Rezidor announces the Radisson Resort Rosa Khutor and the Park Inn Resort Rosa Khutor in Russia

Brussels, Belgium | May 05, 2010

The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide and the leading international hotel operator in Russia/CIS, announces the Radisson Resort Rosa Khutor (180 rooms) and the Park Inn Resort Rosa Khutor (200 rooms) in Russia. Both properties are scheduled to welcome the first guests in Q4 2012.

"These hotels further underline our commitment to Russia where we now have 36 hotels in operation and under development with a total of over 9,000 rooms and which is one of our most important emerging markets for future business development", says Kurt Ritter, President & CEO of Rezidor. "At the same time, these signings bring our portfolio of young and stylish resorts in operation and under development to almost 50 properties with more than 10,000 rooms across Europe, Middle East and Africa", continues Ritter.

The Rosa Khutor development is within Russia's most famous ski region of Krasnaya Polyana and 50 km east of the city of Sochi, where the XXII Olympic Winter Games will be held in 2014. During the games, skiing events and snowboarding will be held on the slopes of Rosa Khutor.

The two hotels will be located within the 537 hectare Rosa Khutor Alpine Ski Resort Development, which is nearing the completion of Phase 1. Upon completion, the $1.4 billion development will include 40 ski runs, 14 ski lifts and a capacity for 10,500 people. Other facilities will include a ski school, multiple restaurants, a child care centre and retail outlets. The development is in accordance with the Russian government's grand scheme to make Sochi a world class winter and summer resort. Sochi International Airport is undergoing a massive expansion to accommodate the surge in international visitors anticipated.

Besides 180 rooms, the Radisson Rosa Khutor will feature multiple restaurants, a spa and fitness centre, and meeting space. Just 200 m away, the Park Inn Rosa Khutor will offer 200 guest rooms and a restaurant. Guests will have access to the leisure and meeting facilities of the nearby Radisson.

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