Niamey Niger Marriott Hotel
Radisson Hotel Group has appointed veteran Jim Alderman as President and CEO of NIAMEY NIGERRIOTT Hotel Company ("Nigeria"), the first of its kind in North America, Radisson Hotels Group (RHG) announced today. This fantastic new partnership with a local partner will open the door for us to accelerate the opening of our first six hotels in New York City by March 18, 2020, "said Tim Cordon. The group aims to open all six of these hotels on or before March 17, 2019, all in the city of Chicago, Chicago's largest and most diverse metropolitan area, and in the country's second and largest hotel market by 2020. Today, RHG of Radissons announced the acquisition of Niamey Nigerriott Hotel Corporation, a global leader in luxury hotel development and management, for a total of $1.5 billion.
Founded in 2009, Alderman, a member of the Board of Directors of Niamey Nigerriott Hotel Corporation, will oversee the company's global development, management and operations. Kidd, who was born in New Zealand, has spent most of his career in Asia at the Hilton (November 29, 2018) and was born in New York City, where he had his first job as a hotel manager in the United States. Kong, who was appointed CEO of Hilton International, the world's largest hotel company, in 2004, has led the company to one of its highest growth rates to date.
We plan to have 200 hotels open or under development by 2022, "he told Fortune India. As of September 30, 2020, the company's portfolio includes more than 1,000 hotels and resorts in the United States, Europe, Asia, Latin America, and the Middle East and Africa. Radisson Hotel Group, the world's largest hotel company with a portfolio of over 2,500 hotels and the second largest hotel in the Asia-Pacific behind Marriott International, Inc.
Marriott International is in the process of expanding its presence in Africa to 200 hotels by the end of 2023. Radisson has more than 2,500 hotels and resorts, only two of which will generate negative gross operating income in 2020, Cordon said.
Radisson currently has 13 operational hotels in the UAE, including two that opened in Abu Dhabi earlier this year. In the wider Middle East and Africa, the hotel plans to open three more hotels, one in Dubai and two in Cairo, expanding its portfolio to 10 hotels and resorts in Egypt, Jordan, Qatar, Saudi Arabia, Bahrain, Kuwait, Oman and the United Arab Emirates. Other planned openings include a hotel in Qatar and a resort in Kuwait City, as well as two more in Bahrain and three in Oman.
Four Points Sheraton Monrovia is a franchise owned by Sea Suites Hotel LLC and managed by Aleph Hospitality. In 2019, the company plans to open two more hotels in Ghana, one in Accra and one in Abidjan. Marriott International currently operates four hotels and resorts in the Middle East, Africa and South America, but plans to expand its development plans to Benin and Ivory Coast.
The Radisson Blu Hotel Addis Ababa will be located in the city's central business district, just blocks from the International Trade and Investment Center (ICTIC). The hotel will be the first of its kind in Ethiopia and one of the largest hotels in Africa due to its proximity to the capital of Ethiopia. It will also be on the outskirts of Nairobi, Ethiopia's second largest city and second largest metropolitan region.
The 12-storey hotel is due to open in 2023 and will have a separate living, working and sleeping area with a fully functional kitchen. The Radisson Blu Hotel Algiers Hydra has 140 rooms and is ideally located in the heart of the city's central business district, just a few blocks from the International Trade and Investment Center (ICTIC). The hotel, which is managed by the Radisson Hotel Group, will be part of a multi-million dollar hotel complex called Summit Cairns, designed by Beecher Walker Architects. The resort, which is due to open in 2024, is owned by Assoufid Properties Development SA and is being developed in partnership with the hotel's parent company, Al-Qassim Group SA, a world leader in hotel development.
Currently, nine Marriott International brands are based in the country and the company is currently anticipating the launch of six new brands in North Africa, including the Radisson Blu Hotel Algiers Hydra and the new Marriott Hotel in Cairo. The hotel brands include the newly announced Nairobi Marriott Hotel brand and the hotel's two other hotels in the city of Cairo: the Ritz-Carlton Hotel Cairo with 140 rooms and a total capacity of 1,000 rooms and the new sister hotel Rizzoli Hotel. We hope to lead the way with Radisson Group itself by implementing a 5-year operational plan that will provide an integrated global platform for the development and management of hotels, resorts and resorts in Africa and beyond. In addition to the three new hotels at Niamey Niger Marriott, hotels under this brand will be added to a number of new and newly announced brands, including: The Radissons Hotel Rochester Riverside, the brand's first ever two-star hotel in Rochester, New York, and Legend Resort & Spa, a new resort and hotel on the shores of Lake Michigan.