Baltic States – CIS, Latvia, LIVE RIGA, Real Estate, Tourism

As a result, "Reval" hotels will change their brands to either "Radisson Blu" or "Park Inn", while Linstow will remain as the owner, said Mortensen, adding that "Reval" owner Linstow has concluded this long-term management agreement due to its wish to focus on its main operations as a real estate developer and investor.

Rezidor Hotel Group is a hotel management company which runs around 300 hotels worldwide, with a total of 61,000 rooms in 47 countries. The head office of Rezidor Hotel Group is located in Brussels.

"Reval Hotels" is a hotel network in the Baltic States consisting of ten full-service, high-class hotels, eight of which are located in the Baltic States' capitals: three in the Estonian capital Tallinn, three in the Latvian capital Riga, and two in the Lithuanian capital Vilnius, with another located in the Lithuanian city of Kaunas. "Reval Hotel Sonya" is the first hotel to be opened by the company in the Russian city of St. Petersburg.

"Reval Hotels" belongs to the Norwegian real estate company Linstow, which is owned by Awilhelmsen, the co-owner of Royal Caribbean Cruise Lines.