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Radisson Hotel Group plans to expand its India portfolio to 500 hotels by 2030, which is expected to generate between 65,000 and 80,000 jobs. The company currently operates over 200 properties and intends to drive growth primarily through upscale formats across tier I to IV cities, along with resorts and spiritual destinations. Around 55 per cent of upcoming projects will be in metro markets. The group is also focusing on skill development through institutional partnerships. While global geopolitical tensions have affected occupancy in certain regions, the India pipeline remains unchanged.
Radisson Hotel Group is targeting an expansion to 500 hotels in India by 2030, with the planned growth expected to generate between 65,000 and 80,000 employment opportunities, a senior company executive said earlier this week in Mumbai, outlining the group’s long-term strategy for one of its key global markets. Advertisement
The hospitality chain currently operates more than 200 properties in India and considers the country among its top three markets globally. The expansion pipeline includes both operational and under-construction assets, with a focus on scaling presence across multiple city tiers and tourism segments.
Elie Younes, executive vice president and global chief development officer at the company, indicated that a significant portion of future growth would be driven by the Radisson brand within the upscale segment. The portfolio mix is expected to include hotels across tier I, II, III and IV cities, alongside developments in resort locations and spiritual destinations.
The company expects approximately 55 per cent of upcoming projects to be located in tier I cities, with 25 per cent in tier II and III markets. Around 10 per cent of developments are planned in resort destinations and another 10 per cent in locations associated with religious tourism.
In terms of asset mix, the company indicated that only a limited proportion of the planned portfolio would comprise five-star properties. Around 15 per cent of the total portfolio is expected to fall within the five-star category, while 45–50 per cent will be positioned as upscale three-star and four-star hotels, reflecting stronger investment viability in smaller markets.
The company is also investing in workforce development to support its expansion. It is working through its Radisson Academy platform and has partnered with JobPlus, the Tourism and Hospitality Skill Council, universities and government bodies to build a local talent pipeline. The focus remains on developing long-term career opportunities aligned with operational growth.
On global market conditions, the company indicated that its India operations continue without disruption, although it is monitoring geopolitical developments. It maintained a cautious outlook, stating that current expectations are based on the assumption that there will be no further escalation in ongoing conflicts before the peak travel season.
While certain international markets, particularly in parts of the Gulf such as Dubai and Saudi Arabia, have experienced lower occupancy levels due to ongoing tensions, the company expects these markets to recover once conditions stabilise.
In terms of development strategy, the company indicated a preference for brownfield projects due to faster execution timelines, as existing infrastructure enables quicker market entry. However, it noted that such projects can involve structural modifications, whereas greenfield developments offer greater flexibility in design and planning.
The company stated that it does not anticipate any slowdown in its India expansion pipeline and expects the current year to remain strong in terms of new project additions and development activity.
Source - PTI
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