BELARUS NEWS AND ANALYSIS
DATE:
07/02/2008
Rezidor Announces 3 New Hotels in Belarus, Libya and Germany
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
The Rezidor Hotel Group (STO:REZT) announces three new hotels in EMEA - the Radisson Olympic Hotel, Minsk, Republic of Belarus (241 rooms), the Radisson Tripoli, Libya (333 rooms) and the Park Inn Weimar, Germany (194 rooms). All together, the properties add 768 rooms to the Rezidor system.
The Radisson Olympic Hotel, Minsk is ideally located in the capital of the Republic of Belarus - 6,5 km from the railroad terminal and 40 km from the international airport. A park land around the property ensures a pleasant environment, and 500 meters west of the hotel the new Minsk-Arena will offer a universal sports arena, a skating stadium, an entertainment centre and training facilities. Besides 241 modern and stylish rooms the Radisson Olympic Hotel will feature 2 restaurants, conference & meeting areas and wellness & spa facilities. The opening is scheduled for Q2 2010.
The Radisson Tripoli in Libya is an existing hotel which will be renovated and welcome its first guests in September 2008. Located in the city centre the hotel is overlooking Al Fatah street and close to a number of diplomatic residences and villas. Tripoli's international airport is just a 30 minute drive away. The property will comprise 333 rooms, 3 restaurants including a rooftop restaurant, a 400 seat convention hall, 2 meeting rooms, a pool and a gym.
The Park Inn Weimar in Germany, located in close proximity to the highway A4, is currently operating under the Quality Inn brand and will be converted into a Park Inn by the end of March 2008. The 194-room hotel is very comfortable - featuring 1 restaurant, 1 bar, 10 conference rooms and an indoor pool. The city of Weimar is blessed with numerous cultural attractions. It is one of the most famous cultural destinations in Europe as it is home to luminaries such as Goethe and Schiller.
Facts & Figures
Hotels: Radisson Olympic Hotel, Minsk, Radisson Tripoli, Park Inn Weimar (to open)
Rooms: 241 + 333 + 194 = 768
Between 2007 and 2009 Rezidor will open 20,000 new rooms in total.
About the Rezidor Hotel Group: The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a portfolio of 309 hotels in operation and under development with more than 63,000 rooms in 48 countries.
Rezidor operates the brands Radisson SAS Hotels & Resorts, Regent Hotels & Resorts, Park Inn and Country Inns & Suites in Europe, Middle East and Africa, along with the goldpoints plusSM loyalty programme for frequent hotel guests. Rezidor has signed a worldwide license agreement with the Italian fashion house Missoni, in order to develop and operate a lifestyle hotel brand of the same name: Hotel Missoni.
In November 2006, Rezidor was listed on the Stockholm Stock Exchange. Carlson Companies is the main shareholder (41.7%). The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium.
For more information on Rezidor, visit www.Rezidor.com.
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