"We are very excited to expand the Radisson brand in Korea with such a superb hotel known as Seoul's finest deluxe business property with world-class facilities," said Brian Stage, president and COO of Radisson Hotels Worldwide. "Seoul is a key center of business and commerce and an important feeder market for Asia." Overlooking the heart of Seoul and the gardens of Doksu Palace, the Seoul Plaza Hotel stands at the crossroads of ancient Korean and 20th century architecture, with easy access to leading business headquarters, embassies, banks and the best shopping and sightseeing in town. The hotel is 25 minutes from Kimpo International Airport and convenient to the subway.

Recently completing a $30 million renovation, the hotel features a stunning, marble and granite lobby, and spacious deluxe rooms with elegant and refined furnishings and marbled baths with separate shower. There are also non-smoking floors and suites with voice-mail, private fax, a small bar and in-room safes. Guests can choose from a Business Suite with special entry, a Plaza Suite with sauna bath, or a VIP Suite with two bedrooms, two living rooms and a conference room.

The five "Club Plaza" floors offer a concierge, butler service, personal facsimile, dual-line phone system, safe,
voice-mail, and deluxe towels and linens. Club Plaza guests are offered a daily complimentary continental
breakfast, drinks and hot hors d'oeuvres any time of the day, drinks and snacks each evening, an English
language newspaper, multi-lingual secretarial services are available and there is a late 2 p.m. check-out. The
Business Center is equipped with two conference rooms (for eight and 14 persons), work stations and Internet
hook-up, audio-visual equipment, and secretarial, translation, courier, shipping and business card printing
services.

Conference and banquet facilities are available to accommodate groups, ranging in size from 10 to 1,000 people.
The hotel is connected via a lower level to a new 18-story annex building adjacent to the hotel with an upscale
shopping arcade, first class office tenants and one of the best-equipped health clubs in Seoul located on the top
four floors, with panoramic views of the city.

The hotel's arcade offers world-famous boutique shops, drug stores, car rental service and travel agency.

The hotel's extensive dining offerings include five restaurants. Guests can enjoy French cuisine at Topaz; Korean fare at Asadal; Japanese delicacies at Kotobuki; Japanese style Steak-Teppanyaki at New Hama; Chinese cuisine
at Tao Yuen; and there is all day dining and buffet service at Plaza View. There is also a lobby lounge, a sky
lounge bar, and live music at the Plaza Pub.

"Despite the current economic challenges, we view the Asia Pacific region of the world as a long range growth
opportunity and strategically imperative for the travel and tourism industry," said Jim Olson, Carlson Hospitality
Worldwide's senior vice president of development Asia/Pacific. "Utilizing a strategy of partnership with existing
hotel companies and development groups in this region, we are accelerating our development efforts to reach a
total of 50 locations in Asia/Pacific in the year 2000," he added.

Radisson hotels are currently open in the Asia/Pacific region in China (2), India, Indonesia (7), Japan (3),
Malaysia (3), Thailand, Australia (6) and in Oahu, Hawaii.

The Radisson Seoul Plaza Hotel is offering a Business Class package of $200 USD per night, for one or two
people a room, effective through Dec. 31, 1998, based upon availability. Business Class includes extra amenities
such as full breakfast, complimentary newspaper, in-room movie and coffee, dataport, and telephone/computer
line access, but may vary upon location.

The hotel will be linked to Radisson's industry-leading business delivery and reservations systems. Reservations
for Radisson Hotels Worldwide can be made in the United States or Canada by calling 800-333-3333, with a travel
agent or by visiting the company's web site at www.radisson.com.

Minneapolis-based Radisson Hotels Worldwide and its parent Carlson Hospitality Worldwide include more than
495 lodging locations in 49 countries, plus four cruise ships sailing worldwide. Other operations of Carlson
Hospitality Worldwide include Regent International Hotels, Radisson Seven Seas Cruises, Country Inns Suites
By Carlson, T.G.I. Friday's, Italianni's, Friday's American Bar, Friday's Front Row Sports Grill, and the Carlson
Hospitality Worldwide Procurement Group.

Carlson Hospitality Worldwide is one of the major operating groups of Carlson Companies, Inc. Other Carlson
Companies groups include Carlson Marketing Group, a worldwide marketing services company operating in 17
countries; Carlson Leisure Group, responsible for leisure travel ventures around the globe; and Carlson Wagonlit
Travel (co-owned with Accor Group of Paris), a world leader in business travel management. Carlson's travel
agency interests include 5,300 travel locations in more than 140 countries around the world. Systemwide revenues for Carlson Companies, Inc. are expected to exceed $20 billion in 1997 under Carlson brands.