The Rezidor Hotel Group (STO:REZT) announces the Radisson Hotel Maputo in Mozambique – the 150 room-property is scheduled to open its doors in Q2 2010. “With this signing we add a new country to our portfolio and are now present in 54 nations”, said Kurt Ritter, President & CEO of Rezidor. “The Radisson Hotel Maputo [...]

The Rezidor Hotel Group announces two new hotels in Antwerp: Both the Radisson SAS Astrid Hotel Antwerpen (247 rooms) and the Park Inn Antwerpen Astrid (59 rooms) will be operational in December 2008. Rezidor now has three hotels in the Belgian city – the company also manages the Radisson SAS Park Lane Hotel with 174 [...]

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 [...]

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 [...]

Scandinavian airline group SAS AB said Thursday it plans to sell its 75 percent stake in the Rezidor hotel chain when it is listed on the Stockholm exchange later this year.
“Listing Rezidor on the Stockholm Stock Exchange benefits all parties,” said SAS Acting Chief Executive Gunnar Reitan, adding that the sale was “in line with [...]