Rezidor Announces Plans for the Park Inn London ExCeL

BRUSSELS, Jan. 27, 2011 /PRNewswire/ -- The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, has announced plans for the Park Inn London ExCeL. The brand new property at the ExCeL Exhibition Centre in London is scheduled to open in Q2 2013.

"We are delighted to announce this new flagship in the key market of London. This property will further strengthen the presence and brand awareness of our young and dynamic mid market brand Park Inn in the UK," commented Kurt Ritter, president & CEO of Rezidor.

ExCeL is the largest event centre in London; it is spread over 100 acres and provides almost 100,000 square meters of space. Since the opening in 2000 at a cost of 300 million pounds Sterling, it has hosted more than 3,500 events and welcomed five million visitors. ExCeL, owned by the Abu Dhabi National Exhibition Centre (ADNEC), has recently completed a 160m pounds Sterling extension and became the largest exhibition venue in the UK. In November 2010, ExCeL London was officially voted the World's Best Meetings & Conference Centre, winning the coveted title at the World Travel Awards' Grand Final Gala.

The new Park Inn is the latest hotel in London planned by Rezidor Hotel Group and will be constructed by Galliford Try.  The Park Inn London ExCeL will be located a mere 200 metres west of the main entrance, and, soaring 20 stories above the skyline, will soon emerge as a local landmark. Facilities will include 223 rooms (the majority offering uninterrupted views of the River Thames), a restaurant and bar, several meeting rooms, and a fitness room.

Besides its position near to ExCeL, the London city centre hotel is also strategically located in easy proximity to London City Airport (which has over 200 daily flights), the commercial centre of Canary Wharf, and the state-of-the-art O2 concert arena. Moreover, the nearby Royal Docks area is currently undergoing a 1.5 billion pounds Sterling re-development, which will include new leisure and entertainment venues.

About The Rezidor Hotel Group

The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a range of London hotels in its portfolio of more than 400 hotels in operation and under development with 86,300 rooms in over 60 countries.

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 goldpoints plus(SM) 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.