Radisson Signs Development Deal for Cyprus

CYPRUS—Radisson Hotel Group has signed a master development agreement with SunnySeeker Hotels in the Republic of Cyprus. Building on its partnership, the new deal will see the group double its existing portfolio in the country to six hotels and nearly 1,000 rooms by 2025.

SunnySeeker Hotels has been a partner with Radisson Hotel Group in the country since 2015.

“We’re excited to have signed this master development agreement with SunnySeeker Hotels as our trusted partners in Cyprus and with whom we already have three hotels,” said Elie Younes, EVP/chief development officer with Radisson Hotel Group. “We’re glad to extend our collaboration in a market where we can grow our portfolio in line with an aligned expansion plan. We thank them for their trust and the successful journey so far.”

Antonis Hadjinicolas, general manager of SunnySeeker Hotels, added: “It’s a pleasure to continue our longstanding and successful relationship with Radisson Hotel Group, and to be working with them to develop a range of exciting opportunities across Cyprus. We’re highly committed to the success of our cooperation with Radisson Hotel Group as demonstrated by the recently opened Radisson Blu Hotel, Larnaca in the city and the upcoming opening of the Radisson Larnaca Beach Resort. We look forward to offering Radisson Hotel Group guests a growing range of outstanding experiences as part of this partnership.”

Radisson Hotel Group’s existing portfolio in Cyprus consists of three Radisson Blu and Radisson properties (and approximately 500 rooms) in operation or under development.

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