Rezidor announces the Radisson Blu Hotel, Belgrade in Serbia


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.


For further information please contact:

Christiane Reiter, Senior Director Corporate Communication
+32 2 702 9331,Christiane.Reiter@Rezidor.com

Renu Snehi, Director Corporate Communication
+32 2 702 9241,Renu.Snehi@Rezidor.com


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 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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