Radisson signs deal for hotel in Lahore, Pakistan

The 400-room new-build hotel will be part of a 75,000-square-meter mixed-use development, including offices, a retail mall and luxury residences. Photo credit: Radisson Hotel Group

Radisson Hotel Group has signed a deal to make its Pakistan debut. The Radisson Hotel, Lahore City Mall is slated to open by December 2022, and is part of the company's plan to have 10 hotels and 2,000 rooms open and under development across the country by 2025. 

The construction is being overseen by Saudi-based Overseas Construction Company, and brings Radisson’s South Asia portfolio to 136 hotels in operation and under development.

Lahore, the capital of the Pakistani province of Punjab with a population of 11 million, is the second-most populous city in Pakistan. The city is a major educational, social, cultural and economic hub, contributing more than 11 percent of Pakistan’s gross domestic product.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

"We are delighted to be entering Pakistan with the largest hotel signed by Radisson Hotel Group in South Asia," Elie Younes, EVP/chief development officer, Radisson Hotel Group, said in a statement. "The towering size of the development, combined with its premium location, provides us with an excellent opportunity to enter Pakistan’s hotel market and remarkable visibility with which to establish the brand. It is a deal that brings great value to our key stakeholders.”

The 400-room new-build hotel will be part of a 75,000-square-meter mixed-use development, including offices, a retail mall and luxury residences. Dining options at the hotel will include an all-day dining restaurant, a specialty restaurant, a rooftop restaurant and a lobby lounge. Leisure facilities will include a spa, a fitness center and a swimming pool. The hotel’s meeting and events space will include a banquet hall and board rooms.

Suggested Articles

After months of searching, AAHOA has selected the former chancellor of East Carolina University to head its 18,500-member organization.

The Middle East total was a 5.7 percent drop in the number of rooms under construction, while Africa's construction total is down 4 percent.

The China-based conglomerate also acquired the iconic brand's IP assets as part of the £11 million deal, with the brand expected to live on online.