New R280 Million Hotel Property Announced In ‘africa's Richest Square Mile'

The property will feature 270 rooms and is scheduled to open in 2010.

The Park Inn Sandton will feature the hotel brand's signature restaurant RBG (Red Bar & Grill), meeting facilities (including three meeting rooms as well as a two large conference rooms, an outdoor swimming pool (with a bar and terrace) and a fitness facility. "This signing brings our portfolio on the African continent to 28 hotels; seven of them in South Africa alone where we see a huge potential. Sandton is home to two Radisson Blu properties � the Radisson Blu Hotel Sandton, which opened earlier this year, and the Radisson Blu Hotel Sandton Central that will open early next year," comments Kurt Ritter, President & CEO of Rezidor.

Andrew McLachlan, Rezidor's Vice President Business Development Africa & Indian Ocean Islands, says: "Park Inn is the fastest growing brand in Rezidor's stable, which also includes the brands Radisson Blu Hotels & Resorts, Hotel Missoni, Regent Hotels & Resorts and Country Inn & Suites".

Park Inn Sandton is owned by Newcity Group, a South African company formed in 1983 that is breaking new ground in the innovation and style of commercial, warehouse, retail, industrial developments and more recently hotel development. "We are delighted to partner with such an important international hotel company like Rezidor and their exciting Park Inn brand because of its outstanding quality and services that is renowned in the industry. Our companies share a common vision that will make the Park Inn Sandton the hotel of choice in the mid-market category in Sandton," says Chaim Cohen, CEO of Newcity Group.

Andrew McLachlan adds: "Park Inn is an efficient and innovative mid-market, full service hotel brand. As Rezidor's fastest growing brand, Park Inn reached a portfolio of 100 hotels in less than 5 years. Already our second largest brand, Park Inn features a total of over 22,000 rooms across Europe, Middle East and Africa in operation and development. As a value-driven and flexible concept with the most striking new brand identity in the current hotel market, Park Inn promises to be the best in its class, the hotel of choice in the mid-market segment.

Park Inn hotels focus on "mastering the essentials" better than anyone else within the same market. Spotlessly clean, easy to use and safe, Park Inn hotels are youthful, colorful, energetic and fun, with a warm and casual Yes I Can! service approach. The brand is deeply committed to providing the key essential of any hotel experience: a good night's sleep - in fact, the best sleep in town".

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