Radisson's Growth, Riyadh Air’s Ambitions and Hotels’ Huge Growth

Radisson is prioritizing an "owner-first" approach to its expansion, adding a record 40,000 guest rooms last year and planning significant growth in China. Riyadh Air sees India as a key market for its global network, with increasing Indian visitor numbers and transit flight potential. Skift Research estimates the global accommodation market generated $1.2 trillion in 2023, with moderate growth expected, Asia-Pacific set to overtake Europe, and business travel spending surpassing pre-COVID levels. Radisson's Growth Plan: Fewer Rules for Hotel Owners, China Focus India to Play ‘Crucial’ Role in Riyadh Air’s Global Network Trends in Global Accommodations: Asia-Pacific’s Rise and Business Travel’s Comeback Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry. Subscribe to @SkiftNews and never miss an update from the airline and travel industries.