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Rezidor opened and signed ten hotels in Q1 2013


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-04-16 09:02:56 -

Rezidor,  one of the most dynamic hotel  companies worldwide and a member of the
Carlson  Rezidor Hotel Group,  signed five new  hotels with over 1,000 rooms and
opened  five properties with 940 rooms in the  first quarter of 2013. At the end
of Q1 2013, Rezidor's operating portfolio comprises 338 hotels with over 74,000
rooms in 56 countries across Europe, the Middle East and Africa.

"The  signing of new projects in  Nigeria, Turkey, Ukraine and Russia underlines
our  commitment to strategic, asset-light and  profitable growth in the Emerging
Markets of Russia and Africa", commented Wolfgang M. Neumann, President & CEO at
Rezidor. The key signing was the Radisson Blu Sheremetyevo Airport Hotel, Moscow
which  will  be 
the only hotel with a direct walkway link to the terminals. Sheremetyevo International Airport has the largest capacity of any airport in Russia and serves over 22 million passengers annually. "With this agreement Rezidor continues to fortify its position as the leading international hotel operator in Russia/CIS and as one of Europe's most important airport hotel operators", said Elie Younes, Senior Vice President & Head of Group Development at Rezidor. In Russia/CIS, Rezidor's portfolio comprises 32 hotels with 8,700 rooms in operation and 28 hotels with 6,700 rooms under development. Rezidor's recent openings, including the flagship Radisson Blu Hotel, Maputo, Mozambique also strengthen the group's leading position in Emerging Markets: Across all of Africa, Rezidor is operating and developing 49 hotels with almost 10,000 rooms, and has the largest pipeline of hotels under development in sub- Saharan Africa. Rezidor's openings in Q1 2013 - all under management and franchise contracts - are: Radisson Blu Riverside Hotel, Gothenburg, Sweden 265 rooms Radisson Blu Hotel, Maputo, Mozambique 154 rooms Radisson Hotel, Rosa Khutor, Russia 181 rooms Park Inn by Radisson Amsterdam Airport Schiphol, 150 rooms Netherlands Radisson Blu Hotel, Dortmund, Germany 190 rooms ------------------------------------------------------------------------------- Total 940 rooms Asset & Contract Management continues to be another strategic priority for Rezidor. In line with Rezidor's asset-light strategy, two leased hotels in Sweden have been converted to franchises, the Park Inn by Radisson Malmö and Park Inn by Radisson Hammarby Sjöstad. As part of the group's turnaround programme Route 2015, Rezidor also announced the renegotiation and extension of two important leases in Western Europe: the Radisson Blu Hotel, Amsterdam and the Radisson Blu Hotel, Wiesbaden. The Radisson Blu Hotel, Amsterdam is one the most prominent properties in the company's portfolio, benefitting from a prime location in one of the best performing hotel markets in Europe. The hotel is undergoing a large-scale renovation, partly funded by the owner. Meanwhile the Radisson Blu Wiesbaden - Germany's oldest luxury hotel - will undergo a major joint renovation to give new life and grandeur to this historic landmark. "I am very happy with these extensions. They will be margin enhancing and thereby supportive of our Route 2015 turnaround plan", ended Neumann. For further information, contact: Christiane Reiter, Senior Director Corporate Communication, christiane.reiter@carlsonrezidor.com Renu Snehi, Senior Director Corporate Communication, renu.snehi@carlsonrezidor.com About the Rezidor Hotel Group The Rezidor Hotel Group is one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, one of the world's ten largest hotel groups. Rezidor features an operating portfolio of more than 335 hotels in operation with over 74,000 rooms in 56 countries across Europe, the Middle East and Africa. Rezidor operates the brands Radisson Blu and Park Inn by Radisson in Europe, the Middle East and Africa, along with the Club Carlson(SM) loyalty programme for frequent hotel guests. Under a worldwide licence agreement with the iconic Italian fashion house Missoni, Rezidor also operates and develops the luxury lifestyle brand Hotel Missoni. In September 2012, Rezidor signed a strategic alliance agreement with Regent Hotels & Resorts to develop and operate new Regent properties in Europe, the Middle East & Africa. Since November 2006, Rezidor is listed on the Stockholm Stock Exchange (REZT). Carlson, a privately held, global hospitality and travel company, based in Minneapolis (USA), is the majority shareholder. The Corporate office of The Rezidor Hotel Group is based in Brussels, Belgium. For more information, visit www.rezidor.com. Press release PDF: hugin.info/142138/R/1692969/556341.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Rezidor Hotel Group via Thomson Reuters ONE [HUG#1692969]


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