BUSINESS WIRE -- The Rezidor Hotel Group (STO:REZT), one of the fastest growing hotel companies worldwide, expands the portfolio in Morocco and announces the Radisson Blu Hotel, Marrakech Carré Eden. The property will feature 204 rooms and welcome the first guests in 2011. “We are delighted to arrive in one of the world’s most beautiful cities”, says Kurt Ritter, President & CEO of Rezidor. “This property is our third hotel under development in Morocco and a perfect addition to our Radisson Resorts which will open in Tangier and Saïdia.” “This hotel will be a unique 5 star city resort in Marrakech, and, along with the Radisson Blu brand, we are committed to making it an exceptional destination for both business and leisure travellers”, says Mohamed Yacoubi, Director of Asset Management at Actif Invest, the first Moroccan management company of investment funds dedicated to tourism and real estate. Yacoubi adds: “This hotel and its shopping mall will be a distinguished attraction in the Gueliz district, and will be a major component of our portfolio of tourism assets.”
