Rezidor announces the Radisson Hotel Zavidovo in Russia

Brussels, Belgium | September 08, 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 Hotel Zavidovo. The 230-rooms property is scheduled to open in 2014. “Radisson is Europe’s largest upscale hotel brand. I am delighted that this hotel allows us to further grow our contemporary and exciting portfolio on the emerging Russian market”, comments Kurt Ritter, President & CEO of Rezidor.

The Radisson Hotel Zavidovo will be located in a picturesque resort area which is considered one of the most environmentally pristine areas of Russia. It stretches along the scenic Ivankovo Lake and borders a 1,250 km² nature reserve. The hotel is only 90 km northwest of Moscow and is easily accessible from the M10 highway, which is the main road linking Moscow and St. Petersburg. Planned as a popular retreat for the elite of Moscow, Zavidovo is also home to one of the official vacation residences of the President of Russia. The residence has also been utilized since Soviet times as a military hunting ground and as a venue to host foreign leaders. The surrounding area is rich in wildlife including bears, lynxes and foxes. Guests also enjoy an active sports and entertainment calendar which includes boating regattas, equestrian competitions, a rock festival, an aqua-bike world cup, extreme sports festival, etc. The hotel will also take advantage of the nearby 18-hole PGA Europe golf course to be opened in 2012.

Besides 230 guest rooms featuring Radisson signature services such as free high speed internet access, the property will offer 2 restaurants, a bar, a destination spa, conference facilities, and a yacht club. The hotel will be developed by ProfEstate, a Russian company developing a master-planned community in the area. “Zavidovo is an established resort and conference destination nearby Moscow with a lot of tourists, activities, special events, and yet a shortage of quality accommodation and services. Being the first 4-star hotel in the area, the Radisson Hotel Zavidovo will fill this gap and add a new momentum to the local development. We firmly believe in its success”, says Sergey Bachin, President of ProfEstate.

The Rezidor Hotel Group currently has over 60 hotels with a total of more than 14,500 rooms in operation and under development across Russia/CIS. The region belongs to the company’s focus areas for future business development, and is managed out of a full service branch office in Moscow.

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

Renu Snehi, Director Corporate Communication, The Rezidor Hotel Group
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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