Tag Archives: Elie Younes

Radisson Hotel Group in partnership with Madaëf are proud to announce the signing of seven Moroccan hotels, of which four will open its doors later this month, located in renowned tourist areas, Al Hoceima, Saïdia and Taghazout. The new portfolio consisting of resorts and residences will add over 1600 rooms bringing the Group’s Moroccan portfolio to 10 hotels, fast-tracking its strategy to reach 15 hotels in operation and under development in the country by 2025. Elie Younes, Executive Vice President & Chief Development Officer EMEA, Radisson Hotel Group, says: “We are delighted to announce this portfolio of seven new hotels, as it not only accelerates our growing presence in Morocco, but also reaffirms our commitment towards the country and its future. Morocco is Africa’s number-one tourism destination in terms of foreign arrivals as a bridge between Europe and Africa and is a priority market for our African development strategy because of its vast potential of Morocco. We remain committed to the country’s Royal Vision, Morocco’s new campaign to promote national as well as international tourism development. We would like to thank our business partners for their trust in our brands and teams as we look forward to opening these world-class properties across Morocco together.” Ramsay Rankoussi, Vice President, Development, Africa & Turkey, Radisson Hotel Group, says, “This diverse portfolio which consists of four converted and three new-build resorts and residences spread across Al Hoceima, Saïdia, and Taghazout, reinforces our serviced apartments as well as our global resort offerings. Complementing our existing properties in Marrakech and Casablanca, these new properties also cement the presence of our flagship Radisson Blu brand, as well as the footprint of our fast-growing, upscale Radisson brand …

Radisson Hotel Group has plans to more than double its serviced apartments portfolio within the next 5 years across EMEA. Today, serviced apartments represent around 10% of the Group’s EMEA portfolio with 45 properties and more than 5,400 units in operation and under development. Radisson Hotel Group operates its serviced apartments as a stand-alone or a mixed-use development in combination with a traditional hotel operation. Serviced apartments will be developed as a brand extension of the existing Radisson Hotel Group’s brand portfolio to cater to the different segments from midscale to luxury. Elie Younes, Executive Vice President and Chief Development Officer Radisson Hotel Group said, “For many years we have explored the strong demand for serviced apartments and extended stay products by recognizing it as an attractive risk-adjusted investment proposition that has considerable growth potential. Given its relevance to the current economic climate, this value proposition has recently been further defined in our portfolio, offering a holistic concept with more opportunities for our investors and more possibilities for our guests.”

Radisson Hotel Group continues to expand its new brand architecture and further strengthen its presence across EMEA. The new signings re-affirm the Group’s commitment to its ambitious 5-year development plan. Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said, “Our business is based on long term relationships built on trust and responsibility. Despite the unprecedented challenges we face, we continue to work closely with our stakeholders to support the business. We consequently expanded our footprint in Italy, France, Austria, Greece, Russia, Ukraine, the UAE and across Africa. This is thanks to the relevance of our brands and the dedication of our team. We are grateful to our hotel owners for trusting our brands and people” The fifteen new signings mark key milestones: Addition of six new hotels in Africa bringing the total to almost 100 hotels across 32 African markets; Cementing the groups’ position in Ukraine as the largest international operator with 7 hotels and 1,355 rooms in operation and under development; Further cementing the group’s leading position in Russia with two additional hotels; Third signing of the Radisson RED brand in Austria; Two new signings in the most renowned ski destination in Italy boosting the group’s portfolio to 10 hotels in operation and under development; and One new Radisson Blu property on the picturesque island of Santorini, one of the world´s most popular resort destinations.

Radisson Hotel Group announces the signing of Radisson Hotel Apartments Muscat Ghala Heights in the Sultanate of Oman. The newest addition brings the group’s portfolio up to eight hotels across five brands – including Radisson Collection, Radisson Blu, Park Inn by Radisson – and will strengthen the group’s leading position within the Sultanate. Due to open in Q4 2022, the Radisson Hotel Apartments Muscat Ghala Heights will perfectly complement Radisson Hotel Group’s array of city and leisure hotels across Oman. Guests requiring even more space or a longer stay will find exceptional accommodation in the hotel’s 280 serviced apartments. The newly-build hotel will have a lobby bar, an all-day dining restaurant and one specialty restaurant. Guests will be able to enjoy an outdoor swimming pool as well as leisure facilities such as a ladies’ and men’s fitness studio. The hotel’s conference venue will offer 850sqm, including two conference rooms and one large ballroom of fully equipped, state-of-the-art meeting and event facilities for the local and international business communities.  Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said, “The Radisson Hotel Apartments Muscat Ghala Heights marks the arrival of the city’s second Radisson and will be our 5th hotel in Muscat. We thank our partners for their trust and look forward to an exciting and rewarding journey, creating opportunities for our guests, owners and employees.” Saud Bin Hamed Bin Issa Al Tae (owning company) said, “We are delighted to partner with Radisson Hotel Group on this project and to be able to contribute to the tourism sector in Muscat. Radisson Hotel Apartments Muscat Ghala Heights will be a great addition to Muscat and we’re looking forward to working …

Radisson Hotel Group has announced the signing of six hotels in Egypt as part of a portfolio deal across a number of its brands. The agreement was signed with existing business partner Zaghloul Holdings, a Cairo-based business conglomerate operating in real estate, contracting, tourism, commercial retail, entertainment and sports investment industries. The six hotels, namely, Radisson Collection Hotel Cairo Heliopolis, Radisson Blu Serviced Apartments Cairo Heliopolis, Radisson Blu Hotel Cairo Golf City, Radisson Hotel New Cairo, Radisson Hotel & Resort Ain Sokhna and Radisson Blu Hotel & Resort Makadi Bay, Hurghada will mean Radisson Hotel Group becomes one of the largest international operators in the country. Elie Younes, Executive Vice President and Chief Development Officer, Radisson Hotel Group, said, “Egypt has historically been one of the most visited countries in North Africa and we strongly believe in its tourism industry in the long run. These hotels will make a great contribution to the local employment and we thank our partner Zaghloul Holdings for their continued trust and for their contribution towards promoting tourism in the country. We are further pleased to introduce two new brands to Egypt, Radisson Collection, positioned as the premium lifestyle and affordable luxury brand and Radisson as an upscale hotel brand.” Hazem Zaghloul, Owner, Zaghloul Holdings, said, “We have ambitious investment plans for the tourism sector in Egypt. We are confident in the future outlook for the sector with positive forecasts of increased visitor numbers and the significant investment in the tourism infrastructure of Egypt. We are also pleased to strengthen our relationship with Radisson Hotel Group and look forward to continuing our successful relationship.”

Radisson Hospitality is set to announce the signing of its first Radisson hotel in the Middle East at Dubai’s Damac Hills. Under construction already, and due to open in Q4 2019, Radisson Hotel, Dubai DAMAC Hills will feature 481 rooms, including one and two-bedroom suites. Two restaurants will cater to guests’ dining needs, while leisure facilities such as a gym, spa, kids club and an outdoor swimming pool will also be available. The hotel’s extensive meeting space will be built over an area of 600m². The property will be within a rapidly growing area of Dubai and surrounded by new residential and business districts such as Dubai Motor City and Dubai Investment Park, while the site of Expo 2020 will be just 11 km away. Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said, “We’re delighted to enter into partnership with DAMAC Properties and we appreciate their commitment and vision to develop such an exciting project. We’re further delighted to introduce our new upscale Radisson brand that delivers its own Scandinavian-inspired hospitality to the region.” “DAMAC Hills is one of Dubai’s newest communities and is already home to more than 1,000 families,” said Hussain Sajwani, Chairman, DAMAC. “Our partnership with Radisson Hotel Group for this unique hospitality product will cater to the ever-growing number of tourists and business travellers who visit the emirate.”

The Rezidor Hotel Group has announced the signing of two new Radisson Blu hotels in International Media Production Zone (IMPZ) and Dubai Studio City, United Arab Emirates. The new signings made in partnership with renowned, Dubai-based, Bin Haider Group, follow Rezidor’s recent announcement that it will open 14 new hotels in the UAE by 2019, and part of expansion plans to have 100 hotels & 20,000 rooms in operation by 2020, across the Middle East. Elie Younes, Executive Vice President & Chief Development Officer, The Rezidor Hotel Group, said: “We are progressing our growth journey in the UAE where Dubai is a key primary market and welcome the Bin Haider Group to our business family. We believe the brand promise – iconic, sophisticated and stylish – of Radisson Blu perfectly complements the unique needs of the international media production industry that will be based in these two locations”. The two new Radisson Blu hotels are set to open in two upcoming media zones in Dubai, designed to support corporate travelers and media professionals visiting and working in the Emirates. Both properties will further enhance the Radisson Blu brand presence, which already has strong association with media zones in Dubai. Radisson Blu Hotel, International Media Production Zone (IMPZ), Dubai will feature 356 rooms, and, with construction already underway, has an anticipated opening date in Q1 2019. The hotel will hold a prominent location on Sheikh Mohammed Bin Zayed Road, close to the newly opened Al Maktoum International Airport (Dubai World Central). The hotel’s interior design will incorporate the brand’s new “Blu Print” design scheme and facilities include two restaurants, a bar and significant meeting facilities to support the free zone’s businesses. …