Rezidor Announces the Radisson Blu Istanbul

. February 25, 2010

February 24, 2010 - Brussels-based hotel management company The Rezidor Hotel Group is developing its third hotel in Istanbul: Radisson Blu Istanbul Asia. The 194-room hotel will open Q4 2011.

"I am delighted to add another property to our expanding portfolio in Turkey," comments Kurt Ritter, President & CEO of Rezidor. "In addition to two other Radisson Blu hotels in Istanbul, we manage a Radisson Blu hotel in Ankara as well as a new Radisson Blu resort in Cesme, controlling a total of 1,150 rooms."

Hotel owner Ant Yapi is one of the 70 largest construction companies globally and is well-regarded across Turkey and Eastern Europe. Recent works include Moscow City, the tallest building in Moscow; Cesme's waterfront development Port Alacati; and Anthill Residences in Istanbul.

Radisson Blu Istanbul Asia will be a new-build project situated on the Asian side of the city. Located in the heart of Istanbul's Atasehir district, the hotel will be situated among upscale residences and several international companies, including the Turkish Central Bank, which plans to relocate to Atasehir shortly.

In addition to 194 contemporary guestrooms with signature Radisson Blu services such as complimentary high-speed internet access, the hotel will offer an all-day dining restaurant, two bars, 10 function rooms including a 4,000-square-foot ballroom, and a large health and fitness center.

Radisson Blu Istanbul Asia joins four existing Radisson Blu properties in Turkey, including the new Radisson Blu Resort & Spa Cesme, award-winning Radisson Blu Bosphorus Istanbul, and hotels in Ankara and at Istanbul's Ataturk Airport.

Named a European Capital of Culture by the EU in 2010, Istanbul is Turkey's largest city and the only metropolis in the world located on two continents. Istanbul's rich history includes architectural and cultural heritage dating back to the Roman, Byzantine, Latin and Ottoman Empires.

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 385 hotels in operation and under development with more than 83,100 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.

Radisson Blu Hotels & Resorts, part of The Rezidor Hotel Group, offers first class service, providing guests with a contemporary, upscale hospitality experience. Radisson Blu has received numerous awards for Best Hotel Chain and is renowned for its "Yes I Can!" spirit of service and the "100% Guest Satisfaction Guarantee". September 2005 saw the roll out of a free broadband service across the portfolio - the first international hotel chain to offer this service. Radisson Blu currently includes more than 225 hotels either in operation or under development and with 52.800 rooms in Europe, the Middle East and Africa.

For more information, visit www.radissonblu.com.

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