Carlson Rezidor signs a new Radisson Blu in Riyadh
The Carlson Rezidor Hotel Group, one of the fastest growing hotel companies in the world, is pleased to announce the signing of the Radisson Blu Hotel, Riyadh Al Sahafa in the Kingdom of Saudi Arabia. This takes the group's portfolio in Saudi Arabia to 36 hotels in operation and under development, with six hotels in Riyadh alone. Radisson Blu Hotel, Riyadh Al Sahafa will open in Q1 2019.
The hotel's location in the North Business District of Riyadh offers first class accessibility to King Khalid International Airport and is at the intersection of major highways, Olaya Street and King Fahd Road. Radisson Blu Hotel, Riyadh Al Sahafa is located close to Riyadh's new King Abdullah Financial District (KAFD), which is also scheduled to open later this year to become one of the region's major financial hubs.
Elie Younes, Executive Vice President & Chief Development Officer of Carlson Rezidor Hotel Group, said, "We are pleased to continue boosting our presence in the Kingdom of Saudi Arabia, and we appreciate and thank our respected partner, Mr. Abdulaziz Bin Abdullah Bin Sulaiman Bin Akrash for the commitment and contributions they make towards the Saudi 2030 vision in promoting tourism."
"We are confident that the business fundamentals, and the major infrastructure projects being developed in line with the Kingdom's future vision, will help accelerate further economic growth for the country and create more opportunities for Carlson Rezidor Hotel Group to make several valuable contributions to the economy and communities where we operate," added Younes.
The Radisson Blu Hotel, Riyadh Al Sahafa will have 163 rooms and suites, a restaurant and an executive lounge. The meeting and events space of more than 900 sqm includes a ballroom. The leisure facilities will include a gym and male and female spas.
Mr. Abdulaziz Bin Abdullah Bin Sulaiman Bin Akrash said, "We are pleased to enter into an agreement with Carlson Rezidor, one of the world's leading hotel operators. We are excited about our project in the key commercial and financial hub of Riyadh. We look forward to working with one of the world's most ethical hotel companies to bring international expertise and knowledge of the upper upscale hospitality industry."
Riyadh is the largest city in Saudi Arabia and is known as the Kingdom's commercial, education and transportation capital. As the political capital of the region's largest economy, Riyadh hosts numerous government ministries and public services headquarters.
The Carlson Rezidor Group's next hotel to open in Riyadh, later this year, is Radisson Blu Hotel & Residence, Riyadh Diplomatic Quarter. The group's impressive pipeline in Saudi Arabia means it remains firmly on track to achieve its target to operate 100+ hotels across the Middle East by 2020.
Radisson Blu Hotel, Riyadh Al Sahafa will be operated by The Rezidor Hotel Group.
Stephen Kamat, Area Director PR & Communications, Middle East & Turkey
Lucie Cardona, Director Media Relations & Reputation Management
About The Rezidor Hotel Group
The Rezidor Hotel Group is one of the most dynamic hotel companies in the world and a member of the Carlson Rezidor Hotel Group. The group features a portfolio of 484 hotels with over 105,000 rooms in operation or under development in 82 countries.
Rezidor operates the core brands Radisson Blu® and Park Inn® by Radisson in Europe, the Middle East and Africa (EMEA), along with the Club CarlsonSM loyalty program for frequent hotel guests. In early 2014 and together with Carlson, Rezidor launched the new brands Radisson RED (lifestyle select) and Quorvus Collection (luxury). In 2016, Rezidor acquired 49% of prizeotel. Rezidor has an industry-leading Responsible Business Program and was named one the World's Most Ethical Companies by the US think-tank Ethisphere.
In November 2006, Rezidor was listed on the Nasdaq Stockholm, Sweden. HNA Tourism Group Co., Ltd., a division of HNA Group Co., Ltd.—a Fortune Global 500 company with operations across aviation, tourism, hospitality, finance and online services among other sectors—became the majority shareholder in December 2016.
The Rezidor Hotel Group and its brands employ 43,700 people in EMEA and is headquartered in Brussels, Belgium.