Rezidor announces the signing of nine new hotels featuring over 2,000 rooms and opening of four new hotels with more than 600 rooms in the third quarter of 2012. Year-to-date, the group added 26 hotels with 5,900 rooms to its pipeline and opened 13 hotels featuring 2,900 rooms.
As a crucial part of the Route 2015 target, Rezidor continuous to signal its commitment to asset-light growth strategy focusing on profitable growth through management and franchise contracts in emerging markets.
Almost all openings and signings in the third quarter were fee-based and in the emerging markets of Eastern Europe, the Middle East and Africa.
The third quarter new openings include two new-build hotels in sub-Saharan Africa, where there is a shortage of internationally branded hotel accommodation, including Radisson Blu Hotel, Lusaka in Zambia and Park Inn by Radisson, Téte in Mozambiqe. Rezidor has currently 22 hotels (5,400 rooms) in operation and another 27 hotels (5,600 rooms) in the pipeline in Africa.
The third quarter saw the opening of the following hotels, all under management and franchise contracts: