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'Tier 2, 3 & 4 markets are setting their own price trends'

Financial Express Delhi

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November 11, 2025

Radisson Hotel Group on Monday signed its fourth luxury property under the Radisson Collection brand, to be located at Panvel, near the Navi Mumbai International Airport. The signing marks the debut of the luxury brand in Maharashtra, after Srinagar, where the group operates a 212-room hotel, while Udaipur and Jaipur have a property each under construction.

Nikhil Sharma, MD & COO, South Asia, Radisson Hotel Group, highlights the company’s priorities in the luxury space and its growth in tier 2, 3 and 4 markets during an interview with Viveat Susan Pinto. Excerpts:

What is the roadmap for the luxury portfolio in India?

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