Rezidor announces the Radisson Blu Hotel, Marrakech The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, expands the portfolio in Morocco and announces the Radisson Blu Hotel, Marrakech Carré Eden. The property will feature 204 rooms and welcome the first guests in 2011. “We are delighted to arrive in one of the world's most beautiful cities”, says Kurt Ritter, President & CEO of Rezidor. “This property is our third hotel under development in Morocco and a perfect addition to our Radisson Resorts which will open in Tangier and Saïdia.” “This hotel will be a unique 5 star city resort in Marrakech, and, along with the Radisson Blu brand, we are committed to making it an exceptional destination for both business and leisure travellers”, says Mohamed Yacoubi, Director of Asset Management at Actif Invest, the first Moroccan management company of investment funds dedicated to tourism and real estate. Yacoubi adds: “This hotel and its shopping mall will be a distinguished attraction in the Gueliz district, and will be a major component of our portfolio of tourism assets.” The Radisson Blu Hotel Marrakech will be located within Carré Eden, an exclusive development including 80 luxury apartments, a shopping mall and entertainment. Carré Eden is located in the Guéliz district, a well-established commercial and residential area known for trendy shops, fashionable bars and clubs. Besides 204 modern guest rooms, the property will offer two restaurants, a bar, nearly 1,000 m2 of conference and meeting space, a swimming pool and a destination spa with a Moroccan hammam. Marrakech - also know as the “Red City” - is one of Morocco's four former imperial cities and one of the most loved holiday destinations in the world. Only a short walk from the new hotel, visitors can explore the “Medina”, the traditional heart of Marrakech: ancient mazes of souks and alleys and the captivating Djemaa el Fna square which bustles 24 hours per day with acrobats, story-tellers, snake charmers, dancers, musicians and food stalls. Also on any tourist's agenda is the Koutoubia Mosque, built in the 12th century by the Almohad dynasty (which in later years conquered Spain) with minarets towering over the historical part of town. For further information please contact: The Rezidor Hotel Group Christiane Reiter, Director Corporate Communication Tel. +32 2 702 9331, Christiane.Reiter@Rezidor.com Renu Snehi, Director Corporate Communication Tel. +32 2 702 9241, Renu.Snehi@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 close to 370 hotels in operation and under development with more than 78,300 rooms in 58 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 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. The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium. For more information on Rezidor, visit www.rezidor.com About Actif Invest Actif Invest was launched in 2004 and is the first Moroccan management company of investment funds dedicated to tourism and real estate. Actif Invest manages two funds: Actif Capital I that is focused on real estate and Maghreb Siyaha Fund that is focused on tourism. Actif Invest's team have extensive hands-on experience in developing and managing a variety of real estate and tourism assets and seek to offer to the investors investment opportunities and long-term value. Actif Invest is a part of Argan Invest, the Investment Fund Management arm of the leading north African Group FinanceCom. Argan Invest owns three subsidiaries: Actif Invest (funds dedicated to tourism and real estate), Capital Invest (private equity and LBO funds), Infra Invest (infrastructure funds). For more information on Actif Invest, visit www.actifinvest.com or contact Miryem Belghiti, Corporate Communication Tel. +212 5 22 42 77 68 m.belghiti@arganinvest.com