CORPORATE
Radisson sets 500-hotel target by 2030 with focus on new urban hubs, religious tourism
- IBJ Bureau
- Aug 03, 2026
India has emerged as one of Radisson Hotel Group’s strategic global growth engines.
The hospitality company is on track to reach the 500-hotel target by 2030, betting on emerging urban hubs and regional towns, Nikhil Sharma, the managing director and COO (South Asia) of Radisson Hotel, has said.
Mr Sharma adds that religious tourism destinations and swift execution of its expansion plans will also drive its next phase of expansion.
Backed by strong confidence and growing demand beyond traditional metros, the company expects faster conversion of its hotel pipeline into operational properties over the next two years.
The company is expanding deeper into tier-II, -III and -IV markets including emerging urban hubs and regional towns, leisure destinations and religious tourism hubs.
“Without question, India has evolved from being an important market to becoming one of Radisson Hotel Group’s strategic growth engines globally,” Mr Sharma has told the PTI in an interview.
He adds that the company has signed 18 hotels and opened four properties in the first half of 2026 alone, taking its development pipeline to 98 hotels and its operational portfolio to 142 across 86 cities.
“We are no longer expanding only in traditional gateway cities. Instead, we are building a portfolio that mirrors India’s evolving travel landscape from emerging commercial and industrial centres such as Rajkot and Jamshedpur to gateway markets like Siliguri, leisure destinations such as Kasauli and Gopalpur and high-potential spiritual destinations like Nathdwara and Prayagraj,” adds Mr Sharma.
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