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The success story
In 2004, Rezidor SAS completed a full decade of continuous growth, both in terms of the number of hotels and in business volume. The company has also managed to turn the financial results around and get back in the black again after a single year of loss.
Rezidor SAS is among the fastest growing hotel companies in the world, growing almost tenfold in a decade.
Since 1994, Rezidor SAS has grown Radisson SAS into one of the major up-market hospitality brands in Europe, the Middle East and Africa with over 170 hotels in operation and under development in 39 countries today.
In 2002, Rezidor SAS Hospitality and Carlson Hotels Worldwide signed a multi-brand franchise agreement for three additional Carlson brands.
In March 2005, the partners decided to build on their success platform when Carlson Hotels acquired 25% share-holding in Rezidor SAS, pending regulatory approval, in return for renegotiated commercial terms.
Rezidor SAS Hospitality operates as a focused hospitality management company. As such, it manages brands, people, relationships and other people's properties.
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