Radisson Wants to Double Southeast Asia in Five Years. The Owners Doing the Math Should Slow Down.
Radisson Hotel Group is pushing hard into Southeast Asia Pacific with 89 hotels and 17,000 rooms in operation or pipeline, aiming to double the portfolio by 2031. The growth story sounds great in a press release... the question is whether the owners signing franchise agreements in emerging markets are stress-testing the downside the way the development team isn't.