Rezidor signs & opens the Park Inn Dresden, Germany


The  Rezidor Hotel Group, one of  the fastest growing hotel companies worldwide,
announces  the signing and  opening of the  Park Inn Dresden,  Germany. The 132
rooms-property,  a former Tulip  Inn, will be  bookable in Rezidor's reservation
system by end of March. "This hotel is our third property in Dresden and further
strengthens  our presence on the local and  regional market. We are delighted to
once  again cooperate with our partner Provent  Hotels which belongs to our most
important  franchisees in  Germany", comments  Kurt Ritter,  President &  CEO of
Rezidor.Provent  already manages the  Park Inn hotels  Cologne City-West, Berlin
City-West, Papenburg and Heppenheim. "We are glad to open another Park Inn Hotel
in the beautiful and interesting city Dresden with prospects of the business and
leisure segment" announces Michael Lachmann, Managing Director of Provent.

The  Park Inn Dresden is situated in Dresden Neustadt near the bank of the river
Elbe,  only 15 minutes on foot away from  the historic town centre. The Ministry
of  Finance of Saxony,  the town hall  and the government  seat of Saxony are in
vicinity  - as well as Dresden's most  famous sights such as Semperoper, Zwinger
and  Frauenkirche. Besides  132 guest rooms  and suites  the property features a
restaurant, a lobby bar and a meeting room. It was originally opened in 1997 and
fully renovated in 2007.

Park  Inn is  Rezidor's young  and dynamic  mid market  brand. Launched in early
2003 only,  Park Inn today comprises  more than 135 hotels with  a total of over
25,500 rooms  in operation and under development  across Europe, Middle East and
Africa.   The brand with its  colourful and modern identity  in blue, green, red
and  yellow  prides  itself  on  "mastering  the  essentials" delivering a great
affordable hotel experience within its class.

Dresden  is the capital of Saxony, located 170 km south-east of Berlin. It has a
long  history as the capital  and royal residence for  the Electors and Kings of
Saxony,  who  brought  with  them  the  cultural and artistic splendour that the
city's silhouette is famous for. It was then called the "Florence of the North".
The  city was  completely destroyed  by the  controversial Allied aerial bombing
towards the end of World War II. The impact of the bombing and 40 years of urban
development  during the East German socialist  era have considerably changed the
face of the city. Today, Dresden's legendary sights have been carefully restored
-  the town belongs to  Germany's most famous and  beautiful destinations and is
part of a growing economic area in the East of the country.


For further information please contact:

Christiane Reiter, Director Corporate Communications
+32 2 702 9331,christiane.reiter@rezidor.com
<mailto:christiane.reiter@rezidor.com>

Renu Snehi, Director Corporate Communications
+32 2 702 9241,renu.snehi@rezidor.com <mailto: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 385 hotels in operation and
under development with more than 83,100 rooms in over 60 countries.

Rezidor  operates  the  brandsRadisson  Blu  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.
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
Companies is the main shareholder.

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

For more information on Rezidor, visitwww.rezidor.com <http://www.rezidor.com/>

About Proventhotels
The Provent Hotels Group. is a hotel operating and service company specialized
on mid-market hotels. Under the leadership of Michael Lachmann, the company
currently operates six hotels in Germany, including five Park Inn hotels.
As a hotel operating company the Provent is particular dedicated in the
acquisition of existing hotels in the mid-market-segment of the conference and
business hotel industry.

Transferred hotels (mostly near a town or centrally located) are lifted onto
uniform quality and service levels and then finally adjusted to the target
market with matching sales, marketing and pricing strategies.

Activities focus on improving the economy from the perspective of investors: By
obtaining the maximum yield in a given market environment, Provent guarantees
project developers a maximum of return on investment and high earning power of
their properties.



[HUG#1398990]


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