2012-10-08 14:39:17 -

Rezidor  announces the signing of nine new hotels featuring over 2,000 rooms and
opening  of four  new hotels  with more  than 600 rooms  in the third quarter of
2012. Year-to-date,  the group added 26 hotels  with 5,900 rooms to its pipeline
and opened 13 hotels featuring 2,900 rooms.

As  a crucial part  of the Route  2015 target, Rezidor continuous  to signal its
commitment  to asset-light growth strategy focusing on profitable growth through
management  and franchise contracts in emerging markets. Almost all openings and
signings  in the  third quarter  were fee-based  and in  the emerging markets of
Eastern Europe, the Middle East and Africa.

The  third  quarter  new    openings  include  two new-build hotels in sub-Saharan
Africa,   where   there   is   a   shortage  of  internationally  branded  hotel
accommodation,  including Radisson Blu  Hotel, Lusaka in  Zambia and Park Inn by
Radisson,  Téte in Mozambiqe.  Rezidor has currently  22 hotels (5,400 rooms) in
operation and another 27 hotels (5,600 rooms) in the pipeline in Africa.

The third quarter saw the opening of the following hotels, all under management
and franchise contracts:

Park Inn by Radisson, Tete, Mozambique         117 rooms

Radisson Blu Resort, Bukovel, Ukraine          252 rooms

Park Inn by Radisson, Odintsovo Moscow, Russia 121 rooms

Radisson Blu Hotel, Lusaka, Zambia             142 rooms



As part of the company's ongoing efforts in Asset & Contract Management, Rezidor
also  successfully  completed  the  extension  of  a portfolio of six management
agreements.  The total  portfolio features  1,400 rooms, including five Radisson
Blu hotels in the Middle East and one Park Inn in France. These hotels represent
a  significant brand presence in  the region and are  of strategic importance to
Rezidor.

Rezidor  has  also  renewed  an  important  lease agreement for the Radisson Blu
SkyCity  Hotel,  Stockholm-Arlanda  Airport,  confirming  the strategy to secure
profitable  leases. This extension  also includes the  operation of the adjacent
conference centre and addition of 30 new rooms to the hotel inventory. With this
signing, all of Rezidor's profitable leases with initial expiration before 2015
have now been successfully extended.

In  September  2012, Rezidor  also  signed  a  Strategic Alliance Agreement with
Formosa  International  Hotels  Corporation  (FIH),  to develop hotels under the
Regent  Hotels & Resorts brand in the  EMEA region with exclusive rights for the
Middle  East, Africa, Russia, CIS and  Baltics. This alliance broadens Rezidor's
brand  scape to feature luxury segment,  in addition to upper up-scale (Radisson
Blu),  mid-market  (Park  Inn  by  Radisson)  and  fashion  hotel segment (Hotel
Missoni).

The  continued momentum of openings and signings, and strategic partnerships are
helping  Rezidor to  deliver firmly  on its  Route 2015 target  of uplifting the
EBITDA  margin by 6-8 percentage points by  2015. By the end of September 2012,
Rezidor operated 335 hotels with 73,200 rooms in 56 countries across Europe, the
Middle  East and Africa.  The group's portfolio  features additional 100+ hotels
and 21,800 rooms in the pipeline.

For further information, kindly contact:

Christiane Reiter, Senior Director Corporate Communication
+32 2 702 9331, christiane.reiter@carlsonrezidor.com

Renu Snehi, Senior Director Corporate Communication
+32 2 702 9241, renu.snehi@carlsonrezidor.com

Ebba Vassallo, Director Investor Relations
+32 2 702 9286, ebba.ankarcrona@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 a portfolio of more than 435 hotels in operation
and under development with over 95,000 rooms in 71 countries. 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/1647249/530944.pdf



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Source: Rezidor Hotel Group via Thomson Reuters ONE
[HUG#1647249]