Rezidor reports the expansion of its portfolio in Europe, the Middle East and Africa during the first quarter through five completed hotel projects and five deal signings. The additions bring its footprint in the region up to 338 hotels with more than 74,000 rooms. "The signing of new projects in Nigeria, Turkey, Ukraine and Russia underlines our commitment to strategic, asset-light and profitable growth in the emerging markets of Russia and Africa," said Rezidor President and CEO Wolfgang Neumann.

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