Powered by

More hotels, flat revenue for Carlson hotel group

Mar 15, 2017 - Star Tribune (Minneapolis, Minnesota)
Board and Executive Moves

Carlson Rezidor Hotel Group said Tuesday it opened the most hotels since the Great Recession but experienced a marginal decline in revenue last year.

The group, which is known for its Country Inns & Suites and Radisson brands, said it opened 77 hotels worldwide, the most since 2009, and signed 122 new properties last year. Currently, its portfolio includes 1,143 hotels and more than 180,000 rooms.

Revenue was $7.2 billion in 2016, down from $7.3 billion in 2015.

The results com...