Radisson looking at small-town cities for growth as expansion slows

Radisson Hotel Group, a Belgium-based hotel chain, hasn’t expanded its presence as it had earlier planned but has seen growth happen on the back of its hotels in tier-2 and tier-3 markets, which, going ahead, will account for as much as half its number of hotels, officials say. Zubin Saxena, managing director and vice-president (operations), South Asia, said the company currently ran 94 operating hotels in around 60 locations in India. Of those, increasing growth was coming from tier 2 and tier 3 properties, where both occupancies and average daily rates have increased in recent ti.....

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