Radisson Group looking at doubling hotel portfolio in India: South Asia MD Nikhil Sharma

NEW DELHI: (Jun 29) Belgium-headquartered Radisson Hotel Group is eyeing to double its portfolio in India in the next few years, from over 200 operational hotels at present, with a focus on a sustainable and inclusive growth model, according to a senior company official.

In an interview to PTI, Radisson Hotel Group Managing Director and Chief Operating Officer for South Asia Nikhil Sharma said its hotel in Pahalgam is currently operating at an occupancy rate of 20-30 per cent of what the occupancies were last year, in the aftermath of the recent terror attack on tourists that shook the nation.

Notably, Radisson is the largest luxury hotel chain in Jammu and Kashmir, with seven hotels in operation, including five in the valley, and 2-3 hotels in the pipeline.