Radisson Red brand reaches northward to Iceland

Reyjavik, Iceland. Photo credit: calebcharters/Pixabay

Rezidor Hotel Group, a Radisson Hotel Group subsidiary, has signed a Radisson Red hotel for Iceland.

The 195-room Radisson Red Reykjavik is scheduled to open in the second quarter of 2020. The city center hotel will be near the main retail street, leisure areas and the financial district.
 
The new hotel will be Radisson Hotel Group's fourth property open or in development in Iceland. The company's current hotels in the country include the Radisson Blu 1919 Hotel, Reykjavik in the downtown area, the Radisson Blu Saga Hotel in the west-town district, which was recently renovated, the Park Inn Reykjavik Keflavik, which is near Keflavik International Airport. The new property will also expand Rezidor’s portfolio of 472 hotels with more than 104,000 guestrooms operating or in development across the EMEA.

The property will be the latest addition to Radisson Hotel Group's Radisson Red brand, which has five hotels in Brussels, Campinas, Cape Town, Glasgow and Minneapolis. The hotel follows the announcement of a new Radisson Red hotel in the Philippines. As the first Radisson Red in the Philippines, the 146-room Radisson Red Cebu Mandaue will be developed in the new Astra Centre mixed-use development in the Central Visayas region. The hotel is scheduled to open in the fourth quarter of 2021. 

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The brand's pipeline also includes new hotel projects in Guangzhou, China, Kuala Lumpur, Malaysia and Mohali, India. These planned hotels keep Radisson Hotel Group on track to meeting its goal of having more than 200 hotels open and in development by 2022 in South Asia.    

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The new hotel is a mile from where the brand made its debut in London's Mayfair neighborhood 48 years ago. 

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The hotel is set to open in 2022 via a management agreement with Cornerstone Partners Group.