Tuesday, 17 June 2008

Rezidor Announces a New Radisson Resort in Saïdia/Morocco

Rezidor Announces a New Radisson Resort in Saïdia/Morocco
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
The Rezidor Hotel Group (STO:REZT) announces the Radisson Resort & Spa Saïdia in Morocco – the property featuring 384 rooms and 97 villas is scheduled to open in Q3 2010. “With this signing we are adding a new and emerging country to our pipeline and are now present in 53 countries across EMEA”, comments Kurt Ritter, President & CEO of Rezidor. “In the Middle East and Africa we now have 47 hotels with almost 11,500 rooms in operation and under development – a clear sign for our commitment to this region.”
The Radisson Resort & Spa Saïdia is a common project between Rezidor and Property Logic, the developer behind Le Jardin de Fleur resorts in Morocco. "We are delighted to partner with such an important international brand as Radisson because of its outstanding quality and services that are renowned in the industry. Our companies share a common vision for luxury standards that will make the Saïdia resort a world class tourism destination,” said Mr. Joop Huisman, Managing Director of Property Logic.
Mediterrania-Saïdia is located on the northeast Mediterranean coast of Morocco and famous for its 6 kilometers of unspoiled coastline. Besides its luxury suites and villa residences the Radisson resort will offer 4 restaurants, 3 bars, a Moroccan-themed Spa and Thalasso centre comprising 1,500 square meters, 5 outdoor pools, 1 indoor pool, 2 fitness centers, a kids club, shops, tennis courts, an amphitheatre and a beach club. The resort’s 1,500 square meters of meeting and conference facilities will make it ideal for business and leisure travelers alike.
Facts & Figures
Hotel Radisson Resort & Spa Saïdia (to open)
Rooms 384 rooms and 97 villas
About the Rezidor Hotel Group:
The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a portfolio of over 330 hotels in operation and under development with more than 68,000 rooms in 53 countries.
Rezidor operates the brands Radisson SAS Hotels & Resorts, Regent Hotels & Resorts, Park Inn and Country Inns & Suites in Europe, Middle East and Africa, along with the goldpoints plusSM loyalty programme for frequent hotel guests. Rezidor has signed a worldwide license agreement with the Italian fashion house Missoni, in order to develop and operate a lifestyle hotel brand of the same name: Hotel Missoni.
In November 2006, Rezidor was listed on the Stockholm Stock Exchange. With 42%, Carlson Companies is the main shareholder.
The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium.
For more information on Rezidor, visit www.rezidor.com.
This information was brought to you by Cision http://newsroom.cision.com

Covering 10 percent of the world's demand

Morocco to build high-yield mobile phone camera factory

Copyright:
XINHUA NEWS AGENCY
Source:
Comtex Business
Wordcount:

169RABAT, Jun 16, 2008 (Xinhua via COMTEX News Network) -- The U.S. firm Tessera Technologies, one of the world's leading providers of miniaturization technologies for the electronics industry, has announced it will build a factory in Morocco that will provide 10 percent of the world's needs for mobile phone cameras. Tessera is now working to create a new company in Morocco, Nemotek Technology, which will be able to produce 100 million mobile phone cameras, which is 10 percent of the world's demand, local MAP news agency quoted the company's CEO Bruce McWilliams as saying. McWilliams appreciated Morocco's strategic location between Europe and North Africa, adding that the kingdom's important asset is its competitive cost of living, compared with other emerging economies. McWilliams, who was speaking at the commencement of the English- language Al Akhawayn University in central Morocco city of Ifrane, stressed the importance of training in boosting economy. He cited the examples of Japan, South Korea and Singapore which have built up their economies by launching job-creating projects.