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Carlson Hotels Worldwide and Rezidor SAS Hospitality
Sign Multi-Brand Master Licensing Agreement;
 Positions the Carlson Brands for Growth in Europe, the Middle East and Africa
September 26, 2002 - U.S.-based Carlson Hotels Worldwide and one of the leading European hotel management companies, Rezidor SAS Hospitality, today announced a major expansion of their existing cooperation, setting the stage for significant new growth of Carlson Hotel brands in Europe, the Middle East and Africa to reach an expected total of more than 700 locations during the next 10 years.

Rezidor SAS, which has successfully grown the Radisson SAS brand in the European market under a master franchise agreement signed in 1994, from 29 hotels to 114, will now be offering an additional portfolio of Carlson brands, ranging from economy to luxury, including: Park Inn hotels, Country Inns & Suites By Carlson, and Regent International Hotels. The new agreement effectively positions the Carlson brands for extensive new growth in the important economic markets of Europe, the Middle East and Africa (EMEA).

"This is a breakthrough agreement which significantly benefits both companies," said Curtis Nelson, president and CEO of Carlson Hospitality Worldwide, the parent company of Carlson Hotels Worldwide and Kurt Ritter, president & CEO of Rezidor SAS Hospitality in a joint statement. "As the travel industry continues to consolidate, the power of global branding is a key element of future success in serving our customers. Partnership is power, and this agreement is a major advancement of that strategy in the hotel industry," they added.

Under terms of the agreement, Rezidor SAS Hospitality will: -- become the master franchisor for the EMEA region for four of Carlson's hotel brands, with an initial goal of 700 total hotel locations within the next 10 years. -- operate or license the hotels in the region under the names Radisson SAS Hotels & Resorts, Regent, Country Inn and Park Inn, reaching the major segments of the hospitality industry. -- take over existing management and franchise contracts for these brands in the region.

"From our comparative humble beginnings as SAS Hotels over forty years ago, Radisson SAS Hotels & Resorts has invested considerable time, effort, expertise and money to become a recognized industry leader," said Ritter.

"Carlson Hotels Worldwide, with the strength of its international brands, could have chosen to enter the Europe, Middle East and Africa arena in its own right. It is a testament to our proven track record that Carlson has chosen instead to partner with us to fulfill its global ambitions," Ritter added.

"This licensing agreement with Rezidor SAS will fully optimize the potential for our brands in the EMEA region," said Jay S. Witzel, president of Carlson Hotels Worldwide. "Their extensive market knowledge, record of success, and presence in 38 countries are expected to significantly impact business generation, customer awareness and loyalty for all of our locations."

Carlson's four hotel brands each reach a distinct market segment. Regent International Hotels is one of the world's most respected luxury hotel and resort companies; Radisson Hotels & Resorts is one of the world's leading full-service, upscale global hotel brands; Country Inns & Suites By Carlson is a fast-growing mid-tier lodging chain offering excellent value, high customer satisfaction and attractive accommodations; and Park Inn is positioned within the economy to mid-scale segment of the limited service hotel category that serves a wide range of guests in suburban and leisure destinations. 
 

Fact Sheet
Rezidor SAS Development Plans in Europe, 
the Middle East and Africa

Radisson SAS Hotels & Resorts - Rezidor SAS currently operates 114 Radisson SAS hotels and resorts in 38 countries with over 40 hotels under development.  Rezidor SAS expects to expand the brand significantly in the region within the next 10 years. Key development priorities include Scandinavia, the United Kingdom, Germany, France, Poland and the Benelux. Highlights of some of the most recent openings in 2002 include the first hotel in the heart of Paris, just off the Champs Elysees; and properties in Leeds, United Kingdom; Limerick, Ireland; and Wroclaw and Warsaw in Poland. Another nine contracts were signed this year for hotels in Birmingham, United Kingdom; Sochi, Russia; Narvik, Norway; Karlstad, Sweden; Berlin (2), Germany; Marseille, France; and Istanbul and Ankara, Turkey.

Regent - There are currently two Regent hotels in the EMEA region in Berlin, Germany; and Almaty, Kazakhstan. Rezidor SAS plans to develop a considerable number of Regent hotels in the next 10 years, with particular growth expected in the Middle East region.

Country Inn - Currently, there are 12 Country Inn locations in Europe, in the United Kingdom (2), Germany (7), and Austria (2), including the most recent opening at Charles de Gaulle Airport in Paris, France. Rezidor SAS will now manage and oversee licensing relationships for these properties and expects to grow the brand substantially within the next 10 years.

Park Inn - Rezidor SAS officials said they expect to expand this brand initially in South Africa (Cape Town) and the United Kingdom, but also in the United Arab Emirates and Saudi Arabia. The total number of hotels for this brand is expected to rapidly increase within 10 years. The Park Plaza brand, which is included in Carlson Hotels Worldwide's global portfolio, is not included in this licensing agreement with Rezidor SAS.

Carlson Hotels Worldwide, the lodging operations of Carlson Hospitality Worldwide, includes over 815 hotel and resort locations in 63 countries.  Specific operations of Carlson Hotels Worldwide includes Regent International Hotels; Radisson Hotels & Resorts, Country Inns & Suites By Carlson; and Park Plaza and Park Inns hotels Rezidor SAS Hospitality currently operates 114 Radisson SAS hotels and resorts in 38 countries, with a number of new destinations in the pipeline. Rezidor SAS Hospitality is a wholly owned subsidiary of the SAS Group.

###

Contact:

Joan Cronson
Carlson Hotels Worldwide
+1-763-212-1418
[email protected]
Stella Braukmann
Rezidor SAS Hospitality
+32-2-702-9224
[email protected]


Also See Rezidor SAS and BAA Lynton Sign Deal for New 57 million USD Radisson SAS Hotel at London Stansted Airport / December 2001
SAS International Hotels, Parent Company of Radisson SAS Hotels & Resorts, Changes its Name to Rezidor SAS Hospitality / Oct 2001


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