Rezidor Announces Plans for the Park Inn London ExCeL

BRUSSELS, January 27, 2011 - 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 GBP300 million, 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 GBP160m 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 (
www.parkinn.co.uk/hotel-londonrussellsquare/location) 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
(www.parkinn.co.uk/hotel-londonrussellsquare/hotel-rooms) 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 GBP1.5 billion 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 (
www.parkinn.co.uk/hotel-londonrussellsquare) 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
(www.parkinn.com/) by Radisson and Country Inns & Suites in Europe,
Middle East and Africa, along with the goldpoints plusSM 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.

For further information please contact:

    Christiane Reiter
    The Rezidor Hotel Group
    Director Corporate Communication
    Avenue Du Bourget 44
    B-1130 Brüssel
    Belgien
    +32-2-702-9331

Christiane Reiter, The Rezidor Hotel Group, Director Corporate Communication, Avenue Du Bourget 44, B-1130 Brüssel, Belgien, +32-2-702-9331