Radisson Hotel Group

Overview

Radisson

trade name	Radisson Hotel Group
former name	Radisson Hospitality, Inc. Carlson Hotels, Inc.
type	Private
industry	Hospitality
founded	1962
hq location city	Brussels
hq location country	Belgium‡R1R‡
num locations	Over 1,340 hotels in operation and under development in over 100 countries‡R2R‡
num locations year	2024
key people	Federico J. González Tejera‡R3R‡ (CEO) Sergio Amodeo ‡R3R‡ (CFO) Chema Basterrechea‡R3R‡ (COO & EVP)
brands	Radisson Collection Radisson Blu Radisson Radisson Red Radisson Individuals Park Plaza Hotels & Resorts Park Inn by Radisson Prize by Radisson art’otel
owner	Aplite Holdings AB (a consortium led by Jin Jiang of China)
subsid	Radisson Hospitality AB Radisson Hospitality Inc. and others
website	radissonhotelgroup.com

Radisson Hospitality Belgium SRL/BV,[4] trading as Radisson Hotel Group (RHG), is an international hospitality company headquartered in Brussels, Belgium.[5]

Radisson Hotel Group is one of two successor companies to the former global hotel group of the same name, which was split in 2022. The Brussels-based entity owns and operates hotel brands in Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) region. The other entity, Radisson Hotels Americas, which includes the portfolio of hotels in North, Central, and South America, was acquired by Choice Hotels and now operates as a separate company under the Choice Hotels umbrella.[6][7]

The company originated as the hotel division of Carlson Companies. In 2016, Carlson sold the group to Chinese conglomerate HNA Group. In 2018, HNA Group resold Radisson to a consortium led by

History

Predecessors

Curt Carlson, founder of the namesake company, bought the Radisson Hotel in downtown Minneapolis in 1962.[9][10] Over the next few decades, the hotel division of Carlson expanded into one of the world's largest hotel corporations.[11] In addition to Radisson Hotels, the division owned several other brands, such as Park Inn, Park Plaza (acquired in 2000), and Country Inns & Suites (founded by Carlson in 1986).

In 1994, the division expanded into the Europe, the Middle East and Africa (EMEA) market by signing a franchise agreement with SAS Group's SAS International Hotels (SIH). This agreement led to the creation of the co-brand Radisson SAS, which was rebranded as Radisson Blu in 2009. The European partner, which eventually became the Rezidor Hotel Group, grew significantly and became a publicly listed company in 2006. Carlson became the parent company of Rezidor in 2010.

Carlson Rezidor Hotel Group

From January 2012, the combined global operations were marketed as the Carlson Rezidor Hotel Group. The group introduced new brands, including Quorvus Collection and Radisson Red, in 2014.[12]

In April 2016, Carlson Companies sold the Carlson Rezidor Hotel Group to HNA Tourism Group, a division of the Chinese conglomerate HNA Group.[13]

Radisson Hotel Group and 2022 Split

In 2018, the group was rebranded to its current name, Radisson Hotel Group. Later that year, HNA Group sold the company to Aplite Holdings AB, a consortium led by the Chinese state-owned company Jin Jiang International.[8]

In June 2022, Radisson Hotel Group announced the sale of its entire Americas division to Choice Hotels for $675 million. The deal, which closed on August 11, 2022, included the Radisson brand rights and all hotel operations in the United States, Canada, Latin America, and the Caribbean.[7] This transaction effectively split the company into two separate entities. Following the sale, Radisson Hotel Group (Brussels) and Radisson Hotels Americas (Choice Hotels) became two fully independent companies with distinct corporate structures, loyalty programs, and regional operations, though they share a common brand heritage.

Radisson Hotel Group

History

Predecessors

Carlson Rezidor Hotel Group

Radisson Hotel Group and 2022 Split

Brands

Divested Brands

Country Inn & Suites by Radisson

Country Inn & Suites by Radisson

See also

External links

References