Carlson Reports Revenue Growth and Development Strides in 2013
Tuesday February 18th, 2014 - 4:09PM N
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MINNEAPOLIS—Carlson Rezidor Hotel Group revealed year-end development progress and revenue growth for 2013 at its Radisson and Radisson Blu Americas annual business conference taking place at the Radisson Blu Mall of America here.
The company announced a strong increase in new hotel signings versus the previous year making 2013 the most successful year for development since 2008. The group's overall signings increased by 43% from 2012, including an increase of more than 111% in the Americas and 71% in Asia-Pacific.
Additionally, system-wide revenue increased 4% to $7.5 billion in 2013. "We saw a surge in signings and revenue gains, thanks to the efforts and continued progress against our Ambition 2015 goals," said Trudy Rautio, president and CEO, Carlson. "We continue to invest in and improve our brands, and we strive to exceed guest expectations. The success is evident in our 2013 results."
Tags: Carlson • Radisson • Blu • signings • Hospitality • Brand Conferences •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.