Rezidor announces a new Park Inn in Germany


Rezidor announces a new Park Inn in Germany 

The Rezidor Hotel Group announces the Park Inn Papenburg - with this signing the
company's pipeline of hotels in operation and under construction in Germany
reaches 45 properties. Park Inn Papenburg is a common project with Rezidor's
franchise partner Proventhotels; the 101 room-hotel is currently under
construction and will be finished by autumn 2008.  

“Germany is an important home market for us”, comments Kurt Ritter, President &
CEO of Rezidor. “With our fastest growing brand Park Inn we recently celebrated
a lot of openings there and will continue to strengthen our portfolio in the
country”. 

Proventhotels already manages the Park Inn hotels Cologne City-West and
Heppenheim. “We are glad to open the first international hotel brand in
Papenburg. Most of the local clients have already showed strong interest in
working with us. We also generate the first requests and contract options for
the MICE and leisure segment” announces Michael Lachmann, manager of Provent.

The new hotel will provide 101 rooms, a restaurant, a bar, 5 meeting rooms with
a total surface of 350 square meters and 50 parking spaces. On the top floor it
will offer a business friendly category as penthouse apartments and studios. For
wellness and relaxation Park Inn Papenburg will feature a huge wellness area on
120 square meters including sauna, whirlpool, steam bath and solarium. For
sportive guests a variety of cardio equipment will be provided. 

Papenburg is located in the North West of Germany at the banks of the River Ems
and accommodates the most southern sea port along the German coast. The town is
well located at the Motorway A31 (North Sea - Central Germany) and is connected
by train and adjacent highways to the larger city of Bremen to the East as well
as the Netherlands to the West. Many ship-industry related companies are located
in Papenburg. The most famous is “Meyer Werft” which builds modern cruise ships
such as the Queen Elisabeth II. Another business demand generator will be the
major car test site for Daimler/Mercedes operated by ATP GmbH. The city plans to
increase also tourism demand by redeveloping the central area of the city where
the new hotel is integrated. Shops and restaurants will be added to complete the
leisure attractions in the immediate vicinity. Park Inn Papenburg will be
surrounded by town houses in similar architecture with private boat piers.  

Facts & Figures 
Hotel: 		Park Inn Papenburg (to open) 
Rooms: 		101


For further information, please contact:
The Rezidor Hotel Group
Media relations Scandinavia: Kristina Windset, +46 70 590 86 38,
kristina.windset@rezidor.com 
Other media and Investor relations: Christiane Reiter, +32 474 407 210,
christiane.reiter@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 over 330 hotels in operation and under
development with more than 68,000 rooms in 52 countries.

Rezidor operates the brands Radisson SAS Hotels & Resorts, Regent Hotels &
Resorts, Park Inn and Country Inns & Suites in Europe, Middle East and Africa,
along with the goldpoints plusSM loyalty programme for frequent hotel guests.
Rezidor has signed a worldwide license agreement with the Italian fashion house
Missoni, in order to develop and operate a lifestyle hotel brand of the same
name: Hotel Missoni.

In November 2006, Rezidor was listed on the Stockholm Stock Exchange. With 42%,
Carlson Companies is the main shareholder.  

The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium.

For more information on Rezidor, visit www.rezidor.com. 

Attachments

06112418.pdf