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Radisson Hotel Group is doubling down on India as one of its fastest-growing markets worldwide. With business and leisure travel rebounding sharply, the hospitality major now aims to expand its footprint to 500 hotels by 2030 — more than doubling its current presence.
Radisson Hotel Group says India has emerged as a key pillar of its global growth strategy, fuelled by a surge in domestic travel and rising demand for both business and leisure stays.
“We are in a great space. India is moving, and moving quickly,” said KB Kachru, Chairman of South Asia at Radisson Hotel Group, in an interview with CNBC-TV18. “We have seen huge growth post-COVID-19. We already have 212 hotels in operation and under development. Our ambition is — and we are working towards it — to have 500 hotels by 2030.”
India currently ranks among Radisson’s top-performing markets globally. The company has been opening close to two new hotels every month, supported by growing infrastructure, improving connectivity, and a post-pandemic rise in travel sentiment.
The group’s strategy blends speed with scale, expanding across both major cities and emerging destinations. “Demand is strong across business and leisure markets,” Kachru said. “Occupancy levels are hovering near 70%, and we expect winter bookings to rise between 5% and 9% year-on-year.”
A key driver of this demand has been the wedding and MICE (Meetings, Incentives, Conferences, and Exhibitions) segment — areas where India’s hospitality industry has seen steady momentum. “There’s a huge focus on the wedding market and MICE, and with the government establishing large convention centres, that will help hotels in a big way,” Kachru added.
To sustain this growth, Radisson is following an asset-light model, partnering with institutional funds and high-net-worth individuals (HNIs) to accelerate expansion. This approach has enabled the company to scale quickly while maintaining financial flexibility.
Recently, Radisson signed a 340-room Radisson Collection in Navi Mumbai, expanding its luxury portfolio. The group also continues to deepen ties with Indian partners who already operate multiple hotels under its brands — including a 300-room property in Karjat.
With India’s travel boom showing no signs of slowing, Radisson’s aggressive expansion plan positions it to capture a significant share of the country’s evolving hospitality landscape.
Radisson Hotel Group says India has emerged as a key pillar of its global growth strategy, fuelled by a surge in domestic travel and rising demand for both business and leisure stays.
“We are in a great space. India is moving, and moving quickly,” said KB Kachru, Chairman of South Asia at Radisson Hotel Group, in an interview with CNBC-TV18. “We have seen huge growth post-COVID-19. We already have 212 hotels in operation and under development. Our ambition is — and we are working towards it — to have 500 hotels by 2030.”
India currently ranks among Radisson’s top-performing markets globally. The company has been opening close to two new hotels every month, supported by growing infrastructure, improving connectivity, and a post-pandemic rise in travel sentiment.
The group’s strategy blends speed with scale, expanding across both major cities and emerging destinations. “Demand is strong across business and leisure markets,” Kachru said. “Occupancy levels are hovering near 70%, and we expect winter bookings to rise between 5% and 9% year-on-year.”
A key driver of this demand has been the wedding and MICE (Meetings, Incentives, Conferences, and Exhibitions) segment — areas where India’s hospitality industry has seen steady momentum. “There’s a huge focus on the wedding market and MICE, and with the government establishing large convention centres, that will help hotels in a big way,” Kachru added.
To sustain this growth, Radisson is following an asset-light model, partnering with institutional funds and high-net-worth individuals (HNIs) to accelerate expansion. This approach has enabled the company to scale quickly while maintaining financial flexibility.
Recently, Radisson signed a 340-room Radisson Collection in Navi Mumbai, expanding its luxury portfolio. The group also continues to deepen ties with Indian partners who already operate multiple hotels under its brands — including a 300-room property in Karjat.
With India’s travel boom showing no signs of slowing, Radisson’s aggressive expansion plan positions it to capture a significant share of the country’s evolving hospitality landscape.
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