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Rezidor Revals in ten new properties.
Saturday, 1st May 2010
Source : HVS International
Rezidor Hotel Group is to take on the running of ten Reval properties in the Baltics and Russia in a management agreement with Reval Hotels' owner Norwegian real estate developer Linstow.

The agreement encompasses three hotels in Riga, Latvia, which will be rebranded as Radisson Blu properties; two hotels in Tallinn, Estonia, which will become a Radisson Blu and a Park Inn; two hotels in Vilnius, Lithuania, which will both be rebranded as Park Inns; a hotel each in Kaunas and Klaipeda, Lithuania, which will also become Park Inns; and one hotel in St Petersburg, Russia, which will become Rezidor's second Radisson Blu in the city.

The agreement is to come into effect on 1 June 2010 and will add a total of 2,367 new rooms to Rezidor's portfolio.

www.hvs.com
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