The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, announces a management agreement with the Norwegian real estate developer Linstow for 10 Reval Hotels in the Baltics (Latvia, Estonia & Lithuania) and in Russia. The agreement between Rezidor and Linstow will come into effect on June 1, 2010 and includes 3 hotels in Riga, 2 hotels in Tallinn, 2 hotels in Vilnius, and 1 hotel in each Kaunas, Klaipeda and St. Petersburg – adding a total of 2,367 rooms to Rezidor’s portfolio. 6 hotels will be rebranded as Radisson Blu and 4 as Park Inn.

“We are delighted and proud that Linstow, Reval Hotels owner, has chosen Rezidor as a business partner”, comments Kurt Ritter, President & CEO of Rezidor.

The agreement between Rezidor and Linstow, subject to regulatory approval, covers the following properties in Lithuania:

* Reval Hotel Lietuva in Vilnius/Lithuania (291 rooms, 17 meeting rooms) will become a Radisson Blu
* Reval Inn Vilnius in Vilnius/Lithuania (84 rooms, 3 meeting rooms) will become a Park Inn
* Reval Hotel Neris in Kaunas/Lithuania (206 rooms, 8 meeting rooms) will become a Park Inn
* Reval Inn Klaipeda in Klaipeda/Lithuania (84 rooms, 4 meeting rooms) will become a Park Inn

Origin  www.rezidor.com