Carlson Rezidor Hotel Group
|Type||Strategic partnership between private company (Carlson) and public company (Rezdior)|
|Traded as||OMX: REZT|
|Founded||1938 (Carlson), 1960 (Rezidor)|
|Headquarters||Minnetonka, Minnesota, U.S., and Brussels, Belgium|
|Key people||Trudy Rautio (CEO Carlson), Wolfgang M. Neumann (CEO Carlson Rezidor)|
|References: Annual Report The Rezidor Hotel Group 2011, Interim Reports The Rezidor Hotel Group 2013 (Q1-3), Websites|
Carlson Rezidor Hotel Group is one of the world’s largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels in operation and under development, a global footprint spanning 100 countries and territories and a powerful set of global brands (Radisson Blu, Radisson®, Park Plaza®, Park Inn by Radisson, Country Inns & Suites By CarlsonSM and Hotel Missoni). The group plans to grow the portfolio to nearly 1,500 hotels in operation and under development by 2015. In most of the group’s hotels, guests can benefit from the loyalty program Club CarlsonSM, one of the most rewarding loyalty programs in the world. Carlson Rezidor Hotel Group and its brands employ more than 85,000 people.
Carlson Rezidor Hotel Group is headquartered in Minneapolis, USA; and Brussels, Belgium.
The group has more than 1,300 hotels in operation and under development in 100 countries and territories. It is the world's tenth largest hotel group.
Carlson: In 1938, armed with an idea and a MUS$55 loan, Curtis L. Carlson founded the Gold Bond Stamp Company in his hometown of Minneapolis, Minnesota. Over the next 75 years, Gold Bond grew into an international travel and hospitality magnate, operating thousands of hotels, hundreds of restaurants, and the world's leading business travel management company.
Rezidor: Originally the hotel section of SAS Airlines, Rezidor opened the first hotel 1960 in Denmark - the Royal Copenhagen, designed by Arne Jacobsen. The group developed from a regional player in Scandinavia to an international company. In 1980, Radisson SAS opened in Kuwait, the first to open outside of Scandinavia. In 1994, Rezidor signed the first Master Franchise Agreement with Carlson for operation and development of the Radisson brand in Europe, the Middle East and Africa. In 2002, the second Master Franchise Agreement followed for the Park Inn, Country Inn and Regent brands in Europe, the Middle East and Africa. When SAS sold the hotel business in 2006 and Rezidor went public (listed at Stockholm Stock Exchange), Carlson became the largest shareholder and is today the majority shareholder.
Carlson Rezidor: Carlson and Rezidor launched their strategic partnership in January 2012. Together, they target more than MUS$ 400 incremental revenue and a RevPAR index increase of more than 9 points by 2015. Focus areas of their global cooperation are Revenue Generation activities and alignment of their core brands Radisson Blu and Park Inn by Radisson.