SHANGHAI, May 14, 2015 /PRNewswire/ -- Carlson Rezidor Hotel Group, one of the largest and most dynamic hotel companies in the world,(Carlson Rezidor Hotel Group)today announced at the China Hotels Investment Conference (CHIC) that it plans to more than triple the number of its hotels in China over the next four years, surpassing 50 properties.
"We have been operating in the Chinese market for over 20 years, and our continuously expanding footprint is an integral part of our Asia-Pacific growth strategy. In addition to targeting over 50 hotels in operation in China by 2019, we are actively broadening our business and further developing our channels in the Chinese market to establish a more solid growth trajectory," said Thorsten Kirschke, president of Carlson Rezidor Hotel Group Asia Pacific.
Carlson Rezidor has achieved strong development in China’s key markets and second-tier cities, including 14 currently operating hotels and a growing pipeline. The company plans to expand in first-tier cities in China, strengthen its focus on emerging markets, and has launched two new brands: the luxury brand Quorvus Collection, and the upscale, select-service lifestyle brand Radisson Red, targeting a new generation of travelers.
Quorvus Collection is a handpicked portfolio of luxury hotels, inspired by the lifestyles and emotional needs of today’s global travelers. Current properties in the collection include G&V Royal Mile Hotel Edinburgh, The Symphony Style Hotel Kuwait, and the upcoming The May Fair London.
Radisson Red is an innovative hotel concept inspired by technology, design, art, music, and fashion, aiming to deliver a unique, interactive, and personalized guest experience. With its flexible design approach and efficient space planning, Radisson Red can offer owners lower construction and operational costs compared to traditional full-service hotels.
With the launch of Radisson Red, Carlson Rezidor aims to attract China’s younger generation of travelers aged 25–34, who are expected to account for over one-third of all Chinese outbound tourists by 2019[1].Carlson Rezidor signed its first Radisson Red property in late 2014 – the Radisson Red Shenyang Hunnan, which is expected to open in 2016.
In addition, Carlson Rezidor is proud to introduce the Park Inn by Radisson brand in China, having signed the Park Inn by Radisson Libo in Guizhou Province. The 200-room property is located at the entrance of the Xiaoqikong Scenic Area, adjacent to the Daqikong Scenic Area, with the latter being part of the UNESCO World Heritage Site South China Karst. The newly built Park Inn by Radisson Libo is owned by Libo Shanshui Investment Co., Ltd., and is scheduled to open in the second quarter of 2016.® by Radisson) brand in China, having signed the Park Inn by Radisson Libo in Guizhou Province. The 200-room property is located at the entrance of the Xiaoqikong Scenic Area, adjacent to the Daqikong Scenic Area, with the latter being part of the UNESCO World Heritage Site South China Karst. The newly built Park Inn by Radisson Libo is owned by Libo Shanshui Investment Co., Ltd., and is scheduled to open in the second quarter of 2016.
Carlson Rezidor Hotel Group currently operates hotel brands in China including Radisson Blu® and Park Plaza® , with properties in major cities such as Beijing and Shanghai, as well as second-tier cities including Chongqing, Kashgar, Liuzhou, Tianjin, and Wuxi. Of these, 14 are in operation and 28 are under development. The group is also exploring development opportunities in emerging cities such as Dalian, Nanjing, Sanya, Shenzhen, Xiamen, and Xi'an. For more information and development opportunities, please visit www.carlsonrezidor.com.
[1]Source:2015Year3Month11Day Bank of America Merrill Lynch, via Bloomberg News, article titled‘Chinese Tourists are Headed Your Way with $264 Billion’("China's Travelers Present a $ Billion Opportunity")2640Billion Opportunity")
Radisson Red exterior view
Radisson Red arrival area