Radisson Taking the Company-Owned Route

<b></b>
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Minneapolis-After a decade of letting franchisees operate most of its hotels, Radisson Hotels & Resorts is bringing control back in-house. As the first step in its goal of owning about half of its portfolio, parent company Carlson Hospitality Worldwide added more than 20 new hotels in the first half of 2001, most of them company-owned.

As recently as 1999, just 16 percent of the company's 400 Radisson hotels were company-owned. Carlson projects those figures as doubling by the end of this year. -CityBusiness

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

It Started As a Joke and Turned Into a Startup That Raised $1 Million in Funding