Carlson Rezidor signs deal for Park Inns in India

Carlson Rezidor Hotel Group on Monday announced a partnership with Bestech Hospitalities in India to invest US$42 million to develop the Park Inn by Radisson Gurgaon Sector 88 and Park Inn by Radisson Chandigarh, Mohali. Bestech will have exclusive development rights for the brand in central and north India with the goal to develop 49 hotels by 2024 in north and central India.

Carlson Rezidor will manage the hotels through a management company in which Bestech is a partner. This next generation of Park Inn by Radisson is being developed with a strong focus on the growing middle class in key emerging markets of India.

The 11 states covered by the partnership are Chattisgarh, Chandigarh, Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh and Uttrakhand.

Founded by Dharmendra Bhandari and Sunil Satija, Bestech is a real estate leader in India and has more than two decades of expertise in commercial, residential, retail, construction and hospitality developments. Five of Bestech’s properties have been branded Radisson Blu and Park Plaza hotels.

The Park Inn bedroom prototype
The Park Inn bedroom prototype