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Kurt Ritter, President & CEO of Rezidor SAS Hospitality, 
Receives the International Hotel Investment Forum
Lifetime Achievement Award 
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Brussels, April 2004 – Kurt Ritter, president & CEO of Rezidor SAS Hospitality, received the International Hotel Investment Forum (IHIF) Lifetime Achievement Award March 18th in Berlin during the 7th annual International Hotel Investment Forum.
 
Ritter has developed Rezidor SAS into one of the fastest growing hospitality companies in the world today. The first step towards this growth was taken in 1994, when a master franchise agreement was signed between SAS International Hotels (SIH) and Carlson Hotels Worldwide for sole exclusivity to operate and develop the Radisson brand in Europe, the Middle East and Africa.

In 2000, he renamed SIH Rezidor SAS Hospitality and developed the company into a multi-brand organization.  Since 


Kurt Ritter 
then he has signed an additional master franchise agreement with Carlson Hotels Worldwide for their Park Inn, Country Inn and Regent brands as well as an exclusive license agreement with the Italian fashion house Cerruti, for lifestyle hotels of the same name. 

Kurt Ritter comments, “I am deeply honored to receive this award.  It is given to me personally but I would like to thank every employee of Rezidor SAS for their hard work.  Without such a great team, we wouldn’t have been able to achieve the results that we have.”

Rezidor SAS has grown from 29 to 160 hotels in eight years and at the same time the company presented a positive result for eight consecutive years. The forecasted growth for the years to come is targeted at 50 new hotels a year. The goal is to operate 700 hotels by 2012.

IHIF is the leading meeting place for the European hotel investment community and is the largest and one of the most important conferences for hotel investment professionals.


 
Contact:
Rezidor SAS Hospitality
www.rezidorsas.com

 
Also See: P.R.S. 'Biki' Oberoi Awarded 'Lifetime Achievement Award' at the 6th International Hotel Investment Forum; Exceptional Leadership and High Standards for Hospitality / March 2003
Kurt Ritter Announces New Organizational Structure for Rezidor SAS / November 2002


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