For one of the hotel chains the listed company owned, see Radisson SAS. For full coverage of the successor, Radisson Hospitality AB, see Radisson Hotel Group.
Rezidor Hotel Group AB
Formerly
SAS International Hotels
Rezidor SAS Hospitality
Company type
listed Subsidiary
Traded as
Nasdaq Stockholm: REZT
ISIN
SE0001857533
Industry
Hospitality
Founded
1960 in Copenhagen
(first hotel of SAS Group)
1985 in Sweden
(as subsidiary)
2006 in Sweden
(as listed company)
Founder
SAS Group
Defunct
2018
Fate
Renamed as Radisson Hospitality AB (part of Radisson Hotel Group)
Successor
Radisson Hospitality AB
Headquarters
Stockholm, Sweden
(registered office)
Brussels, Belgium
(de facto)
Number of locations
369 hotels (2017)
Area served
78 countries of the world
Key people
辛笛; 'Xin Di'
(Chairman)
Federico J. González Tejera
(President and CEO)
Services
Lodging
Revenue
€967 million (2017)
Operating income
€015 million (2017)
Net income
€004 million (2017)
Total assets
€513 million (2017)
Total equity
€254 million (2017)
Owner
Carlson Hotels, Inc. (69.7%)
Number of employees
5,033 (2017)
Parent
Carlson Hotels, Inc.
(trading as Carlson Rezidor Hotel Group)
Rating
B1 (Moody's, June 2018)[1]
Website
rezidor.com
Footnotes / references source: annual report (consolidated financial statements and other pages)[2]
Rezidor Hotel Group AB, originally SAS International Hotels A/S and then Rezidor SAS Hospitality A/S,[3]Rezidor SAS Hospitality Group AB (publ),[4] was a listed hotel group company. Originally founded by Scandinavian conglomerate SAS Group as a hotel in 1960, it became a listed company in 2006. The global headquarters of Rezidor relocated to Brussels, Belgium, circa 1989. The listed company managed hotel chains under brands such as Radisson SAS (now Radisson Blu), Park Inn, and Country Inns & Suites. The brands were franchised from American hospitality and travel conglomerate Carlson Companies from 1994 (the Radisson brand) and 2002 (the other brands) respectively. In 2005, Carlson Companies acquired 25% of the shares of Rezidor Hotel Group from SAS Group. In 2007, SAS Group ceased to be a shareholder of the company.
In 2010, Carlson Companies acquired control (more than 50.1% shares) of the listed company. In 2012, Rezidor Hotel Group started to integrate with the direct parent company (Carlson Hotels, Inc.), with both companies collectively known as Carlson Rezidor Hotel Group. Carlson Rezidor was one of the top hotel corporations in 2013.[5] Carlson Hotels, Inc. and its subsidiaries, including Rezidor Hotel Group, were sold to Chinese conglomerate HNA Group in 2016. Rezidor Hotel Group AB was then renamed to Radisson Hospitality AB. The direct parent company (Carlson Hotels, Inc.) became Radisson Hospitality, Inc., and the whole hotel group received a new trading name – Radisson Hotel Group. In 2018, Radisson Hotel Group was re-sold to a consortium led by Jin Jiang International of China.
RezidorHotelGroup AB, originally SAS International Hotels A/S and then Rezidor SAS Hospitality A/S, Rezidor SAS Hospitality Group AB (publ), was a listed...
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share of the SAS Group, after which the shares of the three companies were merged. The SAS Group previously owned the RezidorHotelGroup (owner of the Radisson...
"upper upscale" hotel brand. Hotels portal 2015 Bamako hotel attack AquaDom Cohen, M. L. (2010). Pederson, Jay P. (ed.). "RezidorHotelGroup AB". International...
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the Carlson RezidorHotelGroup. The company partnered with Oberoi Hotels & Resorts to develop and operate an Oberoi hotel in Dubai. The hotel opened in...
the Icon Hotel and Eurotel hotel chains. Currently, the hotelgroup has 34 hotels over Metro Manila and 14 in 11 other provinces. The hotel generally...
Global Information
369 hotels (2017)
€4 million (2017)