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Rezidor SAS Planning a US $51 million 329 room
Radisson SAS Hotel at the Zurich Airport
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Brussels, August 2005 - Rezidor SAS Hospitality, the Brussels-based multi-brand hospitality company, has announced plans for the new Radisson SAS Hotel Zurich Airport, Switzerland.  Construction will begin at the start of 2006, and is slated for completion in autumn 2008. The £65 million (approx. $51 million U.S.) hotel will be located directly opposite the departure terminal (Terminal 1) of Zurich Airport and will feature 329 rooms and 40,000 square feet of conference space.  The hotel will be the first hotel in Switzerland with direct airport access. 
 
Swiss group Zurich Airport Invest AG, a subsidiary of Acron AG, has acquired the building rights for the hotel. The owner of the land and seller of the building rights is Unique (Flughafen Zürich AG). Rezidor SAS Hospitality holds a 25-year lease for the Radisson SAS Hotel Zurich Airport with Zürich Airport Invest AG. The general contractor is the Swiss company Marazzi Generalunternehmung AG, based in Muri near Bern, which has developed the project in collaboration with Unique. 
 
The new airport hotel will primarily focus on business travelers and frequent flyers with facilities including stylish rooms, spacious conference and event space on the hotel’s first and seventh floors with modern meeting and conference equipment and views of the airport. Leisure facilities include an inviting lobby bar for one-on-one meetings and a dining menu which tailors to the needs of today’s frequent travelers.  The facilities also include a fitness and wellness area.
 
"The Radisson SAS Hotel Zurich Airport will prove to be a milestone in Rezidor SAS’ development in the Switzerland region," comments Kurt Ritter, president & CEO of Rezidor SAS Hospitality. "Zurich Airport is one of the most important European gateways for long-distance travelers and thus also an important hub for business travelers, thereby proving an ideal location in which to prove our service quality. In addition, the first-class Radisson SAS hotel is the perfect complement to our mid-market Park Inn Hotel in Rümlang, not far from Zurich Airport, which has already been well received by the market.”
 
Radisson SAS Hotels & Resorts, part of Rezidor SAS Hospitality, currently includes 174 hotels in operation and under development in 44 countries in Europe, the Middle East and Africa. Radisson SAS is a first class hotel brand with key differentiators such as the 100% Guest Satisfaction Guarantee and the "Yes I Can" spirit of service. For more information, visit www.radissonsas.com
 
Rezidor SAS Hospitality is one of the fastest growing hospitality companies in the world and currently has 252 hotels, encompassing over 47,000 rooms, in operation and under development in 48 countries, with the aim to develop 700 hotels across its different brands by 2012. 
 
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 in these areas. Initially Rezidor SAS Hospitality was a wholly owned subsidiary of the Stockholm-based SAS 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. Rezidor SAS Hospitality head office is based in Brussels. 
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Contact:

Colleen McCormick
MMG Mardiks
Phone 212.219.7560 (ext. 6770)
cmccormick@mmgmardiks.com
www.rezidorsas.com

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Also See: Park Hyatt Zurich First Purpose-built Luxury Hotel to Open in Zurich for Over 20 years / September 2004
The SV Group (Switzerland) Building 152 room Courtyard by Marriott in Zurich / September 2004


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