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Rezidor Ends Management of Radisson Blu Hotel Fredrikstadt

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The Rezidor Hotel Group and the owners of the Radisson Blu Hotel Fredrikstad, Lykkeberg Hotel Drift AS and Lykkeberg Holding AS, have agreed to terminate their agreement. As a result, the 172-room Radisson Blu Hotel Fredrikstadt is no longer being operated by Rezidor.

“This termination does not affect our focus on a further profitable growth in our Nordic home markets,” stressed Kurt Ritter, President & CEO of Rezidor.

 In Norway, where Rezidor currently operates 23 hotels with a total of 5,620 rooms, the group aims to concentrate development on the young and dynamic mid market brand Park Inn.

 Among the key projects under development are the Park Inn Oslo (118 rooms, Q1 2010) and the Park Inn Oslo Airport featuring 300 rooms and extensive conference facilities which is scheduled to open its doors in Q3 2010.

 “This hotel will also strengthen Rezidor’s position as Europe’s leading airport hotel operator – our portfolio comprises almost 30 airport hotels with more than 7,500 rooms,” Kurt Ritter said.

In December 2008, Rezidor opened the successful Radisson Blu Resort, Trysil with 210 rooms; and in late 2011, the Radisson Blu Sørlandet Resort, Tromøya Arendal with 290 rooms will welcome the first guests.

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