Page 6 - Radisson Collection News Today

Group owns Four Seasons Cairo, Kempinski Nile Hotel Cairo, Four Seasons Sharm El Sheikh

ADQ, an Abu Dhabi-based investment and holding company, and

Abu Dhabi group ADQ has joined hands with Adnec to acquire a strategic 40.5% stake in Icon Group, the hospitality arm of Egypt-based Talaat Moustafa Group through a capital increase. The Icon owns 3 Four Season properties as well as a Kempinski hotel.

Acquisition of landmark Central London hotel portfolio LONDON, Jan. 12, 2024 /PRNewswire/ -- Starwood Capital Group , a global private investment firm with a primary focus on real estate, announced...

ADQ and ADNEC will invest through a special purpose vehicle, with 49 per cent equity ownership owned by ADQ and 51 per cent by ADNEC

Article - Starwood Capital Acquires Central London Hotel Portfolio of 10 Hotels - Starwood Capital Group announced today that a controlled affiliate has acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market transaction.

Radisson Hotel Group wrapped up 2023 with exceptional growth, adding over 30,000 keys to its international portfolio of 10 leading brands through openings and signings. The Group has grown its business by nearly 50% since the launch of its transformation plan in 2018.

Article - Radisson Hotel Group Added over 30,000 Keys in 2023 - In 2023, Radisson Hotel Group celebrated a new company record by adding the largest number of keys to its portfolio, amounting to over 30,000 keys through openings and signings. The Groups flagship Radisson Blu brand continued to be Europes largest upper upscale brand for the 12th consecutive year.

Radisson Hotel Group, Chief Development Officer, APAC, Ramzy Fenianos, spoke exclusively to HM about the group’s SEAP strategy.

K.B. Kachru, Chairman Emeritus & Principal Advisor, Radisson Hotel Group, South Asia, highlights the prominence of domestic tourism, driven by heightened interest in exploring one's own country, supported by government initiatives and further boosted by India hosting the G20 presidency and the ICC Men’s World Cup 2023