Development Launched for 280-room Radisson Blu Resort Chongqing BeiBei to Open in 2018 in China

. July 11, 2014

CHONGQING - July 11, 2014 - Carlson Rezidor Hotel Group and CUTC Chongqing Easpring Hot Spring Development Co. Ltd today announced the signing of Radisson Blu Resort Chongqing BeiBei in Chongqing, China. This is Carlson Rezidor's fourth hotel in the Southwestern metropolis of Chongqing, a major manufacturing and pharmaceutical hub and one of China's four municipal cities, alongside Beijing, Shanghai and Tianjin. Chongqing is also known for its hot springs and natural beauty, and the Chongqing government is revamping the tourist infrastructure and major attractions such as the UNESCO World Heritage Site of Three Natural Bridges to boost tourist arrivals, which topped 288 million in 2012.

"Chongqing has emerged as one of China's leading megacities and we are proud to be a part of its development as a tourism city in southwest China. We believe that Radisson Blu Resort Chongqing BeiBei, strategically located in the famed north hot spring site, can positively contribute to its tourism growth. We look forward to a mutually beneficial relationship with leading hot spring resort developer CUTC Chongqing Easpring Hot Spring Development, to make this resort a success. This new deal underlies our strong commitment to China and strategic penetration of anchor markets in Asia Pacific," said Thorsten Kirschke, President, Asia Pacific, Carlson Rezidor Hotel Group.

Radisson Blu Resort Chongqing BeiBei is a 280-room new build hotel, located close to the Cai Industrial Zone for high-tech industries, Shuitu High Tech Zone for pharmaceutical firms, Yuelai International Convention Center and Liangjiang New District, China's third National New District. The hotel is accessible via several major highways and is also within easy reach of the city center, the train station, and Chongqing Jiangbei International Airport, one of the largest airports in Southeast China, with a capacity that is expected to hit 45 million a year following an expansion project that is scheduled for completion in 2015.

The hotel will be part of a 222,000sqm mixed development called Yishang Mountain Hot Spring Town, which includes, a hot spring and spa, high-end residences, commercial space and leisure facilities. Radisson Blu Resort Chongqing BeiBei will have three restaurants, a lobby lounge and bar, a fitness center, spa, an indoor swimming pool and a variety of meeting spaces.

"We are pleased to be working with Carlson Rezidor with its global presence and a strong reputation in the industry. Its well-respected Radisson Blu brand enjoys an excellent track record in Chongqing and we are confident that the brand will add value to our development," said Xu Zhiqiang, Chairman, CUTC Chongqing Easpring Hot Spring Development Co. Ltd.

Radisson Blu is one of the world's leading brands. Radisson Blu's vibrant, contemporary and engaging hospitality is characterized by a unique Yes I Can!sm service philosophy, and all of its first class hotels offer a range of World of Radisson features that are empathetic to the challenges of modern travel, including the 100% Satisfaction Guarantee. Carlson Rezidor is also one of the few hotel groups to offer Free Internet at all its hotels to all guests. Radisson Blu hotels also feature the signature Experience Meetings concept, which offers a holistic and innovative approach to meetings.

Worldwide, there are more than 300 Radisson Blu hotels in operation and under development in 77 countries. Radisson Blu properties are located in prime locations and in major cities, airport gateways and leisure destinations. In Asia Pacific, Radisson Blu hotels can be found in New Delhi, Bangkok, Sydney, Shanghai, Beijing, and Tianjin. In Chongqing, Carlson Rezidor manages Radisson Blu Sha Ping Ba and Radisson Blu Plaza Chongqing. Radisson Chongqing Tongluo Canyon, currently under development, opens in 2018. Carlson Rezidor has 13 hotels in operation and 19 under development in China.

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. www.carlsonrezidor.com

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