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Rezidor SAS Hospitality Takes Over Management
of Seven Hotels in France, Acquired by the
Financial Group Darthall B.V. 
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Converts Seven Hotels in France to the Radisson SAS and Park Inn Brands 

Brussles, May 2004 As of June 1, 2004, Rezidor SAS Hospitality will manage seven hotels in France, acquired by the financial group Darthall B.V. through a 100 percent shareholding of the E.G.H. group, previously owned by the Partouche Group.  Rezidor SAS will manage the hotels through a long-term lease agreement.
 

The 245-room Le Méridien in Lyon and the 120-room Park Hôtel Aix-les-Bains will be re-branded Radisson SAS and renamed the Radisson SAS Hotel Lyon and the Radisson SAS Hotel Aix-les-Bains respectively.  The remainder of the properties, located in Lyon, Nancy, Macon, Orange and Arcachon, will be re-branded Park Inn.

The hotels have undergone renovations in recent years, collectively estimated at 11 million Euros (approx. $13 million U.S.). Rezidor SAS intends to make further investments, in particular in the Park Inn hotels, including the introduction of a new line of amenities conforming to brand standards.


Le Méridien Lyon Part-Dieu
129 rue Servient
69003 Lyon, France
Rezidor SAS currently manages five properties in France: the Radisson SAS Hotel Charles de Gaulle Airport, the Radisson SAS Hotel Champs-Elysées, the Radisson SAS Hotel Nice, the Park Inn Nice and the Country Inn Charles de Gaulle Airport.

With these additions, Rezidor SAS becomes a significant international hotel operator in France, with a total of 12 properties in operation including 1,844 rooms in the mid-market and first-class segments.

In addition, Radisson SAS hotels in Bordeaux, Paris Porte de Saint-Cloud and Disneyland Resort Paris are scheduled to open in 2005 and a Radisson SAS hotel in Marseille is scheduled to open in 2006. 

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 has recently announced 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. The company aims to include 700 hotels under the different brands by 2012. 

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Contact:

Rezidor SAS
www.rezidorsas.com


 
Also See: Orion Capital Managers L.P. Developing a 250 room Radisson SAS Hotel at Disneyland® Resort Paris; Designed by Architect Demetri Porphyrios / Sept 2003
Olivier Jacquin Appointed Senior Vice President of Sales, Rezidor SAS Hospitality / Sept 2003


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