Radisson Hotel Group will be introducing its Radisson Blu and Radisson brands to central China, with the signing of two new hotels, Radisson Blu Wuhan ETD Zone and Radisson Wuhan Optics Valley in the city's high-tech business and development zones.
In addition to having more to spend, travelers have increased the amount they spend on travel by 40 per cent this year, compared with last year. The increasingly influential millennials are spending unprecedented amounts on travel, with those born after 1990 increasing their travel spend by 80 per cent this year.
The development comprises a refurbishment of one of the citys finest buildings - the art-deco former headquarters of Shanghai Power Company on Nanjing Road, built in 1929
The hotel, which is currently under construction and expected to open in late 2019, is located less than two hours from the nation's largest metropolis, Ho Chi Minh City, and Tan Son Nhat International Airport. It will also be just 60km from the planned Long Thanh International Airport, set to become a major air gateway for Vietnam and the entire ASEAN region.