Radisson Hotel Group Expands African Portfolio with Seven New Hotels
RADISSON AFRICAN PORTFOLIO IS GOING TO EXPAND WITH SEVEN NEW HOTELS, INCLUDING A DEBUT IN TANZANIA, ENHANCING ITS PORTFOLIO TO NEARLY 100 HOTELS.
Radisson Hotel Group announced the addition of seven new hotels to its African portfolio. This expansion will add over 1,200 rooms and marks the Group’s debut in Tanzania in the first half of 2024. With these additions, Radisson’s presence in Africa will reach nearly 100 hotels in operation and development. The Group aims to grow to 150 hotels in the next five years.
Radisson African Portfolio Expansion: Prime Regions
Here are the countries where Radisson Expanding its African Portfolio
Tanzania: A Key Market for Radisson
Radisson identified Tanzania as a critical market for expansion. The Group signed two new hotels in Tanzania, enhancing its diverse African portfolio, which spans 30 countries. This move strengthens Radisson’s position as the hotel company with the largest market presence in Africa.
Growth in Nigeria
In Nigeria, Radisson continues to lead African portfolio with 13 hotels in operation and development. This includes five new hotels signed in 2023. The new Radisson RED Hotel Abuja boosts the Group’s presence in the city, bringing the total number of hotels under development in Abuja to four.
Expanding in Morocco
Radisson’s expansion in Morocco is also noteworthy. The Group has grown from one hotel in 2020 to over nine in operation and four in development. The new Radisson Blu Hotel & Apartments Casablanca Finance City and Radisson RED Hotel Casablanca Finance City reflect Radisson’s ambition to reach over 25 hotels by 2030 in Morocco.
New Hotel Signings Across Africa
Radisson’s six new hotel signings include the Radisson Blu Hotel & Apartments in Dar es Salaam, Tanzania. This 138-room hotel, opening in 2025, will be part of a mixed-use development in the CBD. It will offer various dining facilities, retail stores, a gym, and meeting rooms.
Another significant addition is the Radisson Hotel Mwanza in Tanzania. This 196-room hotel, opening in 2025, will be the only branded hotel in Mwanza. It will feature several dining options, wellness facilities, and extensive meeting spaces.
In Morocco, the new Radisson Blu Hotel & Apartments Casablanca Finance City and Radisson RED Casablanca Finance City will add 381 rooms. Set to open in late 2027, these hotels will be located in Casa Anfa, Casablanca’s financial hub. They will offer dining, wellness facilities, and extensive meeting spaces.
Expansion in Tunisia and Nigeria
Radisson Blu Hotel & Conference Center in Tunis, Tunisia, will debut the Radisson Blu brand in the city. This 305-room hotel will feature multiple dining outlets and the largest conference center in Tunis.
The Radisson RED Abuja in Nigeria is another new addition. This 105-room hotel, opening in 2028, will introduce the Radisson RED brand to Abuja. It will offer dining facilities, meeting spaces, and a fitness center.
New Hotel in Ethiopia
The Park Inn by Radisson Addis Ababa in Ethiopia will open in 2025. This 120-room hotel will introduce the Park Inn by Radisson brand to the country. It will offer diverse dining options, meeting spaces, and wellness facilities.
A Record of Growth
Since 2022, Radisson has opened 14 hotels, including debuts in Morocco and Tunisia. The Group also launched its first safari hotel in Africa and its first resort in Livingstone. These openings have diversified Radisson’s portfolio and achieved a 15% annual net operating growth in Africa.
Ramsay Rankoussi, Vice President of Development for Africa and Turkey, said, “The seven new hotels align with our expansion strategy. They demonstrate significant growth in key African markets such as Morocco, Nigeria, Tunisia, and Ethiopia, as well as our debut in Tanzania. These hotels highlight our commitment to diversifying our portfolio by introducing new brands and cementing our presence in important markets.”
Radisson plans to continue grow its African portfolio in the second half of the year, focusing on expanding in key markets like Morocco and South Africa. The Group aims to reach 25 hotels in both countries by 2030.