The Rezidor Hotel Group, one of the fastest growing hotel companies in the world, is pleased to announce the signing of the Radisson Blu Hotel, Timisoara. This takes the group's portfolio in Romania to four hotels, with two in operation and two under development adding to 11 hotels (2,628 rooms) in operation and now two hotels (265 rooms) in development in South-Eastern Europe. Radisson Blu and Mulberry Development brings its first international upper upscale brand hotel to the city, marking a milestone in the service excellence of the local hotel market and ISHO, the new neighborhood of Timisoara.
Elie Younes, Executive Vice President & Chief Development Officer of Carlson Rezidor Hotel Group, said: "We are pleased to continue boosting our presence in line with our Romania strategy, and this strengthens our South-Eastern Europe development in secondary cities. We appreciate the local business fundamentals and thank our respected partner from Mulberry Development for their commitment. Timisoara is a very attractive destination for us; it has significant development potential, and there are major investments with attractive new concepts."
To be newly built, The Radisson Blu Hotel, Timisoara is expected to be completed in 2020, and will feature 160 rooms, a signature restaurant and bar concept, 1,000m2 of meeting space (including a ballroom), and a 24/7 fitness center. The property will be an integral part of the ambitious development of the most important combined real estate project in the ISHO neighborhood of Timisoara.
The hotel will be located within walking distance of the old town, which retains much of the ornate 19th Century architecture from when the city was a key part of the Hapsburg Empire. The project will be an important investment for the biggest city in Western Romania, and is being realized by Mulberry Development.
"Timisoara is more and more visible across Europe, and our city becomes more attractive considering both business and tourism sectors. We are very glad that such important private investments will be made in our city, and that we will host such a distinguished hotel operated in the professional manner you would expect of a top international brand," remarked Nicolae Robu, Mayor of Timisoara.
"The rise of a new business hub around the concept, promoted by ISHO, represents a good opportunity for significant new investments in the city. I am confident that we will manage to build a distinguished hotel together that will very soon become a reference for our region, and will have a role in the development of the city - including the amenities offered, both as accommodation units and the new conference center that is so needed in Timisoara", emphasizes Ovidiu Sandor, developer of ISHO neighborhood.
Mulberry Development was assisted during the negotiations by the leading law firm Wolf Theiss, Austria and by the consultants of PFK Hotelexperts from Vienna.
The Radisson Blu Hotel, Timisoara will be managed and operated by The Rezidor Hotel Group.
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For further media information, please contact:
Martin Melzer, Area Manager Communications & PR, Central & Southern Europe
martin.melzer@carlsonrezidor.com
Lucie Cardona, Director, Media Relations & Reputation Management, Corporate Communication
lucie.cardona@carlsonrezidor.com
About The Rezidor Hotel Group
The Rezidor Hotel Group is one of the most dynamic hotel companies in the world and a member of the Carlson Rezidor Hotel Group. The group features a portfolio of 479 hotels with over 106,000 rooms in operation or under development in 79 countries.
Rezidor operates the core brands Radisson Blu® and Park Inn® by Radisson in Europe, the Middle East and Africa (EMEA), along with the Club Carlson loyalty program for frequent hotel guests. In early 2014 and together with Carlson, Rezidor launched the new brands Radisson RED (lifestyle select) and Quorvus Collection (luxury). In 2016, Rezidor acquired 49% of prizeotel. Rezidor has an industry-leading Responsible Business Program and was named one the World's Most Ethical Companies by the US think-tank Ethisphere.
In November 2006, Rezidor was listed on the Nasdaq Stockholm, Sweden. HNA Tourism Group Co., Ltd., a division of HNA Group Co., Ltd. - a Fortune Global 500 company with operations across aviation, tourism, hospitality, finance and online services among other sectors - became the majority shareholder in December 2016.
The Rezidor Hotel Group and its brands employ 43,700 people in EMEA and is headquartered in Brussels, Belgium.
For more information, visit www.rezidor.com, Twitter: @carlsonrezidor, LinkedIn: www.linkedin.com/company/2364, Instagram: https://www.instagram.com/carlsonrezidormoments/
About Mulberry Development
Mulberry Development is an award-winning real estate development company, founded by Ovidiu Sandor, a successful entrepreneur from Timisoara. The company is best known for three leading real estate projects in Romania's largest non-capital cities: City Business Centre and ISHO in Timisoara and The Office in Cluj-Napoca. The real estate projects have attracted important international companies like Bosch, Bombardier, SAP, IBM, Deloitte, Mol Romania, Raiffeisen Bank, UniCredit, Betfair or National Instruments.
Media contact: Daniel Crainic, +40 (0) 748 882 811
