Industry Update
Press Release10 January 2007

Rezidor opens two new Park Inn hotels in Sweden and UK

The Rezidor Hotel Group has signed agreements for 2 more Park Inn hotels in Sweden and UK – namely in the Swedish capital Stockholm, and in Leigh, Great Britain

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Rezidor

The new Park Inn hotel in Stockholm, which is to be built in the rapidly growing area known as Hammarby Sjostad, will comprise 177 rooms, is scheduled to open in 2009 and will be the 16th Park Inn in Sweden. The 18-storey property will have a roof top terrace and a relax centre on the top floor, and will be a landmark in the area. Owner and constructor is Botrygg Bygg AB.

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The new hotel is in line with Rezidor’s strategy to pursue aggressive expansion within the mid market segment. “Park Inn is an important part of our growth strategy, as is the Swedish market where there is strong demand for mid market hotels,” says Kurt Ritter, President & CEO of The Rezidor Hotel Group. In June last year, Rezidor announced the new Park Inn Congress Centre Stockholm with 420 rooms in the very heart of Stockholm, scheduled to open in 2010. The property is a much awaited hotel and congress centre with capacity for up to 3.000 delegates in an auditorium setting, placing Stockholm among an exclusive group of global cities offering similar congress facilities in their city centre.

The Park Inn Leigh will be built on the M6 motorway between Liverpool and Manchester – as part of the new Leigh Sports Village for sports education, leading training programs, corporate activities and conferencing. The hotel, which is expected to open in 2008, will offer 135 rooms, a restaurant and a bar, spa facilities and meeting rooms.

”Park Inn is a new and fresh brand in the mid market segment, and gives us good opportunities to grow rapidly within a segment which is the least sensitive to changing business cycles,” comments Kurt Ritter.

The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. On 30 September 2006, the group featured a portfolio of 272 hotels, encompassing approximately 55,000 rooms in operation and under development in 47 countries.

Rezidor operates the Carlson brands Radisson SAS Hotels & Resorts, Regent International Hotels, Park Inn and Country Inns & Suites in Europe, Middle East and Africa, along with the goldpoints plusSM loyalty program for frequent hotel guests. Rezidor has signed a worldwide license agreement with the Italian fashion house Missoni, 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. With 35%, Carlson Companies currently is the main shareholder.

The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium.

For more information on Rezidor, visit

Contact
Christiane Reiter
Phone: +49 172 454 9970
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