Rezidor's Quarterly Business Development Report
(Thomson Reuters ONE) -
3,100 rooms signed and almost 1,000 rooms open in Q1-2017
The Rezidor Hotel Group continues Its growth momentum with five new hotel
openings and eight new hotel signings during the first quarter of 2017. The
group has added more than 3,100 rooms to its pipeline and more than 900 rooms to
its operating portfolio. Rezidor is successfully delivering on its asset-light
strategy, focusing on emerging markets, and maintaining its leadership positions
in core markets. The group's front runner Radisson Blu brand remains the largest
upper-upscale hotel brand in Europe (Source: MKG Hospitality On).
"2017 will be a good year for our growth journey in both emerging and mature
markets," said Elie Younes, Executive Vice President and Chief Development
Officer of Rezidor. "Eastern Europe remains an important growth market for us,
due to its strong economic potential and our opportunities to build on scale.
Our expansion in Africa continues, too, where we have the largest pipeline of
hotels and rooms under development. Despite the fragile economic and social
climate, our presence in Turkey and the Middle East, particularly Saudi Arabia,
continues to grow from strength to strength."
First quarter signings included four Park Inn by Radisson hotels (in Dammam,
Istanbul, Riyadh and Makkah), a new Radisson RED in Krakow, Poland, and a
Quorvus Collection hotel in Kampala. The expansion of prizeotel continued
through the joint venture between Rezidor and prizeotel, with the signing of a
new prizeotel Munich Airport. Karim Rashid, the renowned New York-based designer
and the brand curator, will once again showcase his 'designocrasy' at the new
prizeotel.
"Our 2017 priority is delivering our pipeline, rejuvenating growth in mature
markets and accelerating our emerging market positions," said Younes. "We are
proud to welcome our newest Park Inn by Radisson flagship at Brussels Airport,
within walking distance of our corporate headquarters. Last year, we introduced
the world's first Radisson RED in the European capital. In April, we opened a
new Park Inn by Radisson in Hasselt, right next to our existing Radisson Blu
hotel. In Belgium, we have nearly doubled our portfolio in the last two years.
With the upcoming openings in Bruges and Antwerp, we are well represented in all
key cities of Belgium."
The group declared another milestone with the opening of Radisson Blu Residences
in Dhahran, Saudi Arabia, and Cape Town, South Africa, entering into a new
micro-segment of guests looking for a more home-like hotel experience and long-
term stays and group travels, enjoying the comforts and services of a global,
award-winning hotel brand."
***
Corporate Communications Contact
Lucie Cardona, Director Media Relations & Reputation Management
lucie.cardona(at)carlsonrezidor.com
Renu Hanegreefs-Snehi, Vice President, Corporate Communications, PR & Reputation
Management
renu.snehi(at)carlsonrezidor.com
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 more than 480 hotels in operation or under development with 105,000 rooms in
80+ 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 Carlson(SM)
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.
For more information, visit www.rezidor.com
Twitter (at)carlsonrezidor
LinkedIn www.linkedin.com/company/2364
Instagram www.instagram.com/rezidor_ourpromise
Press release (PDF) :
http://hugin.info/142138/R/2098423/794774.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rezidor Hotel Group via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 25.04.2017 - 10:15 Uhr
Sprache: Deutsch
News-ID 538029
Anzahl Zeichen: 5351
contact information:
Town:
Brussels
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 187 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Rezidor's Quarterly Business Development Report"
steht unter der journalistisch-redaktionellen Verantwortung von
Rezidor Hotel Group (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
