Rezidor announces development of the Radisson Blu Hotel, Istanbul Sisli

The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, announces the Radisson Blu Hotel, Istanbul Sisli. The new built 305-room property is scheduled to welcome the first guests in Q3 2012.

"This business and leisure hotel is our 4th property in operation and under development in greater Istanbul and brings our total number of rooms to almost 1,000. This clearly underlines how strategically important the Istanbul market is for our company", said Kurt Ritter, president & CEO of Rezidor. Rezidor already operates the Radisson Blu Bosphorus Hotel in the city centre and the Radisson Blu Conference & Airport Hotel near Istanbul, and has the Radisson Blu Hotel, Istanbul Asia under development.

Dilek Holding, the owner of the new hotel, is planning to actively expand its business within the 5-star hotel sector - the company also plans to develop a 130-room hotel in Istanbul, in the Pera district.

Istanbul is a true cultural capital: In its long and illustrious history, it has served as the capital city of the Roman Empire, the Eastern Roman (Byzantine) Empire, the Latin Empire, and the Ottoman Empire. The architectural and cultural legacies of these fallen empires remain, as the city was chosen as joint European Capital of Culture for 2010. The upmarket Sisli district is known for its grand avenues and modern commercial offices. It is also home to the Istanbul Cevahir Shopping and Entertainment Centre, which is the largest shopping centre in Europe and among the largest in the world.

A future landmark, the Radisson Blu Istanbul Sisli will offer 305 spacious and contemporary guest rooms featuring signature services such as free high speed internet access. Food and beverage facilities will be extensive and include 2 restaurants, a ballroom, and 20 meeting rooms with a total meeting space of around 2,000 square meters. For recreation, an outdoor swimming pool and a luxurious spa are planned.

About The Rezidor Hotel Group
The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a portfolio of more than 400 hotels in operation and under development with 87,800 rooms in over 60 countries, including a range of hotels in Ankara, hotels in Bucharest and hotels in Budapest.

Rezidor operates the brands Radisson Blu Hotels & Resorts, Park Inn by Radisson and Country Inns & Suites in Europe, Middle East and Africa, along with the Club Carlson loyalty programme for frequent hotel guests. Under a worldwide licence agreement with the iconic Italian fashion house Missoni, Rezidor also operates and develops the new lifestyle brand Hotel Missoni.

In November 2006, Rezidor was listed on the Stockholm Stock Exchange. Carlson, a privately held, global hospitality and travel company, based in Minneapolis (USA), is the majority shareholder.

The Corporate office of the Rezidor Hotel Group is based in Brussels, Belgium.

For further information please contact:
Christiane Reiter
Director Corporate Communication
The Rezidor Hotel Group
Avenue Du Bourget 44
B-1130 Brüssel
Belgien
+32 2 702 9331
www.radissonblu.com