Radisson also plans to debut its art’otel brand and Prize by Radisson in collaboration with strategic investors. art’otel is an arts-inspired concept, featuring the works of a signature artist in each property, serving as both a haven for travelers and a dynamic social hub for local communities. Through strategic partnerships with leading investors, Radisson aims to expedite the roll-out of this lifestyle brand in major cities.
In the first half of 2024, the Group experienced significant global expansion, with over 130 new signings and openings across key markets in Europe, the Middle East and Africa, and Asia-Pacific. The hotelier has partnered with investors in Al Ahsa, Hail, Madinah, and is set to open a third Radisson Collection property in Riyadh. With 29 hotels operational and 17 under development, Radisson is actively working towards its goal of operating 100 hotels in Saudi Arabia by 2030, positioning itself as a major player in the Kingdom’s expanding tourism and hospitality sector while supporting economic diversification and job creation. Additional signings and openings across the GCC are expected to be announced soon.
