Rezidor arrives in Ethiopia: New Radisson hotel in Addis Ababa


Rezidor arrives in Ethiopia: New Radisson hotel in Addis Ababa

The Rezidor Hotel Group arrives in Ethiopia and announces a brand new Radisson
hotel in the capital city Addis Ababa - the property will feature 209 rooms and
open in Q4 2009. “With this signing we are adding a new country to our portfolio
and are now present in 52 countries across EMEA”, comments Kurt Ritter,
President & CEO of Rezidor. “In the Middle East and Africa we are now having 47
hotels with almost 11,500 rooms in operation and under development.” 

The new hotel owned by The Emerald Addis Hotels plc is perfectly located in the
business and diplomatic centre of Addis Ababa in close proximity to the African
Union Conference Centre. Modelled on the successful Radisson SAS EU Hotel,
Brussels, which is located near the European Union, the Radisson Hotel Addis
Ababa will include an all day restaurant, a bar lounge, meeting facilities, and
a fitness & wellness centre. 

Addis Ababa is a diverse and riotous capital city with almost 3 million people,
roughly 80 different nationalities, and a multitude of religious and language
groups. Nestled at the foot of Mount Entoto, the city was founded in the late
1800s by Ethiopian emperor Menelik II and was later occupied by the Italians
during the second Italo-Abyssinian War. When Ethiopians regained control,
Emperor Haile Selassie immediately set about rebuilding the capital and formed
the Organization of African Unity, replaced by today's African Union, which has
its headquarters in the city.

Addis Ababa is also home to the world-renown early hominid Lucy - her fossilised
skeleton, as well as a replica, are housed in the Ethiopian National Museum. The
city also boasts the largest open market in Africa (in the Merkato district),
several interesting mosques and cathedrals, as well as the world's largest
prefabricated building, Shengo Hall, and Menelik's Old Imperial Palace, which is
the official seat of the Ethiopian government.

Facts & Figures: 
Property: 			Radisson Hotel, Addis Ababa (to open)
Rooms: 			209

Between 2007 and 2009, Rezidor will add 20.000 rooms to its portfolio. 


For further information, please contact: 
The Rezidor Hotel Group
Media relations Scandinavia: Kristina Windset, +46 70 590 86 38,
kristina.windset@rezidor.com 
Other media and Investor relations: Christiane Reiter, +32 474 407 210,
christiane.reiter@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 333 hotels in operation and under
development with more than 68,000 rooms in 52 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. With 42%,
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. 

Attachments

05202447.pdf