What is the credit rating for Radisson Hospitality?
The 'B' rating reflects Radisson's solid market position in the upscale hotel segment in EMEA, with a balanced portfolio structure shifting to an asset-light model, and a continued deleveraging capacity which we expect to resume in 2021.
People Also Ask
We are an international group, recognized as 4th Best Employer in the Travel & Leisure industry by Forbes. Ten distinctive brands. More than 1,160 hotels in operation and under development in EMEA & APAC.
Radisson Hotels is an international hotel chain headquartered in the United States. A division of the Radisson Hotel Group, it operates the brands Radisson Blu, Radisson Red, Radisson Collection, Country Inn & Suites, and Park Inn by Radisson, among others.
Marriott owns Sheraton, Fairfield, and The Ritz-Carlton; Hilton owns Curio, DoubleTree and Hampton; Intercontinental owns Iberostar, Holiday Inn and Hotel Indigo; the ink is hardly dry on Choice Hotels' $675 million takeover of Radisson Hotel Americas – and that's just for starters.
To adhere to U.S. privacy regulations, the company was required to separate into two companies to protect consumer information. The regulations required Radisson to have separate websites, social media channels, apps and loyalty programs, which led to the split into two Radisson programs.
Radisson Hotel Group is a name synonymous with creative hospitality and innovative spirit. Our growth strategies and unique business model make us one of the most attractive and respected partners in the industry.
Hotels can receive a rating of 1 to 5 stars, with 1 being the most basic and 5 being the most extravagant. However, a universal hotel star ranking system does not exist, so you can find the same hotel rated differently depending on which website you visit.
The Radisson Blu brand first came into being in 2009 when Radisson SAS rebranded and changed its name to Radisson Blu. The name 'Blu' was chosen as part of a research project to find a new visual identity as the company looked to replace the familiar SAS blue box.