Carlson Rezidor Hotel Group Announces a Strong Performance in 2015 Underscored by New Hotel Signings

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LAS VEGAS, Nev. ( February 10, 2016 – Carlson Rezidor Hotel Group reported strong 2015 results with 120 new signings, totalling nearly 20,000 rooms, marking a third consecutive year of signing increases. The company announced results at its annual Americas Business Conference this week in Las Vegas, Nev. Carlson Rezidor’s global portfolio now totals nearly 1,400 hotels in operation and under development with reported 2015 systemwide revenues of $7.3 billion, a 4.6 percent year-over-year increase.

“The great people who work in our hotels, together with our outstanding brands, delivered accelerated growth,” said David P. Berg, chief executive officer, Carlson Hospitality Group. “We made great progress last year, with 65 openings in the midst of an ever-changing industry, and we expect to keep that momentum going in 2016.”

In the Americas, the group signed 54 hotels, an increase of 35 percent year-over-year. The Americas signings equate to 7,326 rooms, the most rooms inked since 2008. Carlson Rezidor’s first signings in the U.S. and Latin America for its new, lifestyle-select brand, Radisson RED, all of which are scheduled to open in 2016, further highlighted the year’s success. The company has 13 RED hotels signed to date globally and remains on track to reach 60 hotels for the brand by 2020.

Additionally, Radisson Blu®, the company’s upper-upscale and leading European hotel brand, entered Latin America last year with its first signings. Carlson Rezidor looks to double its pipeline for Radisson Blu and Radisson RED in Latin America in 2016, while its core Radisson® brand remains strong in the region as the largest upscale brand in Brazil and a leader in Chile.

In 2015, Carlson Rezidor saw the highest number of hotel openings for the Americas since 2009, supported by strong RevPAR growth of 6 percent and record Net Promoter Scores (NPS), a critical measurement of guest satisfaction, for both its Radisson and Country Inns & Suites By CarlsonSM brands, which added hotels in key markets including Baltimore, Md.; Dallas and Houston, Texas; New Orleans, La.; San Jose, Calif., and Washington, D.C.

The group’s global pipeline remains strong with 280 hotels under development and the largest pipeline in Africa, India, Russia and Turkey. Fourteen signed projects occurred in new countries last year including Armenia, Congo, Cypress, Indonesia, Iraq (Kurdistan), Mauritius, Slovenia, Togo and Vietnam. In addition, Carlson Rezidor further strengthened its presence in key markets with openings in Bangladesh, Brazil, China, India, Philippines, Russia, Saudi Arabia, South Africa, Sweden and Turkey. It saw an addition to the Quorvus Collection portfolio, the group’s luxury brand, with the opening of the Hormuz Grand Hotel, Muscat in Oman, a highly sought after destination for leisure and business travelers.a

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