Message from Federico J. González-Tejera
President and CEO, Radisson Hospitality AB
Chairman of the Global Steering Committee, Radisson Hotel Group
It is a pleasure to share with you our results for 2018. During the year, we have made strong progress with our five-year operating plan – launching 25 new initiatives alongside the new Radisson Hotel Group name and its new brand architecture.
We are still at an early stage of our five-year plan, but everything seems to indicate that we are on track to one day become one of the three top-of-mind hotel groups in the world. 2018 has seen us make great strides towards that goal.
Beyond developing our brand portfolio, we have significantly optimized our revenue-generating capabilities and step changed our operational abilities and results.
Importantly, despite being a year of investments, the Company has reported the highest EBITDA in its history.
We are in a strong position to face the challenges of 2019 and beyond.
As you know, as we publish this report, the Group has been delisted following its acquisition by Jin Jiang International.
This makes now a good moment to thank every single one of our shareholders for the support you have given us over the years since we opened and first went to market in 1960.
All of us appreciate the trust you have put into Radisson Hotel Group and we hope to see you in the future – not only as guests but as ambassadors of this exceptional company, its hotels and its people.