Rezidor opens nine hotels in Q1-2018

24 Apr 2018

Rezidor Hotel Group AB (REZT), publicly listed on Nasdaq Stockholm, Sweden and part of Radisson Hotel Group announces nine new hotel openings representing close to 1,700 rooms in the first quarter of 2018. This includes the addition of the Radisson Blu Hotel, Dubai Waterfront – a new 432-room flagship named the 'friendliest five-star hotel in Dubai'.

"2018 is off to a great start for Rezidor with great new signings and openings, following the launch of Radisson Hotel Group at IHIF, Berlin. Our new global entity, a new brand architecture, a new five-year operating plan and a renewed asset-right development strategy is in motion, and the first quarter development results show a positive progression across EMEA," said Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group.

One of the key milestones in Q1 2018 was the recognition of Radisson Blu as Europe's largest upper-upscale hotel brand since 2010, according to the global ranking by MKG Hospitality-ON. The brand leads the European hotel market in size and scale, making it number one across the 28 European Union nations plus Norway, Switzerland, Turkey and the Baltics.

"The sheer size and geographical coverage of Radisson Blu demonstrates that it’s a brand of choice for guests and investors alike, and a key driver of our growth strategy worldwide,” added Younes.

One of the key signings of the quarter was the Palazzo Montemartini in Rome, which will join the Radisson Collection in July 2018. The signing of the Palazzo Montemartini – an Italian style icon that opened in 1881 – is a demonstration of how Radisson Hotel Group aims to drive growth in mature markets.

Other notable new hotel openings of this quarter included the Radisson Blu Hotel, Dubai Waterfront, with 432 rooms and suites, located in Dubai’s new trend-setting Business Bay neighborhood. The hotel is the company’s sixth in Dubai and boasts spectacular views of the iconic Burj Khalifa, as well as the newly-opened Dubai Water Canal.

The Austrian capital of Vienna was also a focal market, with the city seeing both the opening of the modern 233-room Radisson Blu Park Royal Palace Hotel, Vienna and the signing of the prizeotel Vienna-City – marking the affordable high design brand's entry into Austria.

A second Radisson Blu hotel opened in Lagos, Nigeria with 155 rooms, and three new Park Inn by Radisson hotels were added in Saudi Arabia (Najran, Dammam Industrial City and Jubail Industrial City) and one in Katowice, Poland.

The group also signed a new Radisson RED in Reykjavik, two prizeotel in Vienna and Düsseldorf, and a Radisson Blu in Timisoara, Romania.

 

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MEDIA CONTACT

 

Lucie Cardona, Director, Corporate Communications, PR & Reputation Management

lucie.cardona@radissonhotels.com

ABOUT THE REZIDOR HOTEL GROUP

Rezidor Hotel Group AB (publ) (REZT), publicly listed on Nasdaq Stockholm, Sweden, is one of the largest hotel companies in Europe, the Middle East & Africa.

Rezidor is a member of the Radisson Hotel Group, 11th largest hotel group in the world. Through a master franchise agreement with Radisson Hospitality, Inc. USA – Rezidor operates and develops Radisson Collection, Radisson Blu, Radisson, Radisson RED, and Park Inn by Radisson, across EMEA; along with the Radisson Rewards loyalty program for frequent hotel guests. Since 2016, Rezidor also owns 49% of prizeotel.

Rezidor Hotel Group features a portfolio of 472 hotels with more than 104,000 rooms in operation or under development in 79 countries across EMEA. The Rezidor Hotel Group and its brands employ 45,500 team members in EMEA. Rezidor has an industry-leading Responsible Business Program and is named one the World's Most Ethical Companies by the US think-tank Ethisphere since 2010.

Rezidor is headquartered in Brussels, Belgium.

For more information on Rezidor, visit www.rezidor.com

For more information on Radisson Hotel Group, visit www.radissonhotelgroup.com

ABOUT THE RADISSON HOTEL GROUP

Radisson Hotel Group™ (formerly Carlson Rezidor Hotel Group) is one of the world's largest hotel groups with eight distinctive hotel brands, more than 1,400 hotels in operation and under development around the world. The Radisson Hotel Group portfolio includes Radisson Collection™, Radisson Blu®, Radisson®, Radisson RED®, Park Plaza®, Park Inn® by Radisson, Country Inn & Suites® by Radisson and prizeotel. Guests can benefit from the newly rebranded Radisson Rewards™ (formerly Club Carlson SM), a global rewards program that delivers unique and personalized ways to create memorable moments that matter to our guests. Radisson Rewards offers exceptional loyalty benefits for our guests, meeting planners, travel agents and business partners. Radisson Meetings™ offers a variety of fully-equipped meeting and event venues featuring fast free Wi-Fi, A/V technology and on-site contacts designed to make every event unique. More than 95,000 global team members work for the Radisson Hotel Group and at the hotels licensed to operate in its systems.

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