Rezidor announces the Park Inn Lagos, Ikeja in Nigeria

Brussels, Belgium | July 26, 2010

The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, announces the Park Inn Lagos, Ikeja in Nigeria. The 135-rooms property is scheduled to open in 2013. “We are establishing a true Park Inn network in Nigeria – after contracts in Lagos, Abuja and Abeokuta this agreement is our third one and further underlines the importance of Nigeria as a high potential emerging market for Rezidor”, says Kurt Ritter, President & CEO.

Besides 135 modern guest rooms, the Park Inn Lagos, Ikeja will feature 4 food and beverage outlets (including a rooftop restaurant and bar) and 240 square meters of meeting space. A swimming pool, gym, sauna and a Zen Garden will complete the service offer.

Ikeja is an outer suburb of Lagos, known for its upscale residential neighbourhoods, government buildings, shopping malls and Murtala Muhammed International Airport, the busiest in Nigeria. The hotel is located only 6 km away from the airport. Due to this proximity, Ikeja has a high concentration of aviation-related businesses, including several of Nigeria’s domestic airline companies.

Lagos is one of the most dynamic hotel markets on the African continent where Rezidor is one of the leading international hotel operators and currently has 36 hotels in operation or under development, accounting for over 8,200 rooms. An independent study in 2010 proclaimed Rezidor’s pipeline to be the largest in Sub-Saharan Africa.

For further information please contact
Christiane Reiter, Director Corporate Communication
32 2 702 9331, christiane.reiter@rezidor.com

Renu Snehi, Director Corporate Communication
32 2 702 9241, renu.snehi@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 400 hotels in operation and under development with more than 86,300 rooms in over 60 countries.

Rezidor operates the brands Radisson 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, visit www.rezidor.com

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