RADISSON - Home | TOPHOTELCONSTRUCTION...India’s hotel market will grow by 30 hotels and 4,124...

Source: www.tophotelconstruction.com

Hotel Construction Report

August 2020

RADISSON


OVERVIEW

Regions

38 Projects

9,961 Rooms

23 Projects

3,714 Rooms

58 Projects

10,619 Rooms

67 Projects

11,703 Rooms

49 Projects

9,089 Rooms6 Projects

861 Rooms


3

44%

56%

61% of all 241 hotel projects by Radisson that are currently arising around

the globe will be four-star hotels. In terms of hotel rooms the ratio of first

class to luxury hotels worldwide is 56% to 44%.

HOTEL SEGMENT

Categories

93 Projects

19,988 Rooms

148 Projects

25,959 Rooms


33 Projects

7,389 Rooms

21%

34%

14%

9%

22%

51 Projects

9,114 Rooms

81 Projects

15,780 Rooms

53 Projects

9,508 Rooms

23 Projects

4,156 Rooms

OVERVIEW

Year of Opening


PHASE

Construction

18%

30%

47%

5%

44 Projects

7,245 Rooms

112 Projects

22,030 Rooms

13 Projects

2,531 Rooms

72 Projects

14,141 Rooms


6

1. India 30 4,124

2. Saudi Arabia 16 4,694

3. China 15 3,365

4. United States of America 15 2,480

5. United Arab Emirates 8 2,811

6. Nigeria 7 1,533

7. Egypt 6 1,850

8. Germany 6 1,164

9. Georgia 6 885

10. France 6 803

While the global hospitality industry is a vibrant one, changing year to year in many

interesting ways, when it comes to the top 10 countries for hotel construction projects by

Radisson, the list is perhaps less surprising than one might think. With 30 hotel projects,

India is currently leading in terms of new hotel projects in the pipeline.

TOP 10

Countries


2 Projects

180 Rooms

2 Projects

184 Rooms

2 Projects

301 Rooms

India’s hotel market will grow by 30 hotels and 4,124 rooms, making it the busiest and

fastest-growing hotel market for Radisson.

PROJECT PIPELINE

India

83%

17%

37%

27%

16%

20%

4,12430

5 Projects

801 Rooms

25 Projects

3,323 Rooms

11 Projects

1,500 Rooms

8 Projects

1,380 Rooms

5 Projects

499 Rooms

6 Projects

745 Rooms


2 Projects

660 Rooms

3 Projects

1,591 Rooms

6 Projects

1,288 Rooms

Saudi Arabia’s hotel market is set to grow steadily in the future. 16 hotels by Radisson will

bring 4,694 new rooms to Saudi Arabia’s hospitality market in the next few years.

PROJECT PIPELINE

Saudi Arabia

50%

50%

7%

56%

6%

31%

4,69416

8 Projects

2,523 Rooms

8 Projects

2,171 Rooms

1 Projects

193 Rooms

9 Projects

2,101 Rooms

1 Projects

140 Rooms

5 Projects

2,260 Rooms


If we look to rank countries based on the number of active hotel projects by Radisson in

each, China is way out in front with 15 planned openings and 3,365 rooms.

PROJECT PIPELINE

China

67%

33%

27%

7%

20%

46%

3,36515

5 Projects

1,307 Rooms

10 Projects

2,058 Rooms

4 Projects

984 Rooms

1 Projects

151 Rooms

3 Projects

610 Rooms

7 Projects

1,620 Rooms

1 Projects

301 Rooms

2 Projects

1,920 Rooms

2 Projects

575 Rooms


10

1. Riyadh 6 1,288

2. Dubai 5 1,800

3. Tbilisi 5 780

4. Makkah 3 1,591

5. Cairo 3 835

6. Abuja 3 760

7. Queenstown 3 489

8. Addis Ababa 3 439

9. Antananarivo 3 254

10. Ras al-Khaimah 2 818

Around the world, the hospitality industry shows no signs of slowing growth. When it

comes to the top 10 cities for hotel projects by Radisson, this ranking should not come as

a surprise. With 6 hotels in the pipeline Riyadh is still a pioneer in expanding its hotel

industry strongly.

TOP 10

Cities


PROJECT PIPELINE

Riyadh

1,2886

83%

17%

5 Projects

1,095 Rooms

1 Projects

193 Rooms

Unsurprisingly, Riyadh tops the list of Radisson’s top urban growth markets with 6 new

hotels and 1,288 rooms planned for the coming years.

4 Projects

624 Rooms

2 Projects

664 Rooms

1 Projects

193 Rooms

3 Projects

792 Rooms

2 Projects

303 Rooms

17%

50%

33%

67%

33%


Dubai is also in the top 3 cities for the Radisson project pipeline. With 5 projects and

1,800 rooms to add to the portfolio, Dubai is one of the strongest cities for Radisson.

PROJECT PIPELINE

Dubai

60%

40%

1,8005

2 Projects

669 Rooms

3 Projects

1,131 Rooms

40%

60%

2 Projects

742 Rooms

3 Projects

1,058 Rooms

20%

20%

40%

20%

1 Projects

389 Rooms

1 Projects

313 Rooms

2 Projects

617 Rooms

1 Projects

481 Rooms


Tbilisi has made a name for itself in the international hospitality and tourism sector thanks

to the extreme density of luxury hotels on offer in the city.

PROJECT PIPELINE

Tbilisi

80%

20%

80%

20%

7805

1 Projects

180 Rooms

4 Projects

600 Rooms

4 Projects

680 Rooms

1 Projects

100 Rooms

20%

80%

1 Projects

100 Rooms

4 Projects

680 Rooms


14

TOP 5

Hotel Brands

74 Projects

16,689 Rooms

34 Projects

5,505 Rooms

68 Projects

12,324 Rooms

38 Projects

6,944 Rooms

19 Projects

3,299 Rooms


PROJECT PIPELINE

Radisson Blu Hotels & Resorts

16,68974

1. Europe 23 4,463

2. Africa 20 4,319

3. Asia Pacific 12 3,139

4. Middle East 11 3,337

5. North America 8 1,431

23%

35%

16%

26%

17 Projects

3,569 Rooms

26 Projects

5,608 Rooms

12 Projects

2,336 Rooms

19 Projects

5,176 Rooms

11%

31%

55%

3%

8 Projects

1,347 Rooms

23 Projects

5,688 Rooms

41 Projects

9,362 Rooms

2 Projects

292 Rooms


PROJECT PIPELINE

Radisson Hotels & Resorts

12,32468

20%

33%

28%

19%

22%

27%

44%

7%

15 Projects

2,580 Rooms

18 Projects

3,014 Rooms

30 Projects

5,319 Rooms

5 Projects

1,411 Rooms

14 Projects

2,598 Rooms

22 Projects

3,889 Rooms

19 Projects

3,509 Rooms

13 Projects

2,328 Rooms


2. Africa 13 1,795

3. Middle East 12 3,065

4. Europe 10 1,747

5. North America 6 1,139

6. South America 6 861


PROJECT PIPELINE

Radisson RED

6,94438

18%

35%

21%

26%

7 Projects

1,124 Rooms

13 Projects

2,552 Rooms

8 Projects

1,438 Rooms

10 Projects

1,830 Rooms

26%

37%

34%

3%

10 Projects

1,937 Rooms

14 Projects

2,409 Rooms

13 Projects

2,443 Rooms

1 Projects

155 Rooms

1. Europe 16 3,352


3. North America 7 944

4. Middle East 3 480

5. Africa 2 387


TOPHOTELPROJECTS GmbH

Grosse Strasse 77

27356 Rotenburg

Germany

+49 (0) 4261 4140 0

[email protected]

www.tophotelprojects.com / www.tophotelconstruction.com

RADISSON - Home | TOPHOTELCONSTRUCTION...India’s hotel market will grow by 30 hotels and 4,124...

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