"The Carlson Rezidor Hotel Group has been India for almost 15 years. Right now, we have 84 operating hotels. We have plans up sleeves to operationalise 170 hotels in India by 2020," he told PTI here.
He was in the city to open Radisson Blu Atria, which will introduce the brand's internationally renowned, service philosophy with sophisticated design and premier accommodation.
"This is third hotel in the city and altogether we have six in Karnataka," he said.
On investments, Rana said the company invests in brands, distribution systems and revenue-driving platforms, and for brick-and-mortar units, the company relies on their partners.
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The company also had signed a deal with Best Tech, a hospitality company which will build 49 park-ins and Radisson Hotels, Rana said.
Asked about acquisition plans in India, Rana said they don't have real estate acquisition and their growth is organic - that is hotel by hotel growth, Rana said.
Rana further said corporate business was their niche market as it brings higher average rates, but are equally strong in leisure and particularly focused on religious destinations.
"We typically follow a sort of hub and spokes strategy to expand base," he said. The hub and spokes strategy is where the company first forays into unexplored market and then expands in other cities of the state, he explained.