Radisson has signed an agreement with J7 Group,
a leading real estate investment company, for two new hotels in
Islamabad, Pakistan.
Both the Radisson Blu Hotel & Residences,
Islamabad, and Radisson Hotel Islamabad Multi Gardens are expected to open in the next three
years.
“We are very excited to establish a long-term
mutually beneficial relationship with the Radisson Hotel Group,”
said Yaseen Mehsud, CEO, J7 Group. “It is our vision to bring
top-class hospitality to Pakistan to cater to the demands of the
growing travel and tourism industry in the country. We feel that
there is great potential in the hospitality segment in Pakistan
and the demand for international standard hospitality services
remains untapped. The J7 Group remains laser focused on delivering
this need through this strategic partnership.”
The will
be part of a mixed-use development near Islamabad International
Airport, on the main Srinagar Highway in Mumtaz City, an exclusive
suburban housing project.
The development will consist not only of a
hotel with 432 rooms, suites, and serviced apartments, but also a shopping mall with retail and entertainment options,
corporate business floors, lounges for airline crew and
executives, and a banqueting area.
The ,
meanwhile, will be
part of the J7 Emporium mixed-use complex.
The hotel will have 165 rooms, including four executive suites
and a rooftop
restaurant with amazing views of the Margalla Hills and city. A contemporary housing development with a clubhouse,
retail, and other amenities will surround the hotel.
The
J7 Emporium is located in
the heart of Islamabad, just a 20-minute drive from Islamabad
International Airport.
“We are thrilled to execute our development
strategy in Pakistan by bringing two of our brands to Islamabad
and providing guests with world-class hospitality experiences in
this dynamic city,” said Elie Milky, Vice President Development,
Pakistan, the Middle East, Greece, and Cyprus, Radisson Hotel
Group. “Pakistan is a rapidly growing market with tremendous
potential, and we are confident that our globally recognized
brands and service standards will resonate with business and
leisure travelers alike in the country. Many thanks to J7 Group
for their trust, professionalism, and strategic vision for the
country.”
In addition to the J7 Global and J7
Emporium developments, the group indicated that it may, in future,
open more Radisson hotels in other parts of the country.
