Rezidor announces the Park Inn City Centre Sochi in Russia

Rezidor announces the Park Inn City Centre Sochi in Russia

ID: 40467

(Thomson Reuters ONE) -


The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide,
and the Regional Hotel Chain (RHC), the leading dedicated regional hotel
developer in Russia, announce the Park Inn City Centre Sochi. The hotel
featuring 160 rooms is scheduled to open in 2013, in time for the 2014 Winter
Olympics in Sochi. RHC is one of Rezidor's most important partners for future
business development in Russia - in 2009 both companies have signed an agreement
for up to 20 Park Inn hotels centrally located across major cities in the
country.

"With this new Park Inn, Rezidor now has five properties in operation and under
development in and near Sochi - this is a clear sign for our commitment to the
region and to Russia as such", comments Kurt Ritter, President & CEO of Rezidor.
"With our strategic focus on the regional hospitality sector development we
define Sochi as a top priority location and as the most dynamic investment
region for international quality accommodation of both leisure and business
travellers", adds Christian Meyer, Director International Partners at RHC.

The Park Inn City Centre Sochi will be located in the heart of Sochi, adjacent
to the main railway station. Besides 160 spacious and colourful guestrooms, the
hotel will offer a restaurant, lounge bar, fitness room and business/meeting
facilities.

Sochi, the pearl of the "Russian Riviera", is emerging as a trendy destination
for travellers, evidenced by its ever-rising number of visitors and its
selection of American and European retail shops. Developers have ambitious plans
for Sochi and, in coordination with government-funded Olympic development,
numerous projects are underway to make Sochi a must-see international
destination. In addition to its famous ski slopes, Sochi also attracts visitors




in the summertime, when its long stretch of Black Sea beaches beckons
travellers. In spring, when the weather favours, it is possible to challenge the
slopes in the morning and lounge on the beach in the afternoon.

Park Inn is Rezidor's young and dynamic midmarket brand - focusing on the
essentials and attracting guests with a stress free and comfortable stay. The
rapidly growing brand has been launched in early 2003 only, and today features
100 hotels in operation across Europe, Middle East and Africa.


For further information please contact
Christiane Reiter, Director Corporate Communication The Rezidor Hotel Group
+32 2 702 9331,christiane.reiter(at)rezidor.com

Renu Snehi, Director Corporate Communication, The Rezidor Hotel Group
+32 2 702 9241,renu.snehi(at)rezidor.com

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 more than 400 hotels in operation and
under development with more than 86,300 rooms in over 60 countries.

Rezidor operates the brands Radisson Blu Hotels & Resorts, Regent Hotels &
Resorts, Park Inn and Country Inns & Suites in Europe, Middle East and Africa,
along with the goldpoints plus(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 new lifestyle brand Hotel
Missoni.

In November 2006, Rezidor was listed on the Stockholm Stock Exchange. Carlson
Companies is the main shareholder.

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

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

About RHC

Regional Hotel Chain LLC (RHC) is a project dedicated Management Company
incorporated in 2006 for the launch and development of a midmarket hotel chain
and establish its leadership across Russia's regions in the respective
hospitality segments, while reaching the minimum portfolio of 10 hotels in
operation and 10 properties in construction by 2014. As of May 2010 there are 2
hotels under construction, 5 properties at their design stage and more land
plots in the pipeline. The first hotels are to open their doors flagged as Park
Inn Kazan and Park Inn Astrakhan in 3Q 2010 and 1Q 2011 respectively. The
Management Agreement for Park Inn Yaroslavl was signed in October 2009 and for
Park Inn Voronezh in April 2010.

For more information, visit http://www.rhc-hotels.ru



[HUG#1441143]





Press release PDF:
http://hugin.info/142138/R/1441143/385454.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Rezidor Hotel Group via Thomson Reuters ONE


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Datum: 30.08.2010 - 10:01 Uhr
Sprache: Deutsch
News-ID 40467
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