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Rezidor SAS Enters the Iranian Hotel Market; Will Manage
the Dariush Grand Hotel on Kish Island

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Dubai, May 5, 2004 - Rezidor SAS, whose portfolio includes Park Inn, Country Inn, Radisson SAS, Cerruti and Regent, today announced that it will manage the Dariush Grand Hotel on Kish Island, making Rezidor SAS the first international hotel company in 25 years to enter the Iranian hotel market.

Kurt Ritter, president & CEO of Rezidor SAS Hospitality, comments: �I am thrilled and very proud to enter Iran with Rezidor SAS. Kish Island offers unspoiled, relaxed and natural surroundings, ideal for short breaks from anywhere in the Gulf and the Dariush Grand Hotel will be one of the best hotels on Kish Island.�

The 168-room Dariush Grand Hotel overlooks the Persian Gulf and has a private beachfront with a dolphin center close by. The architecture and design of the hotel is based on the rich cultural heritage of Iran, reflecting the ancient period of the Dariush Kingdom.

The hotel will open this month and is surrounded by extensive gardens.  Other facilities will include an all-day dining restaurant, a seafood restaurant, a lobby café, a pastry and coffee lounge, an open air entertainment area and a fitness room.  The hotel offers three multi-purpose rooms for meetings and small conferences.

The Persian Gulf island of Kish is a free trade zone located approximately 11 miles south of Iran�s southern coast. A wide variety of water sports are available including scuba diving, parasailing, jet-skiing, sailing and fishing. Visitors of all nationalities receive visas for Kish upon arrival at the airport. This visa allows for stays of up to 14 days.

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


 
Contact:
Rezidor SAS
www.rezidorsas.com
Also See: Quality and Value � The Trademark of the Society for Hospitality Management / February 2004


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