137-room Park Inn by Radisson Izmir Under Development in Turkey to Open Q4 2015

. March 18, 2014

Brussels - March 18, 2014 - The Carlson Rezidor Hotel Group, one of the largest and most dynamic hotel companies worldwide, today announced the Park Inn by Radisson Izmir, Turkey. Featuring 137 guest rooms, the hotel is scheduled to open fourth quarter, 2015. This brings Carlson Rezidor's portfolio in Turkey to 12 hotels and 2,000 rooms in operation and under development.

"Turkey is a focus country for Carlson Rezidor where we aim to further strengthen our core brands, Park Inn by Radisson and Radisson Blu, together with experienced partners", said Wolfgang M. Neumann, president and chief executive office of Rezidor. "Park Inn by Radisson is a dynamic mid-market offering - a positive and vibrant brand, focusing on today's essentials and targeting domestic and international travellers alike."

The Park Inn by Radisson Izmir will enjoy a prime location: next to 'Kordon" the most prestigious waterfront area in Izmir, with views of the sea and facing the future marina of the city. The hotel will comprise 137 rooms, an all-day dining restaurant and lobby bar, three meeting rooms, a gym and spa.

Izmir, located on the Aegean Sea, is Turkey's third largest city and second most important economic hub. Its activity is mainly focused on trade and export and holds a significant industrial base, realizing up to nine percent of Turkey's industrial production. Izmir Alsancak Port is Turkey's second largest seaport, geographically well positioned to capture the European and Middle Eastern market, and serving as a main transportation hub in eastern Anatolia. The construction of the North Aegean Candarli Port is expected to be completed by the end of 2016. This second port will serve as a hub for all major international sea lines and will be Turkey's largest port with an annual capacity of 20 million tons.

About Carlson Rezidor Hotel Group

Carlson Rezidor Hotel Group is one of the world's largest and most dynamic hotel groups. The Carlson Rezidor portfolio includes more than 1,340 hotels in operation and under development with a footprint spanning over 105 countries and territories and a powerful set of global brands including Quorvus Collection, Radisson Blu®, Radisson®, Radisson Red, Park Plaza®, Park Inn® by Radisson and Country Inns & Suites By CarlsonSM. Carlson Rezidor plans to grow its portfolio to nearly 1,500 hotels in operation and under development by 2015. In most hotels, guests can benefit from Club CarlsonSM, one of the most rewarding loyalty programs in the world. Carlson Rezidor and its brands employ 88,000 people.

Carlson Rezidor Hotel Group is headquartered in Minneapolis, Minn., and Brussels, Belgium.

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