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 Radisson SAS Takes Over Crowne Plaza Hotel
on Edinburgh’s Royal Mile

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Brussels, November 2003…Radisson SAS Hotels & Resorts, the four-star brand of Rezidor SAS Hospitality, announces the immediate takeover of the Crowne Plaza Hotel in Edinburgh, Scotland.  The hotel, which will cater primarily to the corporate traveler, will immediately undergo a complete renovation with a total value of 4.5 M£ (approx. $7.5 million U.S.).
 
The Radisson SAS Hotel is situated in one of the best locations in Edinburgh, on the historic Royal Mile halfway between Edinburgh Castle and the Holyrood Palace.

The hotel currently offers 238 rooms, including nine suites and one honeymoon suite.  It has 12 meeting rooms, all with natural daylight, temperature control and ISDN connection.  The largest room can accommodate up to 120 guests.

The hotel also currently includes a 


  Radisson SAS Hotel, Edinburgh
(formerly the Crowne Plaza Edinburgh Hotel)
80 High Street The Royal Mile
Edinburgh, Scotland
business center, a restaurant, a lounge, a cocktail bar, and parking for 135 cars.  A fully-equipped fitness club with jet stream pool, sauna, solarium and treatment rooms is also available.

Kurt Ritter, president and CEO of Rezidor SAS Hospitality, said, “I am absolutely delighted to secure such a prestigious property in Edinburgh.  We have been looking for a site in the city for some time now and this location on the Royal Mile surpasses all my expectations.  It is also significant in building our UK portfolio, bringing the total number of Radisson SAS hotels to 11 open or under development, covering most major cities.”

The agreement was brokered on behalf of private purchasers and Rezidor SAS by WJB Mondiale Asset Managers.  Jones Lang La Salle Hotels acted on behalf of the private vendors.

Radisson SAS Hotels & Resorts, part of Rezidor SAS Hospitality, currently operates 128 hotels in 36 countries in Europe, the Middle East and Africa, with another 30 projects under development. 


 
Contact:
Rezidor SAS Hospitality
Emily Easter
Phone:  212-219-7560, ext. 204
www.rezidorsas.com
Also See: The $86 million Radisson SAS Hotel in Cologne, Germany Opens; Architecturally Significant Hotel Owned Primarily By Infra Immobilien GmbH Wuppertal / Feb 2003
Olivier Jacquin Appointed Senior Vice President of Sales, Rezidor SAS Hospitality / Sept 2003
Radisson SAS in St. Petersburg, Russia 'Deal of the Year' / April 2002


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