Rezidor announces the Park Inn by Radisson Astana, Kazakhstan

Brussels - October 16, 2012 - Rezidor, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, announces the Park Inn by Radisson Astana in Kazakhstan. The property featuring 248 rooms is scheduled to open in Q1 2013. It will be Rezidor’s second hotel in Astana – the group already operates a successful Radisson Blu hotel in town.

“Eastern Europe is one of our key regions for future business development. Our portfolio already comprises 105 hotels in operation and under development with more than 25,000 rooms; and we aim to further strengthen our presence”, said Kurt Ritter, President & CEO of Rezidor. In Russia/CIS and Baltics, Rezidor is the leading international hotel operator.

The new build Park Inn by Radisson Astana will enjoy a premium location in the center of Astana at the crossing of right and left riversides, and adjacent to the Radisson Blu Hotel. Besides 248 comfortable guest rooms, the hotel will offer one restaurant, one bar, 12 meeting rooms from 31 to 176 sqm, and parking spaces. The complex will provide easy access to Astana’s new city centre and is in proximity to Astana’s cultural sites, making it an attractive location for business and leisure travelers.

The owning company of the two Rezidor hotels is Incom Astana LLC, a reputable developer renowned for its high end commercial and exclusive real estate properties in Astana, Kazakhstan since more than ten years.

About Park Inn by Radisson

Park Inn by Radisson is Rezidor’s young and dynamic mid-market brand offering a warm welcome, a hassle free stay in a comfortable environment, contemporary restaurants, and great meeting facilities. Across Europe, the Middle East and Africa, Park Inn by Radisson has more than 160 hotels.

Kazakhstan has the largest economy in Central Asia due to its enormous oil reserves and richness in other natural resources. Since the establishment of Astana as Kazakhstan’s capital city, the population has more than doubled and is expected to top one million by 2030. The city is seen as one of the world’s biggest construction projects, designed to make Astana the absolute centre of Central Asia and calling for new hotel developments in the future. Climatically, Astana is the second coldest capital in the world after Ulaanbaatar, Mongolia.

About The Rezidor Hotel Group

The Rezidor Hotel Group is one of the fastest growing hotel companies in the world and a member of the Carlson Rezidor Hotel Group. The group features a portfolio of more than 430 hotels in operation and under development with 95,000 rooms in 70 countries.

Rezidor operates the brands Radisson Blu 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 operates and develops the lifestyle brand Hotel Missoni, and following a Strategic Alliance Agreement with Regent Hotels & Resorts in September 2012, Rezidor also develops and operates new Regent hotels in EMEA.

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 visit www.rezidor.com

Contacts:

Christiane Reiter
Senior Director Corporate Communication
Christiane.Reiter@Rezidor.com

Renu Snehi
Senior Director Corporate Communication
Renu.Snehi@Rezidor.com

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