Rezidor announces the Park Inn Voronezh, Russia


The  Rezidor Hotel Group, one of the  fastest growing hotel groups worldwide and
the  leading  international  hotel  operator  in  Russia, announces the Park Inn
Voronezh.  The property  featuring 164 rooms  is scheduled  to open its doors in
2013. "With  this signing, we have reached the impressive number of 15,000 rooms
in  operation and under development in Russia/CIS  and the Baltics, and are able
to  strengthen  our  pole  position",  comments  Kurt Ritter, President & CEO of
Rezidor.  "I'm also delighted to see our young and dynamic mid-market brand Park
Inn growing further. The brand's pipeline now comprises 93 hotels with more than
17,200 rooms  in operation -  and further 51 hotels  with a total of 9,000 rooms
under development", continues Ritter.

Besides   164 modern   guest   rooms,  the  Park  Inn  Voronezh  will  offer  an
all-day-dining  restaurant, a  lobby lounge,  a fitness  room, meeting rooms and
private parking. The location of the building is ideal - within the city centre,
and  near the sports stadium and the main train station. The hotel forms part of
the  strategic  development  agreement  between  Rezidor  and  the  Russia-based
Regional  Hotel  Chain  LLC  (RHC).  The  agreement comprises 20 future Park Inn
properties  spread across major  cities in Russia.  The firm list of development
includes  10 confirmed locations,  and another  10 sites have  been earmarked as
potential future locations.

Voronezh  is  a  large  city  in  south-western  Russia, 450 kilometres south of
Moscow,  towards the border of Ukraine. The centre is a mix of old and new, with
elaborate 18(th)-century buildings adjacent to modern complexes. Top attractions
include  Princess Oldenburgskaya  Castle, the  Opera &  Ballet Theatre, the Veta
Exhibition  Centre, Ksenya Peterburgskaya Church and the Olympic sports complex.
The  city's strong economic situation is due to its robust industrial base and a
well-developed  transportation system. It is located  at the confluence of major
road  and railway lines connecting central Russia with the Northern Caucasus and
Ukraine.  Besides its strong  industrial base, Voronezh  is a cultural hub, with
cinemas, theatres, ballet, and a flourishing music scene. It is also the home to
Voronezh  State University  with over  20,000 students, which  is a particularly
popular destination for language students.


For further information please contact
Christiane Reiter, Director Corporate Communication
+32 2 702 9331,christiane.reiter@rezidor.com
<mailto:christiane.reiter@rezidor.com>

Renu Snehi, Director Corporate Communication
+32 2 702 9241,renu.snehi@rezidor.com <mailto: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  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 <http://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 regional mid-market
hotel  chain  and  establish  its  leadership  across  Russian  regions  in  the
respective  hospitality segments,  while reaching  the minimum  portfolio of 10
hotels  in operation and 10 in construction by 2014. As of May 2010 there are 2
properties  under construction, 5 properties at design stage and more land plots
in  the pipeline. First hotels  are to open doors  flagged as Park Inn Kazan and
Park  Inn Astrakhan in 2010 and 2011 respectively. Management Agreement for Park
Inn Yaroslavl signed in October 2009 and for Park Inn Voronezh in April 2010.

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



[HUG#1420403]


Attachments

Press release PDF.pdf