Main Photo: The Radisson Hotel Antananarivo Waterfront, Madagascar
Date: April 2019
Location: Antananarivo, Madagascar
Name: Radisson Blu Hotel, Antananarivo Waterfront, Radisson Hotel Antananarivo Waterfront, Radisson Serviced Apartments Antananarivo City Centre
No. of Keys: 168, 30 and 56 apartments
Buyer/Developer: Groupe Talys one of Madagascar’s leading private groups focusing on distribution, real estate and hospitality & leisure sectors.
Radisson Hotel Group currently occupies 31 markets in Africa and just signed an agreement to enter a 32nd one. Antananarivo is to welcome 3 properties – 2 conversions and a construction.
Accommodation supply in Madagascar has been developing along the years on a steady basis.
Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said: “We continue to lead the African pipeline in the upper-upscale segment. This three-deal signing further cements our position and reflects our commitment to the continent. Madagascar is the fourth largest island in the world and has a critical role to play for the region.
Radisson Blu Hotel, Antananarivo Waterfront, will have two restaurants, a bar, a conference area, fitness centre and an indoor pool. A restaurant and the bar will be located on the roof top.
Radisson Hotel Antananarivo Waterfront includes 30 rooms a restaurant, a bar and an outdoor swimming-pool.
Radisson Serviced Apartments Antananarivo City Center provides 56 apartments, a restaurant, a roof top bar and a gym area.
THPT Comment: Radisson Hotel Group operated 16,850 rooms in the MEA region as of January 1st 2019. The group targets 130 hotels and more than 23,000 rooms across the continent by 2022.
First Seen: Hospitality-On.com
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