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Hotel Industry News |
Saturday November 22nd, 2008 |
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The Rezidor Hotel Group's President & CEO Continues Term Through 2012 |
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The Rezidor Hotel Group, the Brussels-based hotel management company, announces that Kurt Ritter, president & CEO of The Rezidor Hotel Group, will continue to head the hotel company through February 2012. |
Under Kurt Ritter's leadership, Rezidor has developed into a major global player in the hotel industry, featuring five distinctive brands and almost 350 hotels with more then 74,000 rooms in operation and under development in 53 countries across Europe, the Middle East and Africa.
"The decision to continue Kurt Ritter's term with Rezidor will further fortify and ensure the strong leadership under which Rezidor has delivered an unparalleled growth," states Urban Jansson, Chairman of the Board of Directors of The Rezidor Hotel Group. "Kurt Ritter has been at the forefront of Rezidor for the last 32 years, including 19 years as the president & CEO. We are proud of his achievements and happy to continue depending on his experience, knowledge and long-term view on the business for three more years."
Rezidor's ambitious and strategic business development focuses on dynamic, high potential markets like Russia & CIS (where Rezidor is the largest hotel operator), Africa and the Middle East. At the same time, Rezidor is continuing to further build on its asset-light strategy by concentrating on management and franchise contracts. Kurt Ritter's objective is to further develop the group's portfolio with a highly skilled and entrepreneurial multi-national team committed to the group's "Yes I Can!" vision of service.
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