Carlson Rezidor has acquired full ownership of Country Development & Management Services, the joint venture between Country Inns & Suites by Carlson, and Chanakya Hotels. The Country Inns & Suites by Carlson brand in India will now be managed by Carlson Hotels South Asia, the Indian affiliate of Carlson Rezidor Hotel Group. The acquisition also includes four Radisson Blu hotels managed in India by CDMS.
“Carlson Rezidor Hotel Group has been committed to India for 25 years, with our initial growth accelerated due to the quality of our partners and strength of our brands. Our joint venture with Chanakya Hotels, under the leadership of Ranjan Bhattacharya, positioned Country Inns & Suites by Carlson as a leading midscale hotel brand in India. This acquisition, resulting in the full ownership of CDMS, is a strategic move to further strengthen our position as the leading international hotel operator in India. We aim to have 170 hotels in operation and under development by 2020 in the country,” said Thorsten Kirschke, president, Asia Pacific, Carlson Rezidor Hotel Group.
The Country Inns & Suites by Carlson hotel brand has over 500 hotels in operation and in the pipeline globally. There are currently 24 operating hotels in India, and 11 in various stages of development. Carlson Rezidor Hotel Group has 117 operating and under development hotels in India, across 60 Indian cities, including 16 state capitals.
Raj Rana, CEO, South Asia, Carlson Rezidor Hotel Group, said, “India is an important market for Carlson Rezidor Hotel Group, where we offer seven brands from mid-scale to luxury. Country Inns & Suites By Carlson is an integral part of our brand portfolio in the mid-scale segment. We look forward to bringing our management expertise to further drive value to our Country Inns & Suites By Carlson owners. This consolidation will help us in directing our resources more efficiently to support our hotels.”