Published on : Friday, February 15, 2019
The group will see their existing portfolio grow in the country through this partnership. There will be six hotels and around 1,000 rooms by 2025.
Since 2015 SunnySeeker Hotels has partnered with the for Radisson Hotel Group in Cyprus.
Both the companies considered the agreement as a valuable opportunity for both the companies to make the most out of both the companies and global presence.
Radisson Hotel Group will work closely with SunnySeeker Hotels to develop and deliver new hotels on the Mediterranean island.
Elie Younes, chief development officer, Radisson Hotel Group was excited to have signed this master development agreement with SunnySeeker Hotels as their trusted partners in Cyprus.
He was glad to extend their collaboration in a market where they can grow their portfolio in line with an aligned expansion plan.
So far, Radisson Hotel Group’s existing portfolio in Cyprus consists of three Radisson Blu and Radisson properties (and approximately 500 rooms) in operation or under development.
By 2025 the agreement will see this double to six hotels and almost 1,000 rooms.
Antonis Hadjinicolas, general manager of SunnySeeker Hotels, said that he was happy to build on the longstanding relationship with the Radisson Hotel Group and will be working closely to develop several exciting opportunities in Cyprus.