Carlson Rezidor has signed its second Park Inn by Radisson hotel in the Philippines, with plans to open up to five more.
The hotel company has penned a management agreement with SM Hotels & Conventions Corporation for the 150-room Park Inn by Radisson Clark. Expected to open in 2016, it will become the second midscale Park Inn by Radisson hotel in the Philippines, following an existing property in Davao.
And under a new development agreement, Carlson will work with SM Hotels & Conventions on five additional locations for the Park Inn by Radisson brand. Opening over the next five to eight years, the new developments will be located in destinations including Manila and Iloilo City.
“In 2011, we implemented a growth strategy based on forming strategic partnerships across select countries in Asia Pacific that would provide multi-hotel platforms. So far 2013 has delivered two strategic partnerships – one in India with Bestech Hospitalities and one in Indonesia with Panorama Group. In addition, our strong relationship with partners including SM Hotels & Conventions Corporation in the Philippines, is enabling us to drive incremental growth potential of at least 100 hotels in Asia Pacific,” commented Simon Barlow, Carlson Rezidor’s president for Asia Pacific.
There are currently four Park Inn by Radisson hotels operating in Asia Pacific, with a further eight due to open by 2016.