Radisson Hospitality AB

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Radisson Hospitality AB
(Radisson Hotel Group)

logo
legal form FROM
founding 1994
Seat Brussels , BelgiumBelgiumBelgium 
management Federico González-Tejera (CEO)
sales 961.2 million euros (2016)
Branch Hotels
Website www.radissonhospitalityab.com
As of October 1, 2019

The Radisson Hospitality AB (previously Rezidor Hotel Group) is a large internationally active hotel chain with headquarters in Brussels, Belgium. It was created in March 2018.

history

In 1994 the company was founded under the name SAS International Hotels . It had 29 houses in Europe that were brought into the company by the parent company SAS .

SAS International Hotels closed the business year 2000 with a turnover of 371 million euros in 146 hotels, owned or leased. A profit of 68 million euros was achieved. On November 1, 2000, the Malmaison brand with five hotels in Great Britain was taken over.

SAS International Hotels, renamed Rezidor SAS Hospitality on October 1, 2001 , operated 160 hotels in 38 countries under the Radisson SAS Hotels & Resorts and Malmaison brands. The hotels achieved a turnover of 379 million euros, the profit amounted to 22 million euros. As a result of the terrorist attacks on September 11, 2001 , the revenues in the big cities were more affected than in medium- sized cities , hotels with large US customers were particularly hard hit .

The group closed the first complete financial year 2002 under the new name Rezidor SAS Hospitality with an increase in turnover to 390 million euros. The number of hotels operated by the group rose to 184. In addition to its two own brands, the group signed a license agreement with Carlson Hotels Worldwide for the Regent , Country Inn and Park Inn brands, with a term of over thirty years . The two brands Country Inn and Park Inn are in the middle price segment, while the Regent brand stands for upscale hotels.

In August 2003, Rezidor announced to SAS Hospitality that it would take over the hotel brand Golden Arch Hotels , which was introduced by McDonald’s in 2001 in Switzerland . This also meant the complete withdrawal of McDonald's from the hotel market. The two hotels were incorporated into the Park Inn hotel brand. A customer loyalty program was also introduced at Rezidor SAS Hospitality.

The brand portfolio in Europe was adjusted to include the Country Inn brand in 2004. The houses operating under this brand were converted to Park Inn.

In 2005, Rezidor SAS Hospitality and the Carlson Companies announced that the Carlson Companies would acquire a 25 percent stake in the hotel business. In return, the brand licenses were extended until 2052. At the time of the announcement, Rezidor SAS Hospitality had 245 properties in 47 countries. In 2005, the customer loyalty program, at which time over 100,000 customers had a customer card, was revised and introduced under the name goldpoints plus .

After going public in 2006, the Carlson Companies increased their stake to 35 percent. With 279 hotels in 47 countries, mainly in the EMEA economic area , and 21,000 employees, the company was one of the largest hotel chains in 2006.

In March 2016 the Rezidor Hotel Group took over 49% of the economy hotel chain prizeotel founded by the hotelier Marco Nussbaum with a value of 14.7 million euros, thus announcing the entry into the economy segment. After prizeotel terminated the license agreement in April 2019, the prizeotel brand was no longer mentioned on the Radisson channels. In October 2019, however, Radisson announced that it wanted to take over prizeotel completely. The takeover was completed on January 2, 2020.

In February 2018, the group announced the renaming to Radisson Hotel Group in its external appearance to guests and customers. The customer loyalty program is run under the name Radisson Rewards (formerly Club Carlson ).

At the end of 2018, the Radisson Hotel Group was taken over by the Chinese tourism and hotel group Jin Jiang International .

Hotel brands

Current brands

The hotels operated by the Radisson Hotel Group operate under the following brands:

Former brands

Brands formerly used by the Rezidor Hotel Group for hotels were:

development

year Sales
in millions of euros 		room Hotels
1994 29
2000 371 146
2001 379 160
2002 390 184
2004 245
2005 587,046
2006 707,313 57,611 279
2012 925.7 74.006 338
2013 919.5 75,277 337
2014 937.3 76,609 340
2015 997 78,628 355
2016 961.2 80.502 363
2017 967.3 81,132 369

Web links

Commons : Rezidor Hotel Group  - Collection of pictures, videos and audio files

Individual evidence

  1. ↑ Federico González Tejera becomes the boss at Rezidor. In: General hotel and gastronomy newspaper . May 5, 2017. Retrieved November 3, 2017 .
  2. ↑ Less profit despite a growing market. In: Top hotel . March 31, 2017, accessed January 2, 2018 .
  3. ^ History & Heritage. Radisson Hotel Group, accessed September 22, 2018 .
  4. ↑ a b c d Carlson takes a stake in Rezidor SAS. In: General hotel and gastronomy newspaper . March 19, 2005, accessed October 25, 2013 .
  5. ↑ a b c d defied turbulence. In: General hotel and gastronomy newspaper . March 23, 2002, accessed October 24, 2013 .
  6. ↑ Name allows numerous associations. In: General hotel and gastronomy newspaper . October 20, 2001, accessed October 24, 2013 .
  7. ↑ a b Gained market share again in 2002. In: General hotel and gastronomy newspaper . May 10, 2003, accessed October 24, 2013 .
  8. ↑ a b Golden Arch Hotels now at Rezidor. In: General hotel and gastronomy newspaper . August 2, 2003, accessed October 25, 2013 .
  9. ↑ McDonald's keeps its hands off hotels. In: General hotel and gastronomy newspaper . September 13, 2003, accessed October 25, 2013 .
  10. ↑ a b Book now, collect points later. In: General hotel and gastronomy newspaper . June 11, 2005, accessed October 25, 2013 .
  11. ↑ Country Inn becomes Park Inn. In: General hotel and gastronomy newspaper . February 21, 2004, accessed October 25, 2013 .
  12. ↑ a b c Corporate Presentation 2006. (PDF 4.0 MB) Rezidor Hotel Group, p. 2 , accessed on October 23, 2013 .
  13. ^ Matthaes Verlag GmbH, Stuttgart Germany: Prizeotel terminates license agreement with Radisson. Retrieved April 15, 2019 .
  14. ↑ Radisson takes over Prizeotel. Retrieved October 4, 2019 .
  15. ↑ Carlson Rezidor is now called the Radisson Hotel Group. In: Tophotel . Retrieved September 20, 2018 .
  16. ↑ EU approves HNA sale of Radisson hotel group. Retrieved October 4, 2019 .
  17. ^ Brands of the Rezidor Hotel Group. Radisson Hotel Group, accessed April 15, 2019 .
  18. ↑ a b c d Rezidor Group - Annual Report 2016. Accessed February 27, 2018 (English).
  19. ↑ Building a new future together - Annual Report 2017. (PDF 4.99 MB) Rezidor Hotel Group, p. 2 , accessed on March 31, 2018 (English).