Mergers & Acquisitions

Radisson Hotel Group to open 130 hotels in Africa by 2022

Opportunity India Desk
Opportunity India Desk Feb 08, 2019 - 1 min read
Radisson Hotel Group to open 130 hotels in Africa by 2022 image
The group eyes opening five more hotels this year in Algeria, Casablanca in Morocco, Guinea’s capital Conakry, Niger’s Niamey and Nairobi in Kenya.

Radisson Hotel Group is planning to operate 130 hotels in Africa by 2022, up from 50 this year.

The group eyes opening five more hotels this year in Algeria, Casablanca in Morocco, Guinea’s capital Conakry, Niger’s Niamey and Nairobi in Kenya.

Ramsay Rankoussi, Vice President, Development, Middle East, Turkey & French Speaking Africa, said, "I am thrilled to be expanding my geographical focus, to include French-speaking Africa. We have ambitious plans for this important market and it is imperative that we have the right resources in place to support our growth. This means communicating effectively with owners and investors, as well as providing first-class levels of expertise as we establish long-term relationships with our business partners in this market. We are proud that each of our development team members fits this criterion for success."

"We are rapidly growing our Francophone Africa portfolio with hotel deals strategically aligned to deliver our five-year development plan across the continent, the introduction of new brands and a scaled growth in Africa’s key destinations. We plan to continue this accelerated growth through further expansion in our focus markets across this flourishing continent. With our new brand architecture, countries like Morocco, Senegal, Ivory Coast, Cameroon and Mauritius have the potential for a critical mass strategy across all our brands to be implemented with," Rankoussi added.

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