Rezidor and Soravia Group Constructing the 236-room Radisson Blu Hotel in Belgrade

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. November 08, 2011

Brussels - November 7, 2011 - The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, announces the Radisson Blu Hotel, Belgrade - the property featuring 236 rooms is already under construction and will welcome the first guests in Q4 2013. It is Rezidor's very first hotel in Serbia; the group is now present in 64 countries across Europe, Middle East and Africa.
“We are delighted to come to Serbia. The country is an emerging nation, and Belgrade a vibrant, dynamic city with 1.7 million inhabitants where we see a considerable potential”, said Kurt Ritter, President & CEO of Rezidor.

Austrian real estate developer Soravia Group, in cooperation with Erste Bank Group and European Bank for Reconstruction and Development (EBRD), is undertaking the development of this prominent hotel and an additional office tower of 3,900 square meters being built in the adjacent area.

“Our development addresses the current undersupply of quality hotel accommodation providing state-of-the-art finishing and service standards. It is among the first major investments of this type in Serbia and we are convinced that market prospects as well as our engagement with Rezidor will ensure a successful and long-lasting venture in Belgrade”, said Soravia Group-CEO Hanno Soravia.

The Radisson Blu Hotel, Belgrade enjoys a prime location next to the convention centre and above one of the city's most important thoroughfares. It will be a local landmark - the overall development of the site will even incorporate an existing historical old mill. The hotel will offer excellent access to the traditional “Old Belgrade” neighborhood as well as to the “New Belgrade” business district. Besides 236 rooms with Radisson Blu signature services such as free high speed Internet access, the property will comprise a restaurant and bar, 600 square meters of meeting space, a wellness area, and parking facilities.

Eastern Europe is an important business development market for Rezidor. Besides a commanding presence in Russia/CIS and the Baltics, Rezidor currently operates hotels in Poland (8), Czech Republic (3), Slovakia (2), Hungary (2), Croatia (2), Bulgaria (2) and Romania. Rezidor's core brands are Radisson Blu, the largest upper upscale brand in Europe, and Park Inn by Radisson, a fresh and dynamic mid market brand.

About 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 415 hotels in operation and under development with 90,000 rooms in over 60 countries.

Rezidor operates the brands Radisson Blu Hotels & Resorts and Park Inn by Radisson in Europe, Middle East and Africa, along with the Club Carlson 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, a privately held, global hospitality and travel company, based in Minneapolis (USA), is the majority 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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