Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing Investments
Radisson Hotels is a multi-brand hotel chain with a worldwide presence. Its brands include several using the Radisson name, as well as other brands like Park Plaza Hotels & Resorts and Country Inn & Suites. In June 2022, Radisson Hotel Group agreed to sell Radisson Hotels Americas to Choice Hotels for $675 million.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsStopped investment, all our Radisson Hotel Group properties in Russia are owned by third parties and we continue to operate in some capacity as we play a key role in supporting employees and local communities. Suspended new partnerships and new investments in Russia. Still operate 38 hotels.