Rezidor SAS Announces Ambitious Expansion Plans for its Country Inn brand in Russia ...Middle East

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Rezidor SAS Hospitality announces it will enter the mid-market segment in Russia, and expand its presence to about 50 hotels over a period of 8-10 years. In a joint venture with Delta Capital Management (manager of The U.S. Russia Investment Fund), Sweden’s Swedfund and Denmark’s IØ (The Investment Fund for Central and Eastern Europe), Rezidor SAS will initially target main cities like Moscow and St. Petersburg and other key regional capitals. The objective is to add about 8 hotels in the next three years.

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