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Carlson Hotels Worldwide to Double Asia Pacific Portfolio Within Three Years
Singapore | February 25, 2008
SINGAPORE - 2008 - Carlson Hotels Worldwide, one of the world's largest privately-owned hotel companies based in the U.S, will double its Asia Pacific portfolio over the next three years with the addition of more than 50 new hotels across seven countries. The company currently has 9,383 rooms under development within its five brands - Regent Hotels & Resorts, Radisson Hotels & Resorts, Park Plaza Hotels & Resorts, Country Inns & Suites By Carlson and Park Inn- in fast growing Asia Pacific markets including China, India, Thailand and the Philippines.
In China, Carlson will open 10 new hotels through a strategic partnership with the Sunshine100 Group, one of the country's top property developers. Plans were recently announced for a new Radisson hotel in the city of Liuzhou, the first of several new projects that will bring Carlson's core brand to China's second and third tier cities.
"Carlson's aggressive Asian expansion strategy further solidifies its commitment to grow world-class brands in key markets & strategic locations" said Martin Rinck, President and Managing Director, Carlson Hotels Worldwide - Asia Pacific.
"It's also an integral part of the group's global development plan which includes strong growth in the Americas, as well as Europe, Middle East and Africa."
India will see more than 30 new hotels by 2011. Carlson is currently the largest international hotel group in the country with 23 hotels and resorts in operations.
Seven hotels are planned for Thailand under the management of the group, including luxury Regent hotels in Bangkok and Phuket, both scheduled for completion in 2010. Carlson will also launch The Regent Maldives in December this year.
"Regent is synonymous with superior quality and we are very excited about these new properties, which without a doubt will be well received by the luxury business and leisure guest," added Rinck. "We will continue to focus on growing the brand in other key gateway cities including Hong Kong, Kuala Lumpur and Tokyo."
Carlson will also enter the Philippines with two hotels under the Regent and Radisson brands in the country's capital Manila, which will be completed by the fourth quarter of 2009. "Manila is a welcome addition to our expanding, but highly selective destination portfolio," explained Rinck. "These properties represent a strategic management opportunity for Carlson with Manila being a key commercial hub and gateway to the rest of the country."
In October 2007, Carlson Hotels Worldwide - Asia Pacific announced its first major partnership with Lotus Hotel Investment Fund, a US$1 billion private equity fund established to target hotel development opportunities in high-growth markets including China, India, Thailand and Vietnam.
Singapore-based Carlson Hotels Worldwide - Asia Pacific is the regional headquarters for Carlson Hotels Worldwide in the Asia-Pacific region and is supported by reservations, sales and development offices in Tokyo, Shanghai, New Delhi and Sydney. Carlson Hotels Worldwide, based in Minneapolis, Minnesota, includes five hotel brands: Regent Hotels & Resorts, one of the most respected brands in the luxury segment of the hotel industry; Radisson Hotels & Resorts®, one of the world's leading upscale, full-service hotel brands; Park Plaza® Hotels & Resorts, positioned in the mid-scale segment of the full-service hotel category and known for its great value and customer-focused service culture; Country Inns & Suites By Carlson℠, one of the fastest growing, mid-scale hotel brands; and Park Inn®, a growing global brand offering a fresh and stylish guest experience.
Carlson Hotels Worldwide is one of the major operating groups of Carlson, a global leader in the marketing, travel and hospitality industries. Other names in the Carlson family of brands and services are: T.G.I. Friday's® restaurants, Regent Seven Seas Cruises®, Carlson Wagonlit Travel®, and Carlson Marketing Worldwide®, the largest relationship marketing services company in the United States.