Trisha Shetty (Editor)

Carlson Rezidor Hotel Group

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Traded as
  
Nasdaq Stockholm: REZT

Founder
  
Curtois L. Carlson

Revenue
  
7.3 billion USD (2015)

Industry
  
Hospitality

Headquarters
  
City of Brussels, Belgium

Carlson Rezidor Hotel Group mediacorporateirnetmediafilesIROL20205430

Type
  
Strategic partnership between private company (Carlson) and public company (Rezdior)

Founded
  
1938 (Carlson) 1960 (Rezidor)

Key people
  
David P. Berg (CEO Carlson), Wolfgang M. Neumann (CEO Carlson Rezidor)

CEO
  
Wolfgang M. Neumann (1 Jan 2013–)

Stock price
  
REZT (STO) SEK 34.30 +0.10 (+0.29%)3 Mar, 2:35 PM GMT+1 - Disclaimer

Subsidiaries
  
Radisson Hotels, Radisson Blu, Radisson Red

Carlson Rezidor Hotel Group is one of the world's largest hotel groups, with headquarters in Minneapolis and Brussels, Belgium. The Carlson Rezidor Hotel Group includes more than 1,370 hotels in operation and under development in over 110 countries, employing over 88,000 staff. The hotel brands include Quorvus Collection, Radisson Hotels, Radisson Blu, Radisson Red, Country Inns & Suites, Park Inns, and Park Plaza Hotels & Resorts. The group loyalty program is called Club Carlson.

Contents

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Operations

The group has more than 1,370 hotels in operation and under development in 110 countries and territories. It is the world's tenth largest hotel group.

History

In 1938, Curtis L. Carlson founded the Gold Bond Stamp Company in his hometown of Minneapolis, Minnesota. Over the next 75 years, Gold Bond grew into an international travel and hospitality corporation, operating thousands of hotels, hundreds of restaurants, and the world's leading business travel management company.

Rezidor was originally the hotel section of SAS Airlines. Rezidor opened its first hotel 1960 in Denmark, the Royal Copenhagen, designed by Arne Jacobsen. The group developed from a regional player in Scandinavia to an international company. In 1980, Radisson SAS opened in Kuwait, the first to open outside of Scandinavia. In 1994, Rezidor signed the first master franchise agreement with Carlson for operation and development of the Radisson brand in Europe, the Middle East and Africa. In 2002, the second master franchise agreement followed for the Park Inn, Country Inn and Regent brands in Europe, the Middle East and Africa. When SAS sold the hotel business in 2006 and Rezidor went public (listed at Stockholm Stock Exchange), Carlson became the largest shareholder and is today the majority shareholder.

Carlson and Rezidor launched their strategic partnership in January 2012 with an initial focus to grow their core brands Radisson Blu and Park Inn.

Brands

  • Country Inns & Suites
  • Park Inn
  • Park Plaza Hotels & Resorts
  • Quorvus Collection
  • Radisson Hotels
  • Radisson Blu
  • Radisson Red
  • References

    Carlson Rezidor Hotel Group Wikipedia