Radisson's Growth, Riyadh Air’s Ambitions and Hotels’ Huge Growth
Radisson is prioritizing an "owner-first" approach to its expansion, adding a record 40,000 guest rooms last year and planning significant growth in China. Riyadh Air sees India as a key market for its global network, with increasing Indian visitor numbers and transit flight potential. Skift Research estimates the global accommodation market generated $1.2 trillion in 2023, with moderate growth expected, Asia-Pacific set to overtake Europe, and business travel spending surpassing pre-COVID levels.
- Radisson's Growth Plan: Fewer Rules for Hotel Owners, China Focus
- India to Play ‘Crucial’ Role in Riyadh Air’s Global Network
- Trends in Global Accommodations: Asia-Pacific’s Rise and Business Travel’s Comeback
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