Carlson Hotels buys stake in Rezidor SAS Hospitality

03/15/2005 | Star Tribune (Minneapolis-St. Paul, Minn.) · GlobeSt.com

Carlson Hotels Worldwide says it has acquired a 25% ownership stake in Rezidor SAS Hospitality, which operates almost 250 Carlson hotels in Europe, the Middle East and Africa, in exchange for future franchise fees on its European hotel operations. Rezidor plans to add another 500 hotels by 2012, putting the potential long-term value of the deal in the hundreds of millions of dollars.

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Star Tribune (Minneapolis-St. Paul, Minn.) · GlobeSt.com

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