Thursday 19 January 2012

Carlson and Rezidor establish the Carlson Rezidor Hotel Group

Carlson, a global hospitality and travel company, and The Rezidor Hotel Group, one of the fastest growing hotel companies in the world, announced that they have established the Carlson Rezidor Hotel Group. While the legal status and ownership structure of Carlson and Rezidor remain the same, the Carlson Rezidor Hotel Group will pursue the global alignment and management of its brands, the ambitious development of its revenue generation engines, global purchasing opportunities, and people development on a global basis. Commercial activities will be conducted under the Carlson Rezidor Hotel Group name, irrespective of geographies.

“Carlson and Rezidor have a long, common history and have grown together over the past 17 years,” said Hubert Joly, president and chief executive officer, Carlson. “Going to market as one is a next and natural step. We are leveraging the strengths of two great companies to create value for all our stakeholders.” “The goal of this development is to generate more attractive financial returns for the owners and greater value for all shareholders, to be perceived by business partners around the world as one global hotel company, to offer more compelling and consistent value propositions to the guests, and to offer global career and development opportunities to the staff,” said Kurt Ritter, president and chief executive officer, Rezidor.


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