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Brussels — Rezidor SAS Hospitality publicizes it should enter the mid-market section in Russia, and develop its presence to about 50 accommodations over a interval of 8-10 years. In a three way partnership with Delta Capital Administration (supervisor of The U.S. Russia Funding Fund), Sweden’s Swedfund and Denmark’s IØ (The Funding Fund for Central and Jap Europe), Rezidor SAS will initially goal most important cities like Moscow and St. Petersburg and different key regional capitals. The target is so as to add about 8 accommodations within the subsequent three years.
Nation Inn is a mid-market various for enterprise and leisure vacationers who desire a excessive degree of consolation and worth for his or her cash. The nation tradition, with its cozy environment and pleasant workers, is essential to the idea. There are at present greater than 325 Nation Inn accommodations throughout the U.S. and Europe.
“Whereas Russia presents super development alternatives, its mid-market resort section stays extensively underserved. There’s a rising demand for reasonably priced, high quality lodging operated by a global resort chain underneath an identifiable model title. We imagine that the market is there and the timing is correct to develop this model inside the huge Russian Federation,” stated Kurt Ritter, president & CEO of Rezidor SAS Hospitality.
There are at present 5 full-service, upscale Radisson SAS accommodations in Russia. Rezidor SAS is the main worldwide resort firm in that section.
Rezidor SAS Hospitality is the grasp franchise holder for the Radisson SAS, Regent, Nation Inn and Park Inn manufacturers in Europe, the Center East and Africa. The corporate at present operates 126 Radisson SAS Inns & Resorts with over 37 properties underneath improvement. The Radisson SAS portfolio now extends to 40 nations.
Rezidor SAS has held the Radisson grasp franchise since 1994. Regent, Nation Inn and Park Inn joined the portfolio in 2002. Rezidor SAS operates two Park Inn Inns: Berlin, Germany (1), Cape City, South Africa (1), 12 Nation Inn Inns positioned in Europe: in the UK (2), Germany (7), and Austria (2), together with the current opening at Charles de Gaulle Airport, Paris, France. There are at present two Regent accommodations: Berlin, Germany (1) and Almaty, Kazakhstan (1). The corporate tasks that it’ll have 700 accommodations throughout all manufacturers, working inside the EMEA area by 2012. Rezidor SAS is a completely owned subsidiary of the SAS Group.
Emily Easter
212-219-7560, ext. 6768
Radisson Lodge Group
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