Radisson Blu Hotel Accra Airport, The Exchange scheduled to open in 2017
Carlson Rezidor, one of the largest and most dynamic hotel groups worldwide, further strengthens its position on the African hospitality market: The Company adds Ghana to its growing portfolio across the continent with the introduction of the Radisson Blu Hotel Accra Airport, The Exchange. The upper upscale property featuring 207 rooms is scheduled to open in 2017.
?We are committed to Africa. Our arrival in Ghana supports our strategic growth in West Africa ? a resource-rich and fast growing region with considerable potential for our core brand Radisson Blu?, said Wolfgang M. Neumann, President & CEO of Rezidor at the African Hotel Investment Forum in Addis Ababa, Ethiopia.
Carlson Rezidor holds the largest pipeline of hotels under development on the African continent (source: W Hospitality). The group grows Radisson Blu hotels in selected capital cities and financial hubs with significant demand for internationally branded quality hotel rooms.
The Radisson Blu Hotel Accra Airport is owned by the enterprises Actis and Mabani Holdings. ?We thank our partners for their trust in us. Business relationships based on confidence, transparency and unbiased responsibility is crucial for Rezidor. We always aim to follow a win-win approach with our partners to find creative, yet simple business solutions leading to our mutual success?, said Elie Younes, Senior Vice President & Head of Business Development at Rezidor.
The new hotel will be located within The Exchange, a landmark development in the heart of Accra, close to Kotoka International Airport and overlooking the upmarket Airport City Residential Area. This first of its kind, mixed-use development in Ghana will incorporate 10,000m2 of world class retail space, 16,000m2 of offices, 100 upscale residential apartments and the Radisson Blu hotel.
Besides 207 guest rooms, the property will offer a rooftop swimming pool, fitness center, and a number of food and beverage concepts. Extensive meeting, conference and banqueting facilities to cater to the needs of the domestic and regional market will complement the offer. The building was designed by the award winning architects HOK and the interiors were created by Source Interior Brand Architects.
The Exchange is a development joint venture between Actis and Mabani Holdings. Actis is a pan emerging market private equity firm with USD 6.5bn funds under management and vast experience investing in real estate across Africa. Mabani Holdings is a leading West African real estate development and investment company with over 30 years of experience operating in West Africa.? The development will be managed by Laurus Development Partners. The joint venture was advised by HTI Consulting, Jones Lang LaSalle hotel sand Gibson Dunn and Crutcher.
Amanda Jean-Baptiste, Director of Real Estate at Act is, commented: ?We are delighted to partner with Carlson Rezidor in delivering the first Radisson Blu to Ghana. This partnership reflects our collective views that – despite the current headwinds – Ghana has strong underlying fundamentals and remains an attractive investment destination to long-term investors such as ourselves.? The Radisson Blu hotel will provide quality modern space for business travellers and will help to further establish Ghana as the conference destination of choice in West Africa?.
Philip Salem, Director of Mabani Holdings, added: ?Our partnership with Actis and with Carlson Rezidor demonstrates the potential for local and international businesses to come together to deliver world class infrastructure and services that will underpin Ghana?s future growth. We are excited to deliver a unique environment unrivalled in its position, and quality of its design which sets a new benchmark for development in Accra?.
About Carlson Rezidor Hotel Group
Carlson Rezidor Hotel Group is one of the world?s largest and most dynamic hotel groups. The Carlson Rezidor portfolio includes more than 1,350 hotels in operation and under development with a footprint spanning over 105 countries and territories and a powerful set of global brands including Quorvus Collection, Radisson Blu?, Radisson?, Radisson Red, Park Plaza?, Park Inn? by Radisson and Country Inns & Suites By CarlsonSM. In most hotels, guests can benefit from Club CarlsonSM, one of the most rewarding loyalty programs in the world. Carlson Rezidor and its brands employ 88,000 people.
Carlson Rezidor Hotel Group is headquartered in Minneapolis, Minn., and Brussels, Belgium.