26 March 2006
Radisson SAS Hotels & Resorts, the first-class brand of the leading hospitality company Rezidor SAS Hospitality, will take over the management of the InterContinental Hotel Dubai, the first five-star hotel in the emirate located in the heart of the city's business district, from 1 October this year.

Since the property opened more than three decades ago, it has been operated by InterContinental Hotels & Resorts, and is an established landmark on the Deira Creekside. The hotel is popular with business travellers and the GCC leisure market. It features 287 guest-rooms, including 39 suites, a total of 16 food and beverage outlets and extensive meeting and exhibition facilities.

"We are honoured to be taking on this property. We look forward to sharing our values including the 'Yes, I Can!' spirit and 100% guest satisfaction guarantee, with staff and customers alike. We are also planning to embark on a major renovation programme to recapture the grandeur of the hotel," said Kurt Ritter, President & CEO, Rezidor SAS Hospitality.  

Rezidor SAS has more plans for Dubai with two properties on The Palm, Jumeirah, to be ready in 2008.  It also recently opened Radisson SAS Hotel, Dubai Media City - the first international hotel chain within the emirate's free-zone.

"We will continue to explore business opportunities in the Middle East and will soon launch three of our other brands into the region - Park Inn, Regent and Missoni," said Jean-Marc Busato, Vice President Middle East, Rezidor SAS Hospitality.

-Ends-

NOTES TO EDITORS:
Rezidor SAS Hospitality is one of the fastest growing hospitality companies in the world and currently has 267 hotels, encompassing over 50,000 rooms, in operation and under development in 49 countries, with the aim to develop 700 hotels across its different brands by 2015.

In September 2002, Rezidor SAS announced a unique deal with US-based Carlson Hotels Worldwide to expand selected Carlson brands in Europe, the Middle East and Africa (EMEA). Rezidor SAS now operates Radisson SAS Hotels & Resorts, Regent International Hotels, Park Inn and Country Inns & Suites along with the goldpoints plus loyalty programme for frequent hotel guests. Initially, Rezidor SAS Hospitality was a wholly owned subsidiary of the Stockholm-based SAS (Scandinavian Airlines) Group. In June 2005, Rezidor SAS Hospitality completed the strategic agreement with US-based Carlson Hotels Worldwide, which resulted in an enhancement of their long-time franchise partnership into a shareholder agreement. Carlson Hotels Worldwide acquired a 25 percent shareholding in Rezidor SAS Hospitality from SAS group in return for renegotiated commercial terms of the parties' current Master Franchise Agreement.

In November 2005, Rezidor SAS signed a worldwide license agreement with the Italian fashion house Missoni, to develop and operate a lifestyle hotel brand of the same name: Hotel Missoni.

Rezidor SAS Hospitality head office is based in Brussels, Belgium.

For more information on Rezidor SAS and its portfolio of brands, please visit www.RezidorSAS.com.

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Contact:
Esther van Bemmelen,
PR & Communications Manager                 
Rezidor SAS Hospitality Middle East                                 
Tel. 00971 4 390 0082
Fax 00971 4 390 8171
esther.vanbemmelen@radissonsas.com

Press Release 2006