UNITED STATES As many as 20% of the U.S. portfolio of Radisson Hotels & Resorts could leave the system as part of the brand’s US$2.5 billion North America upgrade and modernization initiative.
Radisson expects to terminate about 12% of its U.S. portfolio by the end of next year, Carlson Hotels Chief Operating Officer Thorsten Kirschke tells USA Today. Approximately 40 properties could be fired from the Radisson brand next year, Kirschke says.
Hotels that fail to meet Radisson’s upgraded standards under Carlson’s Ambition 2015 program will be eliminated. So far, Kirschke says about 77% of U.S. Radisson properties have made the upgrades or are committed to making them.