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By Hariharan U
Published on July 14, 2026
Radisson Hotel Group has continued its global growth momentum during the first half of 2026, signing and opening 160 hotels representing more than 22,000 keys across key international markets. The expansion reflects continued owner confidence in the group's brands and growing demand for branded hospitality across luxury, lifestyle, upscale, resort, conversion, and mixed-use developments.
The group strengthened its footprint across Europe, the Middle East, Africa, and Asia Pacific through a combination of new signings, hotel openings, market entries, and brand expansions. Its diversified brand portfolio continues to drive growth across established and emerging hospitality markets.
In Europe, Radisson Hotel Group announced several key developments, including the signing of Radisson Collection Hotel Frankfurt and Radisson RED Vienna Danube Riverside. The company also expanded its resort portfolio with new openings in Tenerife and Phuket, while Radisson Individuals continued its growth in Greece and Spain. Lifestyle brand Radisson RED entered new markets including New Zealand, the Philippines, and Türkiye, while Radisson Collection strengthened its presence in premium destinations such as Lake Como.
Across the Middle East and Africa, the group expanded with notable openings including Radisson Blu Hotel Dubai Barsha Heights, Radisson Collection Residences Riyadh, and Radisson Blu Hotel Almaty Airport. During the period, the company also crossed the milestone of more than 100 hotels operating and under development across Africa.
Commenting on the group's performance, Elie Younes, Executive Vice President and Global Chief Development Officer, Radisson Hotel Group, said the company continues to create long-term value for owners and guests through its brands and people while remaining committed to delivering sustainable growth and above-market returns.
Asia Pacific remained one of the group's fastest-growing regions, supported by strong travel demand and increasing investor confidence. China continued to play a central role in Radisson's long-term strategy with more than 260 hotels operating across multiple brands and a strong development pipeline extending into Tier II, III, and IV cities.
The group also expanded its presence across Southeast Asia and Australasia. LIME Resort Bohol, a member of Radisson Individuals Premier, marked the brand's debut in Southeast Asia Pacific, while Radisson RED Auckland became both the company's first hotel in New Zealand and the first Radisson RED property in Australasia.
India continued to be one of Radisson Hotel Group's strongest growth markets during the first half of 2026. The company signed and opened 22 hotels across the country, taking its development pipeline to nearly 100 hotels.
Currently, Radisson Hotel Group operates 142 hotels with more than 15,500 keys across 86 Indian cities, reinforcing its position as one of India's leading international hotel operators.
Highlighting India's strategic importance, Elie Younes said the country's growing demand for branded hospitality, improving infrastructure, and sustained owner confidence present significant long-term opportunities. He noted that these factors, combined with Radisson's established presence and brand recognition, continue to support the group's expansion strategy.
Earlier this year, Radisson Hotel Group also unveiled its India Vision 2030 strategy, aiming to expand its portfolio to 500 hotels across the country over the next five years.
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By Manu Vardhan Kannan
Published on August 2, 2026
Lemon Tree Hotels Limited has announced the opening of Keys Prima by Lemon Tree Hotels, Kempty Road, Mussoorie, marking the group's second operational property in the popular hill station. With this launch, the company has expanded its operational portfolio in Uttarakhand to 10 hotels, while 11 additional properties remain under development across the state.
The hotel is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. Nestled along Kempty Road against the scenic backdrop of the Garhwal Himalayas, the property features 47 thoughtfully designed rooms and suites across Superior, Deluxe, Executive and Studio Suite categories. Designed to cater to both leisure and social travellers, the hotel offers an upper midscale hospitality experience with a range of modern amenities.
Guests can enjoy all-day dining at Keys Café or relax with beverages at Unlock Bar. The property also features a swimming pool, fitness centre, spa, and a dedicated kids' zone. For meetings, conferences, weddings and social gatherings, the hotel offers Grand Chamber, a well-equipped banquet and conference venue.
Commenting on the opening, Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., said, "Uttarakhand continues to be one of the most prominent tourism markets in the country, with sustained demand across leisure, pilgrimage and MICE travel through the year. Mussoorie, in particular, is one of those rare destinations whose appeal has endured across generations, retaining its place as one of India's most loved hill stations. The opening of our second hotel here allows us to be part of the destination's timeless appeal while responding to the growing demand for trusted hospitality. With its location on Kempty Road and a product designed to bring together leisure, wellness, dining and celebrations, the hotel is well placed to appeal to the many ways in which guests experience Mussoorie."
The hotel offers convenient connectivity for travellers, located approximately 71 km from Dehradun's Jolly Grant Airport, 44 km from Dehradun Railway Station, and around 10 km from Mussoorie Library Bus Station.
The opening further strengthens Lemon Tree Hotels' multi-brand presence in Uttarakhand, a key market for the company's growth strategy. With 10 operational hotels and 11 more in the pipeline, the hospitality group continues to expand across the state's major leisure and pilgrimage destinations, catering to the rising demand for quality accommodation in one of India's leading tourism markets.
International Airlines Group (IAG), the parent company of British Airways, Iberia, and Aer Lingus, has reported a 16% decline in second-quarter operating profit, citing higher fuel costs and weaker travel demand resulting from the ongoing Middle East conflict. The airline group also expects its overall capacity to remain flat for the rest of the year.
For the second quarter, IAG posted an operating profit before exceptional items of €1.41 billion, down from €1.68 billion during the same period last year. Despite the decline, the result slightly exceeded analysts' expectations of €1.37 billion.
The airline group said rising fuel prices and emissions-related expenses significantly impacted performance. During the second quarter, fuel costs and emissions charges increased by nearly 23% to €2.22 billion, affecting all of IAG's airlines from March onwards.
Although the company has slightly lowered its full-year fuel cost forecast to between €8.3 billion and €8.6 billion, compared with the approximately €9 billion projected in May, fuel remains one of its biggest financial challenges.
IAG stated that the prolonged conflict in the Middle East has weakened travel demand across several markets, adding pressure on airlines already facing elevated operating costs. The company had previously issued a profit and capacity warning in May as geopolitical uncertainty began affecting bookings.
The group's traditionally strong transatlantic business has also experienced pressure as changing travel patterns impact one of its most profitable markets.
Looking ahead, IAG said it is around 57% booked for the second half of the year, with booked revenue currently in line with the same period last year. The airline expects to offset approximately 60% of its higher fuel expenses through increased ticket prices and ongoing cost-efficiency initiatives.
The latest results reflect the broader challenges facing the aviation industry, with several European carriers reporting similar pressures from rising operating costs, geopolitical tensions, and softer travel demand in recent months.
Indian Hotels Company (IHCL), India's largest hospitality company, has announced the signing of a Gateway hotel in Tiruchirappalli (Trichy), Tamil Nadu. The project will be developed as a greenfield property, further strengthening IHCL's presence in one of South India's key business and spiritual destinations.
Commenting on the signing, Ms. Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL, said, “As travel demand continues to grow beyond metros and Tier 1 cities, destinations such as Trichy are emerging as significant markets, supported by a diverse mix of business, education and religious travel. With its central location and access to the region's most revered sites, this signing reinforces IHCL's commitment to expanding its footprint in high-growth Tier-2 cities while strengthening our spiritual circuit in South India.”
Strategically located on the Grand Southern Trunk Road, the 176-key Gateway Tiruchirappalli will offer views of the Kaveri River and the iconic Rockfort Temple on one side, while overlooking the Sri Ranganatha Swamy Temple at Srirangam and Jambukeswara Temple at Thiruvanaikaval on the other.
The hotel will feature an all-day dining restaurant, a specialty restaurant, and a bar. Guests will also have access to a swimming pool, gym, health club, and spa, providing a complete leisure experience.
Designed to serve both business and social events, the property will offer over 5,000 sq. ft. of banquet space, along with meeting rooms, pre-function areas, and one acre of outdoor lawns suitable for weddings, celebrations, conferences, and corporate gatherings.
Speaking about the partnership, Mr. A. Bagurudeen, Try Alam Hotels Pvt. Ltd., said, “We are pleased to partner with IHCL to bring the Gateway brand to Tiruchirappalli. The city continues to witness steady growth across industries, creating demand for hospitality infrastructure.”
Tiruchirappalli is one of Tamil Nadu's leading cultural and pilgrimage destinations, known for landmarks such as the Rockfort Temple, Sri Ranganathaswamy Temple, and Jambukeswarar Temple at Thiruvanaikaval. The city's growing business, education, and tourism sectors continue to drive demand for quality hospitality infrastructure.
With the addition of this property, IHCL's portfolio in Tamil Nadu will grow to 33 hotels, including 14 under development.
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