Rezidor announces the Radisson Blu Residence Gran Canaria


The  Rezidor Hotel Group, one of  the fastest growing hotel companies worldwide,
announces  the Radisson Blu Residence Gran Canaria  in Spain. The property - the
former  Hotel Dunas -  will be fully  renovated and offer  144 apartments. It is
scheduled  to open in Q4 2012. "We are  delighted on further grow in Spain where
we  recently  opened  the  first  Radisson  Blu  in  Madrid",  says Kurt Ritter,
President  & CEO of Rezidor. "This signing  also underlines our commitment to an
ambitious  growth of our young and  stylish resort portfolio", continues Ritter.
"We  are glad to extend our close  cooperation with Rezidor and confident to add
new  value  to  Gran  Canaria's  hospitality  sector",  comments  Lars Wenaas of
Wenaasgruppen, owner of the new hotel.

Gran  Canaria is one of the key  destination for travellers to Spain, and famous
for  idyllic beaches,  intriguing landscape  and a  year-round mild climate. The
Radisson  Blu Residence is located on the  southern coast of the island near the
quaint  village  of  Arguineguin.  Besides  144 spacious  apartments  (all  with
balconies  overlooking the sea), the property will offer a restaurant, extensive
leisure  areas (including swimming pools and  tennis courts), and a full service
spa.  For those mixing business with pleasure, five meeting rooms and a business
centre  will be available, And, of course, the hotel is along the waterfront and
will offer breathtaking ocean views and beach access.

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  brands  Radisson  Blu  Hotels & Resorts, Regent Hotels &
Resorts,  Park Inn and Country Inns &  Suites in Europe, Middle East and Africa,
along  with the goldpoints plus(SM) 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, visit www.rezidor.com <http://www.rezidor.com/>



[HUG#1402519]


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