Carlson Rezidor Group's 2012 Growth in India Strong with 13 Hotel Openings and 13 New Signings

Closes the Year with a Total India Portfolio of 63 Operating Hotels and 44 Hotels in Development

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. January 15, 2013

Singapore - January 15, 2013 - Carlson Rezidor Hotel Group, one of the world's largest and most dynamic hotel groups, achieved strong growth in India in 2012 with 13 hotel openings and 13 new signings, sealing its position as the number one international hotel operator in India by number of hotels and earning industry accolades along the way. Carlson Rezidor closed the year with a total India portfolio of 63 hotels in operation and 44 hotels in development.

The 13 hotel openings in India in 2012 have also helped Carlson Rezidor to score several “firsts”. The Group saw the opening of its first Radisson Blu hotels in Ahmedabad, Ghaziabad, Jaipur and Nagpur, as well as the establishment of the Group's first hotels in Hyderabad and Kandla.

Of the 13 new deals signed last year, many were for flagship hotels in choice locations of some of the major cities, resort destinations and satellite towns such as Faridabad, Gandhinagar, Jalandhar, Karjat, Salem, Gurgaon, Bhiwadi and Goa. These new deals have effectively reinforced the presence of Carlson Rezidor hotel brands and the growth of its hotel network across the country.

Carlson Rezidor's expansion in India also gained added traction with the signing in April of a strategic alliance with Bestech Hospitalities to develop a network of 49 Park Inn by Radisson hotels in north and central India by 2024. Under the agreement, Carlson Rezidor and Bestech will invest USD 42 million in a joint venture to develop the first two hotels, Park Inn by Radisson Gurgaon Sector 88 and Park Inn by Radisson Chandigarh, Mohali.

Last year, Carlson Rezidor also bagged a number of prestigious industry awards, in recognition of exceptional performance. Several of the Group's hotels in India were named the best in their categories and a few employees were also singled out as top performers in the industry.

“We are very proud of our India team, who has the capability and deep local knowledge to drive strategic growth for Carlson Rezidor in this key market. In 2012, Carlson Rezidor successfully consolidated our leadership position in India, despite the economic challenges in the West and their consequent impact on India's domestic market. We have forged new alliances, signed multi-property deals and grown our portfolio of opened and pipeline hotels. Carlson Rezidor remains confident in the potential of the Indian market and we foresee great opportunities to further strengthen our position in 2013. Apart from opening 13 more hotels in India this year, we will continue in our efforts to drive hotel management excellence and build capability at all levels. Carlson Rezidor is also ready to move forward aggressively with rolling out our mid-scale Park Inn by Radisson hotel brand in selected locations in India,” said Simon C. Barlow, president, Asia Pacific, Carlson Rezidor Hotel Group.

About Carlson Rezidor Hotel Group
Carlson Rezidor Hotel Group - born in early 2012 - is one of the world's largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels, a global footprint spanning 81 countries and territories, a powerful set of global brands (Radisson Blu, Radisson®, Park Plaza®, Park Inn by Radisson, Country Inns & Suites By CarlsonSM and Hotel Missoni). In most of the group's hotels, guests can benefit from the loyalty program Club CarlsonSM, one of the most rewarding loyalty programs in the world. The Carlson Rezidor Hotel Group and its brands employ more than 80,000 people.

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