Radisson SAS to take over InterContinental Hotel Dubai

Notes and media contacts

Rezidor SAS Hospitality is one of the fastest growing hospitality companies in the world and currently has 267 hotels, encompassing over 50,000 rooms, in operation and under development in 49 countries, with the aim to develop 700 hotels across its different brands by 2015.

In September 2002, Rezidor SAS announced a unique deal with US-based Carlson Hotels Worldwide to expand selected Carlson brands in Europe, the Middle East and Africa (EMEA). Rezidor SAS now operates Radisson SAS Hotels & Resorts, Regent International Hotels, Park Inn and Country Inns & Suites along with the goldpoints plus® loyalty programme for frequent hotel guests. Initially, Rezidor SAS Hospitality was a wholly owned subsidiary of the Stockholm-based SAS (Scandinavian Airlines) Group. In June 2005, Rezidor SAS Hospitality completed the strategic agreement with US-based Carlson Hotels Worldwide, which resulted in an enhancement of their long-time franchise partnership into a shareholder agreement. Carlson Hotels Worldwide acquired a 25 percent shareholding in Rezidor SAS Hospitality from SAS group in return for renegotiated commercial terms of the parties' current Master Franchise Agreement.

In November 2005, Rezidor SAS signed a worldwide license agreement with the Italian fashion house Missoni, to develop and operate a lifestyle hotel brand of the same name: Hotel Missoni.

Rezidor SAS Hospitality head office is based in Brussels, Belgium.

For more information on Rezidor SAS and its portfolio of brands, please visit www.RezidorSAS.com.

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Contact:
Esther van Bemmelen, PR & Communications Manager
Rezidor SAS Hospitality Middle East
Tel. 00971 4 390 0082 Fax 00971 4 390 8171