Rezidor Announces 2nd Hotel for Sandton, Johannesburg

Brussels/Sandton | January 24, 2008

Rezidor announces 2nd hotel for Sandton, JohannesburgThe Rezidor Hotel Group announces its second hotel for Sandton, Johannesburgcomplementing the Radisson Hotel Sandton which is due to open in late 2008: The Park InnSandton featuring 192 rooms will welcome its first guests in April 2010.

"South Africa is an upcoming destination for business and leisure travellers", comments KurtRitter, President & CEO of The Rezidor Hotel Group. "The government has prioritised tourismas a key economic sector, and international arrivals increase continuously - we are expectingnew heights in 2010 when the country hosts the FIFA World Cup."

The Park Inn Sandton will be situated directly across the road from the Gautrain SandtonStation, and will have the benefit of being the closest hotel to the underground station whichwill link commuters on South Africa's first underground railway system directly to the ORTambo International Airport, Rosebank and Pretoria CBD's. The JSE (Johannesburg StockExchange), multinationals and Convention Centre are located within 1 kilometer, and theproperty is only a few hundred meters from some of the best shopping Meccas in the world,Sandton City and Nelson Mandela Square.

Park Inn is Rezidor's fastest growing brand - it was launched in early 2003 and includes todaymore than 100 hotels in operation and under development in Europe, Africa and the MiddleEast. Park Inn represents a young, dynamic and colourful mid market brand - promising "thebest sleep in town" within its category and mastering the essentials: Park Inn hotels are easyto use, safe, spotlessly clean, energetic and fun, with a warm and casual Yes I Can! serviceapproach.

With the existing Radisson and Park Inn hotels in Cape Town, as well as the recently signedRadisson hotels in Port Elizabeth and Sandton, this marks another milestone of thedevelopment and commitment of The Rezidor Hotel Group in South Africa.

Facts & Figures
Hotel: Park Inn Sandton (to open)
Rooms: 192


About the Rezidor Hotel Group:
The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a portfolioof 309 hotels in operation and under development with more than 63.000 rooms in 48 countries.

Rezidor operates the brands Radisson SAS Hotels & Resorts, Regent Hotels & Resorts, Park Inn and CountryInns & Suites in Europe, Middle East and Africa, along with the goldpoints plusSM loyalty programme for frequenthotel guests. Rezidor has signed a worldwide license agreement with the Italian fashion house Missoni, in order todevelop and operate a lifestyle hotel brand of the same name: Hotel Missoni.

In November 2006, Rezidor was listed on the Stockholm Stock Exchange. With 41,7%, Carlson Companies is themain shareholder.The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium.For more information on Rezidor, visit www.rezidor.com.

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