W Hospitality names Radisson Blu Africa's fastest growing hotel
"We are thrilled to see our flagship brand, Radisson Blu continuing to lead the way in Africa with the most hotel deals signed and the most hotel rooms under construction. This is a true testament of our agility as a hotel group. As referenced in the report, we had several hotels which were signed and opened within the same year. This is aligned with our development strategy, as we expect our future growth to arise from existing hotel take-overs and new build hotels," says Andrew Mclachlan, senior vice president, development, sub-Saharan Africa, Radisson Hotel Group.
This growth has spiked Radisson Hotel Group’s portfolio in Africa to 99 hotels (20,500+ rooms) in operation and under development across 32 countries.
"We aim to add a further 12 hotels to our African portfolio this year, which will take us well over the 100 hotel mark by year-end and confidently on our way to securing 130 hotels by the end of 2022.
"Our five-year development strategy focuses on creating scaled hotel growth in key cities and resort locations across Africa. With a focus on scaled growth in key locations across Africa, we can offer guests multiple hotels across different brands and market segments, at various price points and improved local hotel performance with strong local procurement and cluster select services in the same city."
"Cape Town, Johannesburg and Lagos are our three gateway cities in sub-Saharan Africa where we aim to have scaled growth. Dakar, Abidjan, Douala, Luanda, Nairobi, Dar es Salaam and Addis Ababa are cities where we aim to have between three and five hotels due to the size of the economy, market, long-term fundamentals and supply and demand opportunities. In addition, we are not ignoring the smaller cities and larger towns across Africa where we’ve identified potential to penetrate the market with either our midscale Park Inn by Radisson brand or upscale Radisson," concludes Mclachlan.
