Carlson reports healthy 2014

SINGAPORE  Carlson Rezidor Hotel Group reported strong 2014 results with 57 openings, 84 signings and system wide revenues of USD7.8 billion, a 4% increase compared to last year.
“It was a successful year with tremendous growth, development momentum, revenue increases and the launch of two new brands,” said Carlson chief operating officer David Berg.
“Together with our partners we are growing and strengthening our portfolio and our 2014 results are evidence of that.”
The number of rooms the group opened in 2014 increased 16% compared to 2013 and 64% of new rooms opened were located in developing countries, a key focus for Carlson Rezidor.
inside no 6The group’s global pipeline remains strong with 271 hotels under development and continues to hold the largest pipeline in Africa, India, Russia and Turkey.
In 2014, Carlson Rezidor expanded into new territories with hotels opening in Trinidad and Tobago, Sierra Leone, Gabon, and Serbia. The group also signed its first hotels in the Dominican Republic, Ghana, Moldova and Uganda.
The group also launched two new brands in 2014. Quorvus Collection, catering to the luxury segment and global traveller and announced its first members: G & V Royal Mile Edinburgh, The Symphony Style Hotel Kuwait and The May Fair Hotel London. Radisson Red marked the group’s entrance into the lifestyle select category and announced its first location in Shenyang Hunnan, China which will open in 2016.
The company’s Radisson® brand, is in the final stages of a brand-wide renovation involving 150 hotels.
Together with its franchise partners, Carlson has invested more than US$600 million over the past five years into refreshing the Radisson portfolio. As a result, Radisson has moved up four spots on J.D. Power and Associates ranking of full service hotels, making it the most improved hotel chain in its category.

sourced:ttrweekly.com