The Rezidor Hotel Group announces two new Park Inn hotels: The Park Inn Luxembourg City featuring 99 rooms is scheduled to open in Q4 2010, and the Park Inn Abeokuta in Nigeria with 173 rooms will welcome the first guests in Q4 2010.
"These signings further underline and strengthen the ambitious growth of our dynamic mid market brand Park Inn", comments Kurt Ritter, President & CEO of Rezidor. "Launched in early 2003 only Park Inn today comprises more than 130 hotels with more than 24,500 rooms in operation and under development across Europe, Middle East and Africa", continues Ritter. Luxembourg also marks a new milestone for Rezidor - being the 60th country where the company is present.
The Park Inn Luxembourg City enjoys a prime location in the city centre of Luxembourg (which is linked to 30 cities via high speed train and is the gateway for the majority of visitors to Luxembourg). Located in one of the city's most important retail streets, the hotel will have great visibility and easy access to the centre. Besides 99 colorful guest rooms, the new build property will offer a restaurant and bar, a meeting room, a fitness room and a parking. The hotel is part of a mixed-use building including retail units on the ground floor.
The Grand Duchy of Luxembourg is located in the heart of Europe. Its importance as a centre for banking and commerce compensates for its small size. In addition, Luxembourg successfully attracts internet companies, including the global headquarters of Skype and the regional headquarters of Ebay. Its population is amongst the wealthiest in the world and, thanks to sustained economic growth, has seen a rise in highly-skilled expatriate workers. Luxembourg also is a seat of several institutions of the European Union, including the European Court of Justice, the European Court of Auditors, and the European Investment Bank.
The Park Inn Abeokuta follows recent signings Rezidor has made in the emerging market of Nigeria - the group already develops hotels in the capital city Abuja and in Lagos. Abeokuta (meaning "under the rocks") is a major commercial centre in Ogun State 75 kilometres north of Lagos. Thanks to some of the most fertile farmland in West Africa, the city has historically been a major agricultural producer, and has subsequently embraced tourism and commercial development. The city's existing "Gateway Hotel" will be completely renovated into a modern Park Inn property with 173 guest rooms, a signature RBG Bar & Grill, meeting space including a ballroom and auditorium, a swimming pool, a gym and retail shops.
In terms of population, Nigeria is the largest country in Africa. Thanks to its massive oil reserves, it is also among the wealthiest and most economically important countries on the continent. With an ambitious reform agenda and strong macroeconomic policies, the oil wealth is being better utilised to promote the growth of the country and diversify the economy. This continued development has resulted in a surge in demand from international business travellers and Nigeria's emerging middle class.
