Radisson Hotel Group Americas has signed and opened a portfolio of eight Radisson Individuals hotels in Colombia and Panama. Colombia-based Faranda Hotels owns and operates the portfolio.
In a statement, the company said it was in “advanced negotiations” to sign additional properties in the Caribbean and Latin America with Faranda Hotels.
“We are thrilled to build this exciting new relationship with Faranda Hotels and welcome these extraordinary hotels to the Radisson Hotel Group Americas family,” said Paul Adan, Radisson's managing director, Caribbean and Latin America. “This portfolio signing marks a major milestone as we introduce Radisson Individuals to Latin America. This brand is certain to fuel RHGA’s growth in the region, as it makes it easy for existing upper-upscale independent hotels to affiliate to one of the largest hotel companies in the world. The Faranda Hotels portfolio is also certain to add tremendous value to our Radisson Rewards Americas program, as it will offer our members fantastic resort options. We are very grateful for Onirius Hospitality, which is based in Colombia, for brokering this transaction.”
The portfolio includes two landmark properties in both Colombia and Panama: the Hotel Caribe by Faranda Grand, the first hotel to open in Cartagena, Colombia, and the Hotel El Panama by Faranda Grand in Panama City, which has 25 meeting rooms that can accommodate 5,000 guests. Three boutique hotels are opening within Cartagena, Colombia’s Walled City, a UNESCO World Heritage Site. Hotels are also set to open in the Colombian cities of Bogota, Barranquilla and Cali. The opening in Cali will be the reintroduction of Radisson Hotel Group Americas in this market.
“Joining the Radisson Individuals brand was the perfect opportunity for us to affiliate our portfolio of hotels to the Radisson Hotel Group Americas’ system while maintaining the unique identity and signature style our guests expect from our hotels,” said Carlos Fernandez, chief commercial officer at Faranda Hotels. “We are excited to debut this remarkable brand in Latin America and create memorable moments for all our guests.”