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Rezidor SAS Developing 220 room Park Inn
Connected to the Sarvar Spa, Hungary

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Brussels, March 2004� Park Inn, the growing mid-market hotel brand of Rezidor SAS Hospitality, signed an agreement for the development of its first hotel in Sarvar, Hungary.  The hotel will open at the end of 2005.

The newly-constructed Park Inn Sarvar will be one of the leading hotels in the spa-city. The hotel will be connected to the new Sarvar Spa that offers indoor and outdoor spa facilities as well as an extensive wellness complex. The Park Inn will offer 220 rooms, all overlooking the gardens and the nearby lakes.

Kurt Ritter, president & CEO of Rezidor SAS, comments: �Currently we manage two Radisson SAS hotels in Hungary: one in Budapest and one in Buk. I am extremely excited to introduce the Park Inn brand to the Hungarian market.�

Food and beverage facilities in the Park Inn Sarvar will include a restaurant, a brasserie, a lobby bar and a coffee shop with a terrace. The meeting & conference facilities can accommodate up to 300 guests.  Parking will be available for up to 200 cars.

Park Inn by Rezidor SAS is a fresh and energetic upcoming mid-market hotel brand, set for extensive growth across Europe, the Middle East and Africa.  Currently operating 29 hotels in seven countries, Park Inn by Rezidor SAS focuses on the basics � a user-friendly hotel experience within its category, warm and casual service and cleanliness.  At present, there are more than 70 Park Inn locations worldwide. 

Rezidor SAS Hospitality, one of the fastest growing hospitality companies in the world, has a portfolio of five brands. Rezidor SAS is the sole franchisor in Europe, the Middle East and Africa for the Carlson brands: Radisson, Park Inn, Country Inn and Regent. Rezidor SAS will soon announce the opening of its first lifestyle hotel under the brand Cerruti, a joint initiative with the international fashion house. Rezidor SAS currently includes 220 hotels in operation and under development in 40 countries. 

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Contact:
Rezidor SAS Hospitality
www.rezidorsas.com
www.parkinn.com
Also See: Rezidor SAS Signs Agreements for Two New Resorts in Sylt, Germany and Malta / February 2004
Radisson SAS Hotel Berlin Opens Featuring the World�s Largest Indoor Hotel Aquarium, Stocked with 2500 Tropical Fish / March 2004
Hungaria Golf Ltd. Building a 200-room Radisson SAS Resort in Buk, Hungary / March 2002


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