Procurement
Carlson Rezidor Hotel Group reported Thursday systemwide revenue of $7.8 billion during 2014, a 4 percent year-over-year increase.
The company opened 57 hotels, a 16 percent increase from 2013, and signed 84 more properties. A brand-wide renovation of its more than 150 Radisson hotels is slated for completion during the first half of 2015. Carlson Rezidor also announced the first planned location of its select-service lifestyle brand, Radisson Red, in Shenyang Hunnan, China. The company continued to expand its global portfolio in 2014, building its pipeline in Africa, India, Russia and Turkey, and opening properties in Trinidad and Tobago, Sierra Leone, Gabon and Serbia. It also signed its first hotels in the Dominican Republic, Ghana, Moldova and Uganda.