Hospitality Industry

Radisson Hotel Group has outlined an ambitious expansion strategy for India, projecting the creation of approximately 65,000–80,000 job opportunities as it aims to establish 500 properties across the country by 2030. Elie Younes, Executive Vice President and Global Chief Development Officer, described India as one of the group’s top three global markets. He noted that the planned growth—covering both operational and under-construction hotels—will not only expand the brand’s footprint but also open up significant employment and skill development opportunities. To support this growth, the hospitality major is investing in talent development through initiatives such as its Radisson Academy, alongside collaborations with the Tourism and Hospitality Skill Council, JobPlus, universities, and government bodies. The focus, Younes emphasized, is on building long-term careers while promoting local hiring. Currently operating over 200 properties in India, the group plans to drive expansion primarily through its upscale segment, with a strong presence across tier I, II, III, and IV cities, as well as resorts and spiritual destinations. Only about 15% of the planned portfolio will be five-star hotels, while nearly half will fall within the three- and four-star upscale categories, reflecting stronger investment viability in emerging markets. Geographically, around 55% of upcoming projects are expected in tier I cities, followed by 25% in tier II and III locations, with the remaining split between resorts and spiritual hubs. Addressing global uncertainties, Younes said operations in India remain stable despite the ongoing West Asia conflict, with cautious optimism for continued growth provided the situation does not escalate further. While some Gulf markets such as Dubai and Saudi Arabia have seen temporary dips in hotel occupancy, he expressed confidence in their recovery once conditions stabilize. The group also highlighted its preference for brownfield developments, citing faster market entry due to existing infrastructure, though greenfield projects remain attractive for their design flexibility. Source: PTI