The well known Radisson hotel chain is expanding its brand to Nicosia, as the hospitality sector in the capital is undergoing major changes.
Marios Polyviou, the CEO of the managing company Sunnyseeker Hotels, told Kathimerini Cyprus there were new opportunities in the capital.
Polyviou, who has been traditionally focusing on Larnaca in previous years, said there were opportunities in the Nicosia market along with important changes in the hotel industry of the capital.
Radisson’s expansion into Nicosia follows a number of investments in the capital by Greek-based NGB Pangaea
Radisson’s expansion into Nicosia follows an investment by Greek-based NGB Pangaea into Hilton properties. Pangea also made headlines last year when it announced it would turn Holiday Inn downtown into a Wyndham luxury property.
The Radisson Blu Nicosia will be located in the heart of the town centre, on Salaminos Street, offering 180 rooms. It will also focus on drawing business guests, featuring convention and conference space of about 500 square metres.
A Radisson Blu Hotel has already opened in Larnaca while a second property in the southern town, the Radisson Beach Resort Larnaca, is expected to open its doors next year.
Sunnyseeker Hotels has been a partner with Radisson Hotel Group since 2015, with current business plans aiming to have six hotels in operation by 2025, offering 1000 rooms combined in all their properties.