Although there is a multitude of Radisson Blu and Park Inn hotels in the Baltics, this will be the first Radisson.
Radisson Hospitality, which is publicly listed on Nasdaq Stockholm and is part of the worldwide Radisson Hotel Group, has announced the signing of a new upscale Radisson-branded property.
Expected to open in late 2018, the Radisson Old Town Riga Hotel will be the first Radisson hotel in the Baltics. The group operates many Radisson Blu and Park Inn hotels in the Baltic region and is on the way to opening Radisson Red hotels too, but this will be the first simply carrying the name Radisson.
The newly branded hotel, built in 1876 by the famous Latvian architect Jānis Frīdrihs Baumanis, is “beautifully situated at the entrance to the Old Town”, Radisson Hotel Group says.
It will offer 60 “designer guest rooms”, a restaurant, bar and meeting rooms as well as a summer terrace.
Currently named the Astor Riga Hotel, it will be rebranded and developed in collaboration with the group’s long-term partner Astor Group.
It is on the eastern edge of the Old Town facing Bastejkalns (Bastion Hill) Park and is next to the 14th-century Powder Tower, originally part of the city’s defensive wall, which has housed the War Museum since 1919.
“This hotel is a great addition to our portfolio in this region, with four of our eight signature brands present in Riga,” said Elie Younes, executive vice president and chief development officer of Radisson Hotel Group.
“With Radisson Old Town Riga on the way, we’re demonstrating our commitment to maintaining our leading position in the Baltics.”
Riga is the biggest city in the Baltic countries and is a vital economic and financial hub in the region. The city also features a UNESCO World Heritage Site in Riga’s Old Town, a key attraction for visitors and a popular entertainment district that features many cultural monuments.
“Astor Group is excited to continue its successful partnership with Radisson Hotel Group, which started in 2016 when we jointly opened the Park Inn by Radisson Residence Riga Barona and Park Inn by Radisson Riga Valdemara,” comments Jizhaku Rubanenko of Astor Group.
“Together we now have four hotels in Riga and are looking forward to introducing two new brands, Radisson Red and Radisson, in the coming months.”