Press Releases

Radisson Hotel Group secures landmark signings in France at Paris Opera, Charles de Gaulle, Cannes and Bourges, while forging strategic new partnerships

Radisson Hotel Group is accelerating its growth in France with a series of high-profile signings and openings. Supported by strong partnerships with leading real estate groups like Covivio and Byron Capital, the Group is reshaping its presence in key destinations through targeted conversions, spanning from luxury lifestyle to upscale segments.

Splendid Hospitality Group to invest tens of millions in their York hotels

Award-winning hospitality business, Splendid Hospitality Group (SHG), one of the region’s largest and most established hospitality companies, which employs over 350 people in the area, announces that it plans to invest tens of millions of pounds in its 4 York hotels. The continued investment underscores the Group’s generational commitment to enhancing the city’s visitor experience, supporting local jobs and strengthening York’s position as a premier destination for tourism and business travel.

Marriott International and VERKEHRSBUERO HOSPITALITY Sign Agreement for Five Properties in Austria

Marriott International, Inc. announced it has signed an agreement with VERKEHRSBUERO HOSPITALITY to open five properties in Austria across its Tribute Portfolio, AC Hotels, and Four Points Flex by Sheraton brands. The signed projects are expected to further enhance Marriott‘s footprint in the country with the addition of more than 1,100 rooms. All five properties are expected to be converted from existing hotels operated by VERKEHRSBUERO HOSPITALITY under its Austria Trend Hotels brand.

OYO UK Reports 15% Revenue Growth in 2024

Global travel technology company OYO’s UK operations reported a 15% increase in revenue in 2024 compared to 2023. The company's Average Daily Rate (ADR) rose by 2%, while the broader market as reported by STR saw a decline of 2.8%. OYO's per room revenue (RevPAR) increased by 4% compared to the market's 4.5% decline.

Radisson Hotel Group signs four new properties in Norway and introduces two new brands

Radisson Hotel Group is delighted to announce the signing of four new conversion properties, and 519 guest rooms, in the picturesque city of Bergen, Norway, as part of their fruitful partnership with Magic Norway AS. Two of the properties will be Radisson Individuals hotels and the other two will be under the Group’s Prize by Radisson brand. All four properties have strategic locations and are set to open in the coming months.