Rezidor Hotel Group

INTERIM REPORT January-September 2014 - Seite 2

The important activity around asset management continues to be a key driver of our Route 2015 turnaround plan. We have restructured two agreements in October that will improve the profitability of the leased portfolio by ca MEUR 3.2 per year as from January 2014. The cost reduction will be reflected in the Q4 results. Together with the two leases that were restructured earlier in the year, we have now secured an EBITDA improvement of ca MEUR 4.6 for the full year 2014.

The proceeds from the rights offering earlier this year are largely being deployed in the key Nordic markets for refurbishments. These markets remain core to the company with further growth potential."

Wolfgang M. Neumann, President & CEO

Presentation of the Q3 Results

On October 24, 2014 at 10:00 (Central European Time) a combined telephone conference and live webcast (in English) concerning the report will be presented by the President & CEO, Wolfgang M. Neumann and Deputy President & CFO, Knut Kleiven. To follow the webcast, please visit www.investor.rezidor.com.

To access the telephone conference, please dial:
Sweden, Local:  Sweden, Free: UK, Local: UK, Free: USA, Local: USA, Free: France, Local: France, Free:	[phone] 0200 883 440  [phone] 0800 279 4992 [phone] 1877 280 2342 [phone] 0805 631 579

Confirmation code: 1190368. For a replay of the conference call please visit www.investor.rezidor.com.

Financial Calendar

Q4 2014 results: February 17, 2015
Q1 2015 results: April 24, 2015
AGM 2015: April 24, 2015

This quarterly report comprises information which Rezidor Hotel Group AB (publ) is required to disclose under the Securities Markets Act and/or the Financial Instruments Trading Act. It was released for publication at 07:30 Central European Time on October 24, 2014.

Stockholm October 24, 2014

Wolfgang M. Neumann
President & CEO
Rezidor Hotel Group AB

For Further Information, Contact

Knut Kleiven
Deputy President & CFO
Tel: [phone]
Fax: [phone]
[e-mail]

Andrea Brandenberger
Senior Director
Business Development Strategy & Investor Relations
Tel: [phone]
[e-mail]

The Rezidor Hotel Group Corporate Office
Avenue du Bourget 44
B-1130 Brussels
Belgium
Tel: [phone]
Fax: [phone]

Website: www.rezidor.com

About the Rezidor Hotel Group

The Rezidor Hotel Group currently features a portfolio of 428 hotels with over 95,000 rooms in operation and under development in 71 countries across Europe, the Middle East and Africa. Rezidor operates the core brands Radisson Blu and Park Inn by Radisson.

Rezidor is a member of the Carlson Rezidor Hotel Group.

For more information, visit www.rezidor.com

The full report with tables can be downloaded from the following link:

Rezidors Interim Report January-September 2014

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rezidor Hotel Group via Globenewswire

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