Radisson to open serviced apartments in Madagascar

George Sell By George Sell
4 weeks ago | Updated 4 weeks ago

Madagascar: Radisson Hotel Group has signed a portfolio deal for two hotels and a serviced apartment development in Antananarivo, with a total of 254 keys.

The agreement was signed with Madagascar-based real estate company Groupe Talys, and consists of two conversions and one property under construction, with all three scheduled to open in Madagascar's capital Antananarivo in 2020.

The Radisson Serviced Apartments Antananarivo City Center has 56 apartments, an all-day dining restaurant, a rooftop lounge bar and a gym.

The other properties are the Radisson Blu Hotel, Antananarivo Waterfront and the Radisson Hotel Antananarivo Waterfront.

Elie Younes, chief development officer at Radisson Hotel Group, said: "We are thrilled to be contributing to this progression and look forward to an exciting journey with our new partners."

Feride Hassanaly, co-CEO of Talys Madagascar Group, said that the three properties will have a positive long-term impact on Madagascar's tourism industry.

Radisson Hotel Group currently has 89 hotels and more than 17,000 rooms open and under development in Africa. The group remains on track to reach 130 hotels and more than 23,000 rooms across the continent by 2022.

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