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Carlson Rezidor announces the Radisson Blu Resort Al Khobar Aziziya and the Radisson Blu Hotel & Residence Unaizah in Saudi Arabia

Hospitality News: THE REZIDOR HOTEL GROUP

THE REZIDOR HOTEL GROUPCarlson Rezidor Hotel Group, one of the largest and most dynamic hotel companies worldwide, further strengthens their portfolio in the Kingdom of Saudi Arabia and announces two upper upscale Radisson Blu properties: The Radisson Blu Resort Al Khobar Aziziya with 186 rooms will open in Q4 2015 ? followed by the Radisson Blu Hotel & Residence Unaizah with 180 units in Q2 2016. Carlson Rezidor?s portfolio in Saudi Arabia now comprises 16 hotels in operation and under development.

?Saudi Arabia enjoys continuous economic growth and a healthy hospitality industry. It is one of our key focus countries for future business development, and we look forward to further expanding our network across the Kingdom. We are delighted to partner with Al Fahd Group in contributing to Saudi Arabia?s infrastructure and hospitality developments?, said Wolfgang M. Neumann, President & CEO of Rezidor.

?We are committed to ongoing investments in the hotel sector in order to meet the growing demand for quality accommodation in the Kingdom. The regions of Saudi Arabia are witnessing rapid tourism development, and Al-Fahd Investments will continue to capitalize on this enormous potential by increasing its contribution to this vital sector of the Kingdom?s economy?, commented Ahmad Bin Fahd Al-Fahd, President of Hospitality for Al-Fahd Investments.

The?Radisson Blu Resort Al Khobar Aziziya?will be one of the first quality beach resorts on the Al Khobar coast of Half Moon Bay in the Al Aziziya district, located in the south of the city. Dammam International Airport is 50 kilometers away from the site; and the King Fahd Causeway that links to Bahrain is less than 10 kilometers away. Besides 186 modern rooms with Radisson Blu signature services such as free high speed internet access, the hotel will feature a 330m? all-day dining restaurant, a 200m? lobby cafe, more than 270m? of meeting and event facilities, as well as 350m? of wellness facilities with gym, sauna and outdoor pool.

The?Radisson Blu Hotel & Residence Unaizah?is located in the Al Fahd district of Unaizah?s upcoming downtown area. The hotel is already under construction and will be part of a 2 million square meters master development spearheaded by Al Fahd Group. The site lies on the King Abdullah Road, which is to become the city?s and the province?s main artery. The hotel will be in close proximity to various commercial developments and to the city?s largest planned shopping mall. The University of Unaizah and the new government offices will also be located across from the site.

Guests of the Radisson Blu Hotel & Residence will be accommodated in 180 units ? including 90 hotel rooms, ten suites, 80 serviced apartments, and potentially up to ten villas. Facilities will comprise 1,800m? of meeting/banquet space including a ballroom, an all-day dining restaurant with international buffet, a pool caf?, a specialty restaurant, gym & spa.

Unaizah is located in Saudi Arabia?s Al Qassim region that has witnessed the largest compounded growth rate in visitation over the past four years in the Kingdom due to a growing corporate and predominantly leisure demand. Unaizah has been historically an important stopping point for Muslim pilgrims coming from GCC countries on their way to Makkah and Madinah, and today is home to many influential and wealthy families in the kingdom.

Source Press Release, http://www.investor.rezidor.com/phoenix.zhtml?c=205430&p=RssLanding&cat=news&id=1882940