The Radisson RED Berlin Kudamm is the second Radisson RED hotel in the group's portfolio following the recent opening of the Radisson RED in Serbian capital Belgrade, Reli Slonim, CEO of Arena Hospitality, said in a note on the company’s Linkedin profile on Thursday.
"This is another significant milestone in our vision of expanding and delivering exceptional experiences across various destinations," Slonim added.
The four-star hotel, located in the Charlottenburg area of Berlin, is the first one under the Radisson RED brand in the city. Arena Hospitality already has a number of hotels under other brands across Germany. Arena owns, co-owns, leases, operates and develops full-service upscale, upper upscale and lifestyle hotels, self-catering holiday apartment complexes and campsites in Croatia, Germany, Hungary, Serbia and Austria.
The press release does not disclose the value of the investment in the hotel.