Radisson Hotel Group Signs With Nine Hotel Group for Radisson RED London Greenwich in the UK

USA, Minnetonka, Minnesota. October 16, 2019

Radisson Hotel Group is delighted to announce the signing of the Radisson RED London Greenwich in the UK. It will be the first property to bring the group's upscale, lifestyle select-service hotel brand to the English capital, joining other UK landmark Radisson RED hotels in Glasgow and Liverpool.

Home to the world's busiest concert and events venue, the iconic O2 Arena, Greenwich puts guests at the heart of the action. From Elton John to Roger Federer, it boasts the biggest names in music, sport and entertainment.

Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said: "Radisson RED is for those who wish to stand out of the crowd and it now lands in London. Opening in 2020, it perfectly blends business and play around the O2. A sincere appreciation goes to our partners for their trust in our people and our brands."

Vivek Chadha, Owner of Nine Hotel Group,said: "We're thrilled to have signed the agreement to bring a Radisson RED hotel to this side of London. Being so close to the multi-purpose O2 arena is hugely exciting, as I believe it's the number one indoor music arena in the world and hosts the best global talent. Our hotel will be a representation of the culture and talent the arena attracts."

Vijay Thakkar, Co-owner of the hotel, said: "We're excited to ink the deal with Radisson Hotel Group to bring a Radisson RED property to London. The hotel shall attract both business and leisure travelers, and I am eagerly looking forward to its grand opening."

Opening in 2020, the Radisson RED London Greenwich will be near so many of London's famous sights. The O2 Arena and its iconic dome is just one of these; the hotel will put guests within easy reach of a ton of museums, the famous Prime Meridian, the legendary Cutty Sark and the cable car offering stunning views over the Thames, Canary Wharf and the City of London itself.

Alongside 70 rooms boasting the unique Radisson RED design, the hotel will offer a bistro, bar, and a gym. The new signing is part of an exciting £8bn project to redevelop Greenwich Peninsula and transform it into a must-visit destination with an array of residential, retail and office space.

When it comes to concerts and events, guests will find it easy to get to the O2 Arena - located within walking distance of the hotel. To reach the hotel (and explore London), there will be plenty of travel options, including major road links, multiple bus routes and a London Underground station not far from the property. London City Airport will also be only five miles from the hotel.

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Hotel Law: A Labor Crisis and Cyber Security

According to a recent study, the hospitality industry accounted for 2.9 trillion dollars in sales and in the U.S. alone, was responsible for 1 in 9 jobs. In an industry of that scope and dimension, legal issues touch every aspect of a hotel's operation, and legal services are required in order to conform to all prevailing laws and regulations. Though not all hotels face the same issues, there are some industry-wide subjects that are of concern more broadly. One of those matters is the issue of immigration and how it affects the ability of hotels to recruit qualified employees. The hotel industry is currently facing a labor crisis; the U.S. Labor Department estimates that there are 600,000 unfilled jobs in the industry. Part of the problem contributing to this labor shortage is the lack of H2B visas for low-skilled workers, combined with the difficulty in obtaining J-1 visas for temporary workers. Because comprehensive immigration reform is not being addressed politically, hotel managers expect things are going to get worse before they get better. Corporate cyber security is another major legal issue the industry must address. Hotels are under enormous pressure in this area given the large volume of customer financial transactions they handle daily. Recently, a federal court ruled that the Federal Trade Commission had the power to regulate corporate cyber security, so it is incumbent on hotels to establish data security programs in order to prevent data breaches. The lack of such programs could cause hotels to face legal threats from government agencies, class action lawsuits, and damage to their brand image if a data breach should occur. These are just two of the critical issues that the December issue of Hotel Business Review will examine in the area of hotel law.