EU – Baltic States, Good for Business, Latvia, Real Estate, Tourism

LETA reported in March already that the Carlson Rezidor Hotel Group plans on opening another hotel under one of its brands which is not represented in Riga yet within the next three years - either Quorvus Collection, Radisson RED or Prizeotel.

The new hotel with 220 rooms will be the first Radisson RED hotel in Latvia. Radisson RED is a new lifestyle brand of Carlson Rezidor Hotel Group for the so-called millenials generation travelers. The Radisson RED hotel in Riga will be opened in cooperation with Asto Group real estate company.

Elie Younes, Rezidor Hotel Group Executive Vice President and Chief Development Officer, said that the hotel in Riga will increase the group’s presence in the market and its dominating position in the Baltic states.

The Rezidor Hotel Group portfolio has 480 hotels in more than 80 countries of the world with Radisson Blu and Park Inn by Radisson brands in Europe, the Middle East and Africa.

The Rezidor Hotel Group is a part of Carlson Rezidor Hotel Group which runs Radisson RED, Quorvus Collection, Radisson Blu, Radisson, Park Plaza, Park Inn by Radisson and Country Inns & Suites brands. It operates about 1,400 hotels in 115 countries.