Radisson targets 150 Indian Park Inns with new strategic alliance
Radisson Hotel Group has entered into a strategic alliance with Indian company Ruptub Solutions Private Limited to launch its new midscale brand, Park Inn & Suites by Radisson, in the country.
The group is looking to double its presence in India with nearly 150 hotels and resorts to be added by 2025.
Ruptub operates a nationwide chain of over 1,000 properties in over 120 cities across India under the “Treebo” brand. Launched in 2015, the company is backed by renowned investors such as Matrix Partners India, Elevation Capital and Ward Ferry Management, among others.
The partnership will identify and convert rapid commercialization opportunities targeting the development of a network of 150 Park Inn & Suites by Radisson hotels over the next decade. Both entities will channel their respective strengths in asset management, technology, business development and access to global distribution and sales systems to create value-driven experiences for customers and owners.
Tailor-made for the Indian market and adding to the diversity of the group’s brand offering in the country, the Park Inn & Suites by Radisson sites will be designed to offer warm and heartfelt hospitality in a modern setting. and familiar.
The essence of the brand is based on “inviting modern comfort” to ensure that customers feel welcome, valued and cared for. With an average size of 50 to 70 keys, these hotels will be equipped with social areas, a reception area, a fitness center, services like free Wi-Fi and breakfast options. -signature lunch to provide a holistic experience for guests.
Indian growth strategy
Backed by large-scale expansion, Park Inn & Suites by Radisson is tailored to fuel Radisson Hotel Group’s next phase of growth in Tier Two through Five markets with a focus on maximizing value for its stakeholders . The development of these locations and strategic centers remains at the heart of its growth strategy in India.
The group has more than 150 Indian hotels in operation and under development at more than 60 sites. It continues to be the largest hotel operator in tier 1 markets like Delhi NCR and at the same time more than 50% of its portfolio is in tier 2 and 3 markets where it has benefited from being the first actor. It expects nearly 50% of business conversions in the future to be driven by these markets and has delivered on this vision by opening hotels under multiple brands in places like Katra, Surat, Nashik, Bhopal and Jammu. . Park Inn sites under development include the upcoming Park Inn by Radisson Jabalpur, delivering 115 keys in Q1 2023; the 80-room Park Inn by Radisson Vellore which will arrive in the fourth quarter of 2023; and Park Inn by Radisson Prayagraj, a 100-key site completed in Q4 2025.
Search for partners
Going forward, the group intends to catalyze the Park Inn & Suites by Radisson brand through master franchise, collaboration and brand development agreements with high quality hotel development partners.
Ramzy Fenianos, Business Development Manager, Asia Pacific, said, “India is one of Radisson Hotel Group’s largest strategic markets. The launch of the Park Inn & Suites by Radisson brand in the country is in line with our growth strategy in Asia-Pacific. The brand will provide midscale hotels in India with an opportunity to enhance their visibility, build guest trust and access a wider audience through our multiple distribution channels and global sales structure. We are fully committed to providing quality experiences for our domestic and international customers in all regions of the country, from major metros to upcoming destinations in Tier Two through Five cities.
Indigenous brand architecture
Zubin Saxena, Managing Director and Vice President of Operations, South Asia, Radisson Hotel Group, said, “We are delighted to announce the launch of Park Inn & Suites by Radisson in India. With over two decades of operations in India, the launch of this brand into the market marks new opportunities for the group as we continue to expand and strengthen our footprint across the country. We have dedicated all our efforts to developing an indigenous brand architecture that will unlock economies of scale for the group. We are delighted to have Ruptub Solutions as a trusted partner. This partnership is a timely and critical step towards our brand building journey and responds to the growing demand of the discerning Indian traveler for high quality accommodation.
Sidharth Gupta, Founder and Director of Ruptub Solutions Pvt Ltd added, “Partnering with Radisson Hotel Group is a truly rewarding experience for us as it continues to be one of the strongest hospitality players in the world. With this partnership, we collectively aim to leverage the group’s hotel expertise combined with our technology offerings and broad market presence, particularly in Tier Two to Five destinations, to chart a strong and sustainable path for brand growth. Over the past few months, while crafting this partnership, we’ve resonated with the band “Yes, I can!” mindset and see deep synergies between the two entities. The coming years will be a game-changer for the Indian hospitality industry as we collaborate to launch hotels under the Park Inn & Suites by Radisson brand across the country.