BUSINESS

Nikhil Sharma is appointed Managing Director and ASVP for South Asia by the Radisson Hotel Group

With effect from April 1, 2024, Nikhil Sharma has been named as the Managing Director and Area Senior Vice President (ASVP) for South Asia by the Radisson Hotel Group, which made the announcement on Wednesday. With more than 165 hotels now under construction or in operation, Nikhil Sharma will take the helm of Radisson Hotel Group’s operations in South Asia in his new position. “With his extensive background, he will be instrumental in fortifying the Group’s dominance in the Indian market, fostering connections with its esteemed associates, propelling income expansion, and guaranteeing optimal functioning,” the organization said.

From Wyndham Hotels & Resorts (WHR), where he held the position of Market Managing Director Eurasia and was in charge of operations, sales & marketing, new openings, and business development, Nikhil Sharma is joining the Radisson Hotel Group. Prior to joining Wyndham Hotels & Resorts, he was the Chief Operating Officer of Ginger Hotels, a division of the IHCL group. He was one of the original founders of the Lemon Tree Hotel Company as well.

“We are committed to bolstering our leadership team and promoting strategic development in South Asia, as shown by Nikhil’s hiring. Chema Basterrechea, Global President & Chief Operations Officer at Radisson Hotel Group, stated, “This region is a key market for us. With Nikhil’s strategic vision and deep understanding of the industry, we are confident in our ability to further elevate our presence and deliver exceptional experiences to our guests.”

“Over the last 25 years, the Radisson Hotel Group has established a reputation for providing millions of visitors with unforgettable experiences and unmatched hospitality. We have expanded our footprints in areas that are exclusive to the Group by using the combined efforts of our staff to create a first-movers advantage. KB Kachru, Chairman, South Asia at Radisson Hotel Group, said, “We are happy to welcome a dynamic leader like Nikhil to steer us ahead in this journey and wish him the best for leading Radisson Hotel Group’s next phase of growth in South Asia.”

“I am ecstatic to lead South Asia during this exciting time of expansion and to be a part of the Radisson Hotel Group.” The Group is well-positioned to be the best option for both asset owners and passengers thanks to its wide range of brands and hotels. Nikhil Sharma, Managing Director and Area Senior Vice President (ASVP), South Asia at Radisson Hotel Group, expressed his gratitude for the chance to lead innovation, produce outstanding outcomes, and enhance the brand while adding value for our stakeholders.

The Radisson Hotel Group is currently developing and operating around 165 properties. It has profited from being the early mover in tier-II and tier-III markets, with over 50% of its portfolio located in these areas. Radisson Hotel Group operates under brands such as Radisson Blu, Radisson, Radisson RED, Park Inn by Radisson, Park Plaza, Park Inn & Suites by Radisson, Country Inn & Suites by Radisson, and Radisson Individuals and its extension Radisson Individuals Retreats. The company has hotels spread across more than 70 locations in India. Furthermore, the Group plans to establish the first hotel under its premium lifestyle brand, Radisson Collection, very soon.

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