Articles tagged “radisson”

Radisson Hotel Group plans to open a new hotel in India every 20 days, aiming for widespread presence including religious destinations, with 180 hotels and 13,700 rooms in operation and in the pipeline.

We are tracking the Indian hotel industry's strong performance in the first quarter, and the momentum is expected to continue. Also interesting: Smaller cities continue to get a lion's share of new developments.

The TBO Tek shares made a strong debut on the Indian stock exchanges. This indicates a positive investor sentiment towards the travel and tourism segment.

Religious tourism is booming in India and hospitality companies are now catching up to cater to this demand.

While there are several co-branded credit cards offered by airlines and hotels, banks releasing travel-focused core credit cards indicates a shift in consumer preference and the rising popularity of travel credit cards in India.

Travel and tourism industry accounted for around 6% of India's GDP in 2022. The country has therefore been focusing on boosting tourism.

A major player in India’s tier-1 markets, Radisson isn't neglecting the potential of tier 2 and tier 3 cities in the country. The hotel group is strategically expanding across various market tiers, maintaining a balanced approach.

Until recently, travel was seen as a luxury and once-a-year activity by Indians. International trips were even more infrequent. The new generation of Indian travelers is changing that.

The “I do” in Indian weddings is a multi-million-dollar extravaganza that will make your head spin faster than the bride and groom during their eleventh outfit change.

As the Indian traveler drives demand to lesser explored domestic destinations, major brands are finding opportunities to grow in the Indian hinterlands.