Latest news with #Radisson
Arabian Post
5 days ago
- Business
- Arabian Post
Radisson's Bold Saudi Push Drives Middle East Footprint Surge
Arabian Post Staff -Dubai Radisson Hotel Group has ramped up its presence in Saudi Arabia, now anchoring half of its Middle East portfolio within the Kingdom, a senior company executive confirmed amidst the Future Hospitality Summit in Riyadh. With 50 of the group's 100 regional properties either operational or under construction based in Saudi Arabia, the expansion underscores its strategic prioritisation of the country's ambitious hospitality landscape. Elie Younes, Executive Vice President and Global Chief Development Officer at Radisson, described Saudi Arabia as 'one of the top five countries for us globally.' Of the 50 properties, 30 are already open, while 20 are at various stages of construction. The current pipeline, spanning the next three to four years, includes these 20 projects, with another 30 slated for completion over the next four years, collectively offering approximately 4,000 to 5,000 new rooms and generating some 5,000 jobs. ADVERTISEMENT This expansion aligns with the Kingdom's target to add more than 362,000 hotel rooms by 2030, backed by a US$110 billion investment as part of its Vision 2030 diversification drive. Radisson is strategically deploying a mix of brands across segments. Younes outlined plans for another 10–15 Radisson Blu properties and four to five more under its luxury Radisson Collection label in cities including Riyadh, Jeddah, Makkah and Madinah. Smaller priors in secondary cities are also on the radar for core four‑star Radisson properties. Recent openings include Radisson Blu Hotel & Convention Centre, Riyadh Minhal, and Radisson Hotel Madinah— the group's first presence in the holy city of Madinah. Additional launches planned this year include Radisson Blu Hotel Riyadh Al Sahafa and Radisson Hotel Jeddah Tahlia Street in Q2, followed by Radisson Collection Residence Riyadh and Radisson Hotel & Residences Makkah Thakher City in Q4, all designed to capture the religious and leisure tourism surge. Radisson is also forging partnerships with Saudi entities. A landmark deal with Knowledge Economic City in Madinah will introduce a Park Inn by Radisson in the Islamic World District. Meanwhile, a Memorandum of Understanding with the Saudi Tourism Authority—signed at the Arabian Travel Market—demonstrates deep engagement within the local ecosystem. The group remains on track to grow its Middle East network to 150 hotels, resorts and serviced apartments by 2030, building on a record-breaking global performance in 2024. Younes emphasises the tailored approach: blending its Scandinavian-inspired hospitality with regional traditions and integrating wellness, eco-friendly features and entertainment to appeal to evolving guest preferences, as detailed by Development Director Ayman Ezzeddine at the Riyadh summit. Analysis by regional consultants underscores the significance of Radisson's strategy. Analysts note that by allocating half of its current Middle East portfolio to Saudi Arabia, Radisson demonstrates confidence in the Kingdom's tourism transformation. Its focus on both high-volume mid-market and luxury segments positions it to tap demand from business travellers, pilgrims and upscale visitors alike amid government incentives and infrastructure investments. Radisson's move is also in step with ongoing giga‑projects such as Amaala, the Red Sea Project and Rua Al Madinah, each aimed at hosting millions of tourists and pilgrims by 2030. These projects feature world-class hotels, resorts and cultural infrastructure, reinforcing Saudi Arabia's status as a global hospitality hub.
Belfast Telegraph
14-06-2025
- Entertainment
- Belfast Telegraph
Travel review: Sleek and arty east London hotel a win for the discerning traveller
So staying in a hotel there is a novelty to me, never mind landing somewhere as sleek, hip and trendy as the art'otel London Hoxton. It's a newly-built 26-storey luxury hotel, just a short trip from the centre of London by Tube. Its exact location at the intersection of Old Street and Great Eastern Street is described as 'the cool hub of London's urban art scene'. The international art'otel brand, owned by Radisson, is all about taking the liveliness of a city's art scene and blending that with the luxurious stylings of a high-end hotel to create a premium experience. There is an artist in residence whose works are on display, and during our visit it's Sylver, a queer jeweller, fashion designer, filmmaker and artist. Their works include sculptural body adornment and jewellery, and it's great to soak up Sylver's artworks while exploring the hotel's communal areas. My Hertford-dwelling friend and I are fortunate enough to have bagged a complimentary one-night bed and breakfast stay for November 30. Otherwise, when I price a Saturday night stay for June 28, it costs about £325 for a double alone, or £381 if you have breakfast as well. But you can save 15% by becoming a Radisson Rewards member. I've travelled just after we've had a catastrophic flood in my house back in Belfast (it was Black Friday in more ways than one), and the touch of luxury provided by art'otel Hoxton turn out to be just the comfort and distraction I need. We arrive late in the evening, after a day filled with a late lunch at a Korean fried chicken joint in Soho, then later, an evening of uproariously funny (but reasonably-priced) entertainment at Comedy Store Leicester Square. From Leicester Square to Old Street station is a straightforward trip, and once out of Old Street, a short walk takes you to the hotel. A brightly-lit beacon, it's impossible to miss. We approach from the front and could see the Brush Grand Cafe on the ground floor but took a while to figure out that the main entrance was just around the corner. The person on reception (which is on the first floor) who we checked in with was super-friendly and welcoming. The decor in reception is the result of a collaboration with street artist D*Face, described as an icon of the East London art scene, and designer of album covers for artists like Christina Aguilera and Blink 182. The hotel's description of his work as 'characterised by bold colours, daring themes and a critical look at contemporary culture' is a pretty good summary of the comic strip-style murals combining art, design and graffiti on display. We have a quick look around, and ooh and aah at the artwork, before getting to explore our room. We're on the 10th floor, well away from any street noise. It has a welcome letter from general manager Axel Krueger, and an invitation to 'live art in a way only art'otel can offer.' There are a few pages of sketch paper which we should consider as a blank canvas 'to capture moments of inspiration, record your journey or simply let your imagination flow'. The room is streamlined and bright but really cosy, with the twin beds we requested. In keeping with the art theme, there are shelves with objets d'art and art books, and everything is curated with flair and attention to detail. I love the glamorous, funky decor, and I'm impressed by the IperEspresso machine. Because, on arriving into a new hotel room, my first act is to check out the tea and coffee facilities, and these don't disappoint. There are coffee capsules for the machine and some coffee bags, plenty of choice in tea bags, and some Border cookies. You've guessed it, I love detail, so I appreciate the luxurious Kevin Murphy-branded toiletries in the bathroom. The room's grey robe and slippers are beyond cosy but note, you do need to buy them if you want them as a souvenir of your stay. There is a bedside panel to control features like the air conditioning and curtains. We don't have a main meal in The Brush Grand Cafe during our stay, but it is open seven days a week for breakfast, lunch and dinner with European signature dishes like veal schnitzel and whole grilled seabass. The first floor offers The Lounge & Cocktail Bar, a hub to work and relax in by day, with live music and a cocktail list in the evening. During our stay, there are performances by guitar and vocal duo The Rivers ft Lauren Cofie. After our hearty fried-chicken lunch, something light from room service seems a great compromise. We use the hotel app to order the London Cure smoked salmon, avocado and capers bagel, and the Scottish smoked salmon on pumpernickel bread with fish eggs. Delish. Thankfully, our appetite is back in earnest by the following morning. Breakfast has three courses, a croissant, pain au chocolat or pain au raisin, followed by fruits and grains and a hot breakfast such as eggs, avocado and poached egg on sourdough, savoury muffin, prosciutto toastie, bratwurst, eggs benedict, smoked salmon or shakshuka. My friend loves her avocado and poached eggs, and my shakshuka is delicious but if I had to do it over, I'd request a second poached egg to make it more filling. We explore the pool, gym and sauna facilities before we check out, and even though we're not flinging ourselves onto the machines for a workout, we can appreciate the fantastic view from the 26th floor gym of a skyline featuring the London Eye, Walkie Talkie and The Shard. And there is plenty to explore outside the hotel itself. Districts like Hoxton and Shoreditch are associated with creativity and innovation and a contrast to nearby gleaming skyscrapers of Canary Wharf. There are old pubs, old brick buildings, avant-garde restaurants, warehouses repurposed into lofts and offices, tech start-ups and fashion studios, and plenty of great live music venues. Shoreditch has become more and more trendy in recent years, and the art'otel is emblematic of that process. But it does bring so much style and elegance with it. You might find more traditional places closer to the typical tourist sights of London, but as my friend puts it, this is aimed at the more 'inquisitive traveller who wants to see the grittier sights of the city'. I'd agree – and it has a lot of luxury and art thrown in. Then, it's back home to my flooded Belfast abode, but after the luxury I've experienced, I can't complain too much.
Yahoo
12-06-2025
- Business
- Yahoo
Radisson Announces Results of its Annual and Special Meeting of Shareholders
Rouyn-Noranda, Quebec--(Newsfile Corp. - June 12, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company) is pleased to announce the results of its Annual and Special Meeting of Shareholders ("AGM") held on June 12, 2025. Shareholders voted in favour of all items of business, including the election of each director nominee, the appointment of auditors, and the adoption of a new Omnibus Equity Incentive Plan. A total of 156,469,851 votes were represented in the meeting amounting to 45.22% of the Company's class A shares issued as of the record date. Directors re-elected to the board were Pierre Beaudoin, Lise Chénard, Michael Gentile, Peter MacPhail, Matt Manson, Jeff Swinoga and Cindy Valence. Subsequent to the AGM, Pierre Beaudoin was re-appointed as Chairperson of the Board of Directors. New Omnibus Equity Incentive Plan The new Omnibus Equity Incentive Plan (the "Omnibus Plan") replaces the Company's previous stock option plan and introduces a best-practice framework to attract and retain personnel through a broader range of equity-based awards. Under the Omnibus Plan, a rolling 10% share reserve will apply to all awards, including stock-options ("Options"), restricted share units ("RSUs"), performance share units ("PSUs"), and deferred share units ("DSUs"). The total number of common shares reserved for issuance under the Omnibus Plan, at any time, will not exceed 10% of the Company's issued and outstanding common shares. All outstanding stock-options granted under the previous plan will continue under the Omnibus Plan, unless the new plan materially impairs the rights of existing holders, in which case the terms of the original plan will remain in effect. A full copy and summary of the Omnibus Plan is available in the Company's management information circular dated May 7, 2025, which can be accessed under Radisson's profile at and on the Company's website at Grant of Equity Incentives Subsequent to the AGM, the Board of Directors authorized the grant of an aggregate of 2,739,014 stock-options, to directors, officers, employees and consultants of the Company. The Options have an exercise price of $0.425 per share, are exercisable for a period of five-years from the date of grant and will vest as follows: one-third on the date of grant, one-third on the first anniversary of the date of grant and one-third on the second anniversary. In addition, the Board of Directors authorized the grant of an aggregate 966,416 RSUs to officers of the Company and 541,176 DSUs to independent directors of the Company. A total of 262,004 RSUs vest on the first anniversary of the date of grant. The balance of the RSUs vest as follows: one-third on the first anniversary of the date of grant, one-third on the second anniversary and one-third on the third anniversary. The Options, RSUs and DSUs were granted in accordance with the Omnibus Plan. Radisson Mining Resources Inc. Radisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. The Bousquet-Cadillac mining camp has produced over 25 million ounces of gold over the last 100 years. The Project hosts the former O'Brien Mine, considered to have been Québec's highest-grade gold producer during its production. Indicated Mineral Resources are estimated at 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au), with additional Inferred Mineral Resources estimated at 0.45 million ounces (1.60 million tonnes at 8.66 g/t Au). Please see the NI 43-101 "Technical Report on the O'Brien Project, Northwestern Québec, Canada" effective March 2, 2023 and other filings made with Canadian securities regulatory authorities available at for further details and assumptions relating to the O'Brien Gold Project. For more information on Radisson, visit our website at or contact: Matt MansonPresident and CEO416.618.5885mmanson@ Kristina PillonManager, Investor Relations604.908.1695kpillon@ Forward-Looking Statements This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the closing of the Offering, the planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the ability to incorporate new drilling in an updated technical report and resource modelling, the Company's ability to grow the O'Brien project and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the drill results at O'Brien; the significance of drill results; the ability of drill results to accurately predict mineralization; the ability of any material to be mined in a matter that is economic. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Herald Scotland
06-06-2025
- Business
- The Herald Scotland
'Landmark moment' hailed by Scotch whisky industry
For an industry that continues to face so much uncertainty with regard to US tariffs, it was a welcome breakthrough. Indeed, as noted in one of Business Voices columns in The Herald, the Scotch Whisky Association responded to the signing of the UK-India free trade agreement with unrestrained joy. Chief executive Mark Kent hailed the deal as a 'once in a generation deal and a landmark moment for Scotch whisky' which has the potential to increase exports to India by £1 billion over the next five years, and help the industry create a further 1,200 jobs across the UK. My column noted: 'There is certainly no doubt the deal has come at a crucial time for the Scotch whisky industry. Over the last couple of years, distillers have seen sales come under pressure in key markets such as the US and China as a range of geopolitical and macroeconomic challenges have undermined demand.' However, the article emphasised that it was important to not get carried away with regard to the potential of the UK-India deal. 'The breakthrough in India will certainly help the sector in the long run, but it would perhaps be naïve to think that every Scotch whisky distiller will benefit, with the bigger players tending to find it easier to succeed in exports market than their smaller counterparts,' the piece stated. 'Moreover, even by year 10 of the new free trade deal, Scotch whisky exporters will still face tariffs of 40% in India. Read more: 'However, the new accord with India is certainly a step in the right direction in a highly uncertain world.' The hospitality industry in Glasgow was in the spotlight in May too. As I reported exclusively in The Herald, Regent Property Group has lodged a planning application for what is proposed to be the first Radisson apart-hotel in the UK in the city of Glasgow. Regent is proposing to develop the new-build concept on the site of several dilapidated buildings, including the former Fury Murry's nightclub at 90-96 Maxwell Street, and heralded the plans as an opportunity to help 'revitalise' the St Enoch area. Jay Singh, director of Glasgow-based Regent, said he approached Radisson with the concept after witnessing the growing popularity of apart-hotels in the wake of the coronavirus pandemic. Asked what has given Regent the confidence to invest in Glasgow in the current climate, Mr Singh told The Herald: 'We are a long-established Glasgow family business, we love Glasgow, and we want to invest in our city. 'We appreciate there are concerns about the city centre but there are a lot of exciting projects that have the potential to transform the city – and we believe our Maxwell Street project is one of them.' Adela Cristea, vice-president of business development for the UK, Ireland and Nordics at Radisson Hotel Group, highlighted the impact made by the Radisson RED hotel on the banks of the River Clyde, next to the OVO Hydro, as a key factor in its decision to bring the apart-hotel concept to the city. Coincidentally, Regent's move to lodge the planning application was quickly followed by news of Forrest Group, owner of the city's popular Radisson RED Hotel, reaching a milestone in its latest project in the city. Forrest released footage of the newly restored cupola being lowered into position on the North Rotunda which it is in the process of transforming into a live music and wedding venue. The cupola, a recreation of the original feature, was handcrafted from oak and lead at a cost of £100,000. As I noted in a Business Voices column, these projects contributed a growing sense that Glasgow is finally beginning to show signs of making a real recovery from the many challenges whose arose from the pandemic period. 'In isolation, it would be wrong to overstate the impact that individual projects such as the proposed Radisson apart-hotel and North Rotunda music venue will have on the overall economy of the city,' I wrote. 'But what they do signal is that successful business people can see a brighter future for Glasgow beyond the malaise that has dogged the city and are prepared to underpin that sentiment with serious investment.'
Glasgow Times
05-06-2025
- Business
- Glasgow Times
Plan to demolish Glasgow building for unique Radisson hotel
A planning application has been submitted to pull down the structure at 90 and 96 Maxwell Street, near St Enoch Shopping Centre. Documents state the sites are in "severely dilapidated physical condition and their repair or re-use is just not economically viable". It continued: "The loss of the existing buildings will be regrettable. However, within the evolving local context, the loss will be significantly outweighed by the cultural (and social and economic) benefits of the new site. READ NEXT:Proposal for homes replaces youth homeless shelter plan Proposed hotel (Image: Sourced) Current site (Image: Sourced) Radisson Hotel interior (Image: Sourced) (Image: Sourced) READ NEXT: Last-minute plea to save historic Glasgow building as decision looms Instead, developer Regent Property Ltd is proposing to build a hotel/serviced apartments, which would be run by Radisson. Papers reveal that the collaboration would be a UK-first hotel concept and consist of "a combination of stylish contemporary standard and superior bedrooms, along with spacious luxury studio and one-bed apartments in the signature Radisson design". If successful, the new accommodation will have 169 hotel rooms, 78 serviced apartments. A lounge, a high-end rooftop bar and a "stunning destination restaurant" are also proposed and would be open to members of the public. On the ground floor, a gym and a meeting space are also proposed. The application said: "The proposed Apart Hotel offers a unique opportunity for Glasgow to reinvigorate a pocket of the city which has become 'backland' to the St Enoch Centre. "Despite the difficulties associated with such a small site, the proposal successfully integrates a new and improved public realm at the ground floor, maximising opportunity for active frontage." Glasgow City Council planning officials are expected to make a decision on the bid by Monday, September 15. This planned hotel would be next to 222 Clyde Street, a mixed-use development, which received planning permission from the council in 2018. Currently an empty site next to the Virgin Hotel, the building is expected to be 54.5m tall. (Image: Proposed view from the Clyde) once both buildings are finished 222 Clyde Street proposal (Image: Proposed view from the Clyde) (Image: Proposed view from the Clyde)
