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MBD inks pact with Radisson for 50 new luxury, RED hotels

Financial Express Mumbai

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February 24, 2026

MBD GROUP ON Monday signed an agreement with Radisson Hotel Group (RHG) to develop 50 co-branded luxury and lifestyle hotels across India.

- MITALI

This marks a significant pivot towards an asset-light growth strategy in the country’s premium hospitality segment.

The portfolio mix will comprise 80% managed or franchised properties and 20% owned assets, limiting capital intensity while accelerating scale. The brands will be introduced as Radisson Collection MBD Hotels and Radisson RED MBD Hotels, with MBD leading business development, management and franchising across India.

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