Regulatory The Rezidor Hotel Group (STO:REZT) announces its first Park Inn in Kazakhstan at Almaty Airport: The 133- room hotel is located adjacent to the International Airport Terminal and will open its doors in December 2008. Almaty’s airport serves many international airlines, and has an advantageous geographical location on the route from East Asia to [...]
The Rezidor Hotel Group will bring its fresh and energetic mid-market brand Park Inn to the holy city of Makkah in Q1-2009: The Al Diyafa Park Inn Makkah will be in the Al Zahir area approximately three kilometres from the Haram, the mosque of the prophet. It adds 221 rooms to the Rezidor portfolio – [...]
Brussels | The Rezidor Hotel Group, the Brussels-based hotel management company, announces plans for its first property in Makkah, Saudi-Arabia. The Al Diyafa Radisson Hotel is currently slated to open in 2010.
Located within walking distance of the Al Diyafa shopping mall and less than two miles from the legendary Haram mosque, the new hotel will [...]
The Rezidor Hotel Group, the Brussels-based hotel management company, announces international management agreements to develop and operate two new Radisson SAS Hotels & Resorts properties in Kiev, Ukraine and Fajairah, United Arab Emirates (UAE).
The Radisson SAS Airport Hotel Kiev, currently slated to open in 2009, will feature approximately 300 guestrooms and will also offer conference [...]
Radisson SAS Hotels & Resorts has appointed Peter Schiess to run its resort property on the banks of the red sea in Taba, Egypt.
Schiess, a Swiss national, has extensive experience in the hospitality industry having held various management and executive positions. He started his career in the food and beverage department. In 1994 he moved [...]
Rezidor Hotel Group AB shares fell Tuesday in their public trading debut after a majority stake was spun off by Scandinavian airline operator SAS Group.
SAS sold 65 percent of its shares in Rezidor at 52 Swedish kronor ($7.54) a share, valuing the entire hotel company at 7.8 billion kronor ($1.13 billion) and raising 5.7 billion [...]
