Rezidor extends partnership agreement with Mvelaphanda Holdings (Pty) Ltd, South Africa

The  Rezidor Hotel  Group extends  and broadens  the partnership  agreement with
Mvelaphanda  Holdings  (Pty)  Ltd,  South  Africa.  Their existing Joint Venture
covering  the management of the Radisson Blu Hotel Waterfront, Cape Town will be
extended  to all existing and future Rezidor hotels in South Africa, Lesotho and
Swaziland, and will cover all Rezidor brands.


"Mvelaphanda  as a black  empowered company and  significant player on the South
African  market  is  the  ideal  partner  for Rezidor's operational business and
development  in the region",  comments Kurt Ritter,  President & CEO of Rezidor.
"We  recently have  inaugurated a  new Regional  Office in  Cape Town  under the
leadership of Maarten Van Den Nieuwenhuijsen, Regional Director Southern Africa.
This  office launch and agreements like the one with Mvelaphanda bring us closer
to our owners, and further strengthen our leading position in the African market
and  our  future  development",  continues  Ritter.  Rezidor's  global long term
strategy  includes a strong focus on emerging markets like the African continent
where  the group currently has 28 hotels with more than 5,800 rooms in operation
and  under development across the region, and  sees a huge potential for further
projects.


The Joint Venture with Mvelaphanda will cover the following properties: Radisson
Blu  Hotel  Waterfront,  Cape  Town  (177  rooms),  Radisson  Blu Hotel Sandton,
Johannesburg  (301  rooms),  Radisson  Blu  Hotel  Port  Elizabeth  (173 rooms),
Radisson Blu Gautrain Hotel, Sandton Johannesburg (200 rooms, opening in 2010),
Park  Inn Sandton, Johannesburg (269 rooms, opening in 2010), Hotel Missoni Cape
Town  (157 rooms, opening in 2011), and Radisson Blu Hotel Blaauwberg, Cape Town
(144 rooms, opening in 2010).


Mvelaphanda  is  a  diversified  investment  company  - founded in 1997 by South
Africa's  current Minister of  Human Settlements, Tokyo  Sexwale. The company is
active  across a range  of sectors -  from natural resources  and energy through
banking,   financial   services,   tourism,  healthcare,  logistics,  industrial
services,  and security.  Mvelaphanda is  a black-owned  enterprise and  as such
influential  in  South  Africa  where  "Black  Economic  Empowerment"  (BEE)  is
increasingly emphasized.


"Rezidor  and Mvelaphanda  have built  up a  strong relationship  in the past 9
years, which resulted in the formalization of this multinational partnership. We
are  of  the  opinion  that  our  relationship  could  unlock  potential  in the
hospitality  industry, within  the countries  that we  will be working together.
Mvelaphanda will be an active role player in the new partnership. The focus will
be  to assist Rezidor in the identification, development and management of hotel
properties", comments Mark Willcox, CEO of Mvelaphanda.



For further information please contact


Knut Kleiven, Deputy President & CFO

+32 2 702 9200,knut.kleiven@rezidor.com <mailto:knut.kleiven@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 380 hotels in operation and
under development with 81,700 rooms in almost 60 countries.



Rezidor  operates  the  brandsRadisson  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.
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, visitwww.rezidor.com <http://www.rezidor.com/>



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