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Baltic Realty & Hotel Invest, a Norwegian Corporation, 
Rebranding Hotel in Klaipeda to Radisson 
Brussels, April 2000�To further strengthen its position in the Baltic States, Radisson SAS has recently signed a management agreement to operate its second hotel in Lithuania, in Klaipeda. Radisson SAS is the first international hotel brand represented in the city and the leading international hotel operator in the Baltic region with hotels in Riga, Vilnius and Tallinn (2001).

Located in the city centre close to the harbour area, this 75-room first class full service hotel will be completely reconstructed and undoubtedly be the highest quality hotel in town. Guest facilities will include a spacious lobby area with the Radisson SAS unique satellite reception desks, a restaurant, a bar and conference and meeting facilities for up to fifty delegates.  

Owner and developer of the Radisson SAS Hotel, Klaipeda is Baltic Realty & Hotel Invest, a Norwegian corporation.

Kurt Ritter, President and CEO of Radisson SAS Hotels & Resorts comments:� We have been present in the Baltic States since five years now with successful hotels in Riga and Vilnius and a hotel under construction in Tallinn, which will open in January next year. He adds: �The addition of a second hotel for Radisson SAS in Lithuania will further strengthen our position in the Baltic States and I am confident that the property in Klaipeda will contribute to our success in the region�.

Lithuania, which is located on the eastern cost of the Baltic Sea has a population of approximately 3.7 million people. The country is bordered to the north by Latvia, to the east and south by Belarus and Poland, and to the southwest by Kaleningrad, Russia. Klaipeda is Lithuania�s third largest city and one of the major fishing ports in the region. Main industries include metalworking, oil refining, shipbuilding, machine construction, paper, chemical products, construction material and furniture. The country also has modest deposits of oil and natural gas.

Radisson SAS Hotels & Resorts, currently includes 99 hotels in operation and 28 hotels under development in 37 countries and is the sole franchisor in Europe, the Middle East and Africa for Radisson Hotels & Resorts Worldwide.  

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Contact:
Farida Blok, Director Public Relations  
Radisson SAS Hotels & Resorts
Tel: (32)(2) 702 9224
[email protected]
Also See: Radisson SAS Hotels & Resorts Achieves Record 1999 Financial Results; Now Has 125 Hotels in 36 Countries /  Feb 2000 
Executive Management Moves at Radisson SAS Hotels & Resorts / April 2000  

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