21 February 2025
21 February 2025
The luxury segment within Greater China has seen a 73% increase in 2024 room signings for Marriott compared to 2023.
The hotel company is also on track to double its estate in Japan following the introduction of three new brands.
This move aims to significantly enhance Hilton's mid-market offerings in the country.
The Radisson RED property in Malaga, Spain, is set to open in the second quarter of 2027.
The acquisitions will be funded with Yen-denominated debt, hedging against currency fluctuations.
This development marks a step in the companies' joint efforts to streamline distribution and operational costs.
The new hotel offers 232 rooms equipped with modern amenities for both business and leisure travellers.
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