Radisson Hotel Group has signed its second Radisson Red in South Africa through a partnership with investor RDC Properties Ltd. Scheduled to open in early 2021, the Radisson Red Johannesburg Rosebank will bring the group’s African portfolio to almost 100 hotels open or under development.
The hotel follows the debut of the Radisson Red Cape Town and is the company's third brand in Johannesburg, alongside Radisson Blu and Park Inn by Radisson. According to Elie Younes, EVP/chief development officer of Radisson Hotel Group, the hotel will be the first internationally branded lifestyle property in Johannesburg and the company's fourth hotel in the city.
According to a company statement, Rosebank is one of the fastest-growing business precincts in Johannesburg. The new Radisson Red hotel will be located in Oxford Park, a mixed-use development with offices, apartments, retail and restaurants. "The Radisson Red will complete phase one of Oxford Parks, consisting of four commercial buildings, the Radisson Red hotel and ancillary retail on the ground floor of each of the commercial buildings," said Thinus Crafford, developer and Oxford Parks’s representative. Other tenants of the development will include BPSA, the Life Healthcare Group, Thebe Investment Corp., ARUP, Metier, Credo Wealth and Sony. All buildings within the complex will be designed to meet a minimum four-star Green Star rating, he added.
"This Radisson Red will be a welcome addition to our portfolio of hotels and to our property investments in the Republic of South Africa," said Guido Giachetti, executive chairman of the Realestate Group, future owners of the hotel, via RDC Properties Ltd. "As foreign investors based in the SADC region we are pleased to contribute to the growth of this magnificent country through capital inflow and employment creation."
The new-build hotel will have 222 guestrooms, restaurants and bars, a rooftop bar and terrace, a swimming pool and fitness room, six event studios, a conference room and a large meeting room.
Rosebank is located to the northeast of Johannesburg, 4.5 kilometers from the Sandton area and connected to the OR Tambo International Airport by the Gautrain mass transportation system.