Carlson Hotels said Friday that it bought a majority stake in RHW Hotel Management Services, a major hotel management and consulting services company in India.
A course was brand management Carlson Hotels in subcontinent since 1998. Financial terms of the transaction were not disclosed.
"This acquisition is a natural progression for Carlson as we continue to grow in this key market. We now have a fully integrated organization of India, which supports our Ambition 2015 growth strategy by strengthening our position as the country's largest and fastest growing international hotel operator," said Hubert Joly, Carlson chairman and CEO.
Carlson Hotels, a unit of Minnetonka-based Carlson Cos.. Inc., 1080 hotels include Radisson, Country Inns & Suites By Carlson, Park Inn and Park Plaza brands. Its Ambition 2015 initiative include it spends $ 1500000000 to update her portfolio Radisson, Renovation of existing buildings and the introduction of Blu upscale Radisson brand.
RHW Hotel Management Services helps business acquisition because it triple the number of hotels operating in India, Adding 50 properties in the Asian market by the end of 2012. This is a two-thirds of the company intends to offer hotels in Asia Pacific region.
Carlson Hotels acquires RHW Hotel Management Services in India - Minneapolis / St. Paul Business Journal.
A course was brand management Carlson Hotels in subcontinent since 1998. Financial terms of the transaction were not disclosed.
"This acquisition is a natural progression for Carlson as we continue to grow in this key market. We now have a fully integrated organization of India, which supports our Ambition 2015 growth strategy by strengthening our position as the country's largest and fastest growing international hotel operator," said Hubert Joly, Carlson chairman and CEO.
Carlson Hotels, a unit of Minnetonka-based Carlson Cos.. Inc., 1080 hotels include Radisson, Country Inns & Suites By Carlson, Park Inn and Park Plaza brands. Its Ambition 2015 initiative include it spends $ 1500000000 to update her portfolio Radisson, Renovation of existing buildings and the introduction of Blu upscale Radisson brand.
RHW Hotel Management Services helps business acquisition because it triple the number of hotels operating in India, Adding 50 properties in the Asian market by the end of 2012. This is a two-thirds of the company intends to offer hotels in Asia Pacific region.
Carlson Hotels acquires RHW Hotel Management Services in India - Minneapolis / St. Paul Business Journal.
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