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40. Radisson

Last Year's Rank: 37

Investment Range: Over $1 Million

Category: Hotel Travel

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Company Description

Radisson Hotels is a subsidiary of Carlson Companies, a hotel-holding corporation based in Minnetonka, Minnesota. The base Radisson brand has more than 150 hotels globally, and has sister brands of Radisson Blu and Radisson Red.

The Radisson Blu brand, formally Radisson SAS, is an upscale chain of full service hotels mostly located outside of the United States. As of December 2015, Radisson Blu brand has 294 hotels throughout the world, and 102 hotels under development.

Following the trend of most recent hotels, Radisson launched a hotel brand for millenials, Radisson Red, in 2015. The first hotel opened in Brussels in 2016, and the brand plans to have a target of 60 locations in 2020.

Company Statistics

Global Sales: $3,700,000,000*

US Units: 95

International Units: 388

Total Units: 483

Percent Franchised: 51%

% International Units: 80%

US Franchised Units: 85

International Franchised Units: 161

*Franchise Times Estimate

Updated Statistics

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