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Radisson SAS Hotels & Resorts Begins Major Wave
of Investment in the UK & Ireland Market
Group Announces 16 New Properties In The UK By 2005

Brussels, November 2000�. The success of Radisson SAS Hotels & Resorts� current properties in London, Manchester, Dublin and Stirlingshire, has led to a new major wave of investment in the UK & Ireland market.  Radisson SAS has signed contracts for four properties in Glasgow, Leeds, Nottingham and Galway, Ireland, all to be opened by 2002, with a further seven under negotiation in Liverpool, Belfast, Bristol, Aberdeen, Edinburgh, Stansted Airport and Midlands Airport. These will lead the way for further negotiations to fulfil the group�s aim to have 16 new properties by 2005.

Radisson SAS Hotel, Galway
This hotel is on schedule to open in April 2001 and will complement the existing Radisson SAS property in Dublin. The 204-room hotel will offer the largest conference and banqueting facilities in the West of Ireland and is ideally situated just minutes from Galway railway station and city centre. The hotel is one hour�s drive from Shannon Airport, although plans to improve Galway Airport are well under way.

The Shannon region is the home to a wealth of blue chip businesses and is rising as a leisure destination, with such attractions as Connemara, Aran Islands, The Cliffs of Moher and its outstanding championship golf courses. Galway itself is the fastest growing city in Ireland and has become the third largest in the Republic of Ireland, after Dublin and Cork. With Shannon Airport hitting its two million passenger mark this month, further developments at the airport and the introduction of Shannon as an alternative gateway to the US will attract further growth in this region.

Radisson SAS Hotel, Leeds
The Radisson SAS Leeds Hotel is scheduled to open in November 2001. With 147 rooms, the hotel will be developed from an original 1930�s building located in the city centre and will offer a lobby bar, restaurant and large shopping mall with several boutiques and restaurants.

Radisson SAS Hotel, Nottingham
Radisson SAS is currently developing a 220-room hotel in the centre of
Nottingham, to open in the Spring of 2002. The Radisson SAS Nottingham
Hotel will offer a full-scale restaurant, bar and 1000 sqm health and fitness club, including pool, Jacuzzi and sauna. The hotel will also have a dedicated banqueting floor as well as a dedicated conference floor. This hotel is being redeveloped from a 1930�s building, formerly a post office building

Radisson SAS Hotel, Glasgow
Due to open in August 2002, The Radisson SAS Glasgow will be situated in the city centre, adjacent to the shopping area of Argyle Street. Ultra modern in design, the hotel will have 250 rooms, conference and banqueting facilities, health club, restaurant and bar.
 

Kurt Ritter, President & CEO of Radisson SAS Hotels & Resorts, comments: �The launch of these four new hotels is just the beginning of our development in the UK & Ireland as a new home market. The success of our existing home markets in both the Nordic countries and Germany has now allowed us to focus on other areas of development, not only in the UK, but also in France, Italy and Benelux. We are well on target to have 16 properties in the UK & Ireland by 2005, to establish Radisson SAS as a household name in this region.�

Over and above UK properties currently under construction, Radisson SAS is currently finalising negotiations for several new properties including openings in Liverpool, Edinburgh, Stansted Airport and Midlands Airport all of which should all be signed by next year. 

Areas for future investment also include other key provincial cities including Aberdeen, Bristol, Birmingham, Reading and Newcastle.  

As part of its expansion strategy, Radisson SAS is also closely looking at resort development in Ireland.

Radisson SAS Hotels & Resorts currently includes 108 hotels in operation and 26 hotels under development in 38 countries and is the sole franchisor in Europe, the Middle East and North Africa for Radisson Hotels & Resorts Worldwide.  Radisson Hotels & Resorts Worldwide and its parent company Carlson Hospitality Worldwide includes 653 hotel and resort locations representing 120,691 guest rooms in 53 countries plus five luxury cruise
ships sailing worldwide.


Kurt Ritter - President & CEO

Kurt Ritter (born 1947) joined SAS in 1976 and served as President & CEO of SAS International Hotels (SIH) from June 1989. Since the formation of the strategic partnership with Radisson Hotels & Resorts in August 1994, he has assumed the role of President & CEO, Radisson SAS Hotels & Resorts.

Born in Switzerland, Mr Ritter began learning about the hospitality industry and the importance of customer service while growing up in his parents� hotel. After the Ecole Supérieure de Commerce du Canton de Vaud, he graduated from Switzerland�s Ecole Hôteliere in Lausanne in 1970. He was then hired as Assistant Manager at the Bellevue Palace Hotel in Bern.

Mr Ritter worked in several positions for Ramada properties in Brussels, France, Germany and Sweden and was appointed General Manager of the SAS Luleå Hotel in northern Sweden in 1976.

In 1979 he moved to the Middle East as the first General Manager of the SAS Kuwait Hotel and a few years later he was given the additional responsibility of Vice President Middle East for SAS International Hotels.

In 1984 Mr Ritter was transferred to Singapore as Vice President Middle & Far East. He relocated to Oslo, Norway as Vice President & COO in early 1988, and remained there until he was made President & CEO towards the end of 1989. In 1990, he moved the corporate office of the then named SAS International Hotels to Brussels in order to position the company for international growth.

Under Mr Ritter�s direction, SAS International Hotels finalised an agreement with Radisson Hospitality Worldwide in 1994, which spurred the growth from 29 to 118 hotels in 35 countries. 

In 1989 Kurt Ritter attended the Advanced Management Programme in INSEAD, France. In 1997, he was granted an Honorary Doctorate of Business Administration in Hospitality Management by Johnson & Wales University, USA in recognition of outstanding expansion achievements.

Mr Ritter sits on the 12 member IHEI International Council (International Hotels Environment Initiative, a programme under the auspices of the Prince of Wales Business Leaders�s Forum) and is a Board member of the Glion Hotel School.


 
   
 
 
 [email protected]
(32)(2) 702 9224
http://www.radissonsas.com

 

Also See Radisson SAS Joint Ventures as Management Partner at The Radisson Hotel Waterfront (previously known as the Villa Via Granger Bay) / Nov 2000 
Fredrik Korallus Appointed Senior Vice President Sales & Marketing, Radisson SAS Hotels & Resorts / Mar 2000 
50 Million Euro Investment for Major Renovations at Radisson SAS Hotels / June 2000 


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