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Radisson's September plan: 500 India hotels by 2030, up from 146, 60% of additions in tier-one, tier-two cities
Radisson Hotel Group has 86 more hotels under development and plans to follow an asset-light model for about 95% of its additions. Reaching the target means adding around 250 hotels over the next four years.
Operating hotels now146
Target by 2030500
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What it means for the format
Radisson plans to grow from 146 to 500 India hotels by 2030, with 60% of additions in tier-one and tier-two cities, so retail and F&B operators there should expect new hotel-driven footfall and more hospitality competition for sites.
Next on the rollout
- Under-development pipeline above the 86 properties reported, at the next annual update, would mean signings are outrunning openings and 500 by 2030 is credible.
- Operating hotel count against the 146 reported, at the next update
- Occupancy staying at or above 67% as new hotels open
- Share of new signings in tier-one and tier-two cities versus the 60% target
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Rival chains such as Marriott, Accor and IHCL may answer with their own tier-two signings and owner-friendly terms.
The source
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