Radisson SAS
Rezidor Hotel Group was operated by what from 1994 to 2002?
Rezidor Hotel Group Rezidor Hotel Group AB , originally SAS International Hotels and then Rezidor SAS Hospitality , is an American-Swedish-listed hotel group company . Originally founded by Scandinavian conglomerate SAS Group as a hotel in 1960 , it became a listed company in 2006 . The global headquarters of Rezidor relocated to Brussels , Belgium , circa 1989 . The listed company managed hotel chains under brands such as Radisson SAS ( now Radisson Blu ) , Park Inn , and Country Inns & Suites . The brands were franchised from American hospitality and travel conglomerate Carlson Companies from 1994 ( the Radisson brand ) and 2002 ( the other brands ) respectively . In 2005 , Carlson Companies acquired 25% of the shares of Rezidor Hotel Group from SAS Group . In 2007 , SAS Group ceased to be a shareholder of the company . In 2010 , Carlson Companies acquired control ( more than 50.1% shares ) of the listed company . In 2012 , Rezidor Hotel Group started to integrate with the direct parent company ( Carlson Hotels , Inc. ) , with both companies collectively known as Carlson Rezidor Hotel Group . Carlson Rezidor was one of the top hotel corporations in 2013 . Carlson Hotels , Inc . and its subsidiaries , including Rezidor Hotel Group , were sold to Chinese conglomerate HNA Group in 2016 . Rezidor Hotel Group AB was then renamed to Radisson Hospitality AB . The direct parent company ( Carlson Hotels , Inc. ) became Radisson Hospitality , Inc. , and the whole hotel group received a new trading name – Radisson Hotel Group . In 2018 , Radisson Hotel Group was re-sold to a consortium led by Jin Jiang International of China . History . Predecessors . SAS Group , the flag carrier of Scandinavian countries , opened their first hotel in Copenhagen , Denmark in 1960 . The hotel , the SAS Royal Hotel , was the worlds first designer hotel , which was designed by Arne Jacobsen . The hotel was initially under the catering division of the group . The hospitality and catering division then became SAS Catering and Hotels . In 1982 , the hotels were spin-off as a separate division . It became a subsidiary known as SAS International Hotels in 1985 . Future President and chief executive officer ( CEO ) of SAS International Hotels , , joined the company as a junior manager in 1976 . He was promoted as the president and CEO in 1989 . According to the Financial Times , he lays claim to several innovations [ in the hospitality business ] . He also struck a franchise deal for the company with Carlson Hotels in 1995 , which made SAS International Hotels had a decade of compound annual growth north of 20 per cent . Rezidor SAS Hospitality . Rezidor SAS Hospitality , was a company headquartered in Brussels , Belgium . As of January 2005 , it was a wholly owned subsidiary of SAS Group . The subsidiary was known as SAS International Hotels until 2001 . The headquarters of the subsidiary was relocated to Brussels soon after Ritter became President & CEO of the subsidiary in 1989 . In April 2005 , Rezidor SAS signed a partnership agreement with Carlson Hotels Worldwide , a subsidiary of Carlson Companies . The agreement included Carlson acquired 25% shares of Rezidor SAS , as well as Rezidor SAS acquired the rights to use the Carlson-owned brands , such as Radisson SAS , Park Inn , Regent and Country Inns & Suites , in the Europe , the Middle East and Africa ( EMEA ) markets . Rezidor SAS , at that time known as SAS International Hotels , signed a similar agreement in 1994 ( 1995 according to the Financial Times and Rezidor themselves ) with Radisson Hotels International , another subsidiary of Carlson Companies . That agreement give birth of the hotel chain Radisson SAS . Radisson SAS was known as Radisson Blu since 2009 . The franchise agreement was renewed in 2002 , which added three more brands : Park Inn , Regent and Country Inn in the new agreement . In February 2005 , Rezidor signed an agreement to convert seven former Holiday Inn hotels in Germany to Park Inn : Park Inn Bochum , Park Inn Dortmund-City Centre , Park Inn Düsseldorf/Kaarst , Park Inn Hanover , Park Inn Kamen/Unna , Park Inn Köln-Belfortstraße ( Park Inn Cologne-Belfortstrasse ) and Park Inn Cologne City-West . However , six of the aforementioned hotels , except Cologne City-West , were converted to Mercure brand of AccorHotels in 2014 . In 2005 , Rezidor SAS opened four more Radisson hotels in the Republic of Ireland . Two Park Inn hotels were also opened in Dundalk and Mulranny respectively in the same year . However , Park Inn Dundalk was closed down in 2010 . The former Park Inn Dundalk was under Ramada brand of Wyndham Hotels and managed by another company Lester Hotels since 2016 . In February 2006 , Rezidor opened a Park Inn hotel in Baku , the first Park Inn hotel in the Commonwealth of Independent States . Rezidor Hotel Group . In 2006 , SAS Group floated Rezidor SAS Hospitality as Rezidor Hotel Group AB ( publ ) on the Stockholm Stock Exchange . The listed company is incorporated in Sweden . After the listing , as of 2007 , SAS Group ceased to be a shareholder of Rezidor Hotel Group , while Carlson Hotels Worldwide owned about 42% shares . In the 2010s , Rezidor Hotel Group became part of a larger hotel group , which trading as Carlson Rezidor Hotel Group . Carlson Hotels increased its ownership ratio of the Rezidor Hotel Group to 50.1% in 2010 and then integrating the two hotel groups . In January 2012 , it was announced that Carlson hotel group and Rezidor hotel group would runs hotels under one name Carlson Rezidor Hotel Group . In 2010 , Carlson and Rezidor had already sold the brand Regent to . The enlarged group , Carlson Rezidor Hotel Group , was one of the top hotel corporations in 2013 . Carlson–Rezidor group was acquired by Chinese conglomerate HNA Group , via their division , HNA Tourism Group , in 2016 from Carlson Companies . The takeover also triggered a mandatory bid for the remaining shares of the listed company . However , HNA Group re-sold Carlson–Rezidor group to a consortium led by Jin Jiang International Holdings , another Chinese conglomerate . In May 2018 , Rezidor Hotel Group , the listed company , was renamed to Radisson Hospitality AB ( publ ) ; The Belgian subsidiary , was renamed to Radisson Hospitality Belgium SPRL/BVBA ; The parent company , Carlson Hotels , Inc. , was renamed to Radisson Hospitality , Inc . in the fourth quarter of 2017 . The trading name of the whole hotel group , including both Radisson Hospitality AB and Radisson Hospitality , Inc. , was renamed to Radisson Hotel Group .