Amid financial incertitude, Rezidor announces Radisson Blu Park Hotel, Athens

Debt concern in Greece isn't stopping The Rezidor Hotel Group from moving forward with the Radisson Blu Park Hotel, Athens, a conversion of the 152-room Athens Park Hotel. Renovations are planned for next year. "Despite the recent crisis and still challenging times in Greece, hotels in the capital city Athens perform well," said Kurt Ritter, CEO of Rezidor.

Suggested Articles

In addition to a new deal to expand in Denmark, the chain also is growing in France, Greece and Vietnam.

The newly added properties add a total of 337 guestrooms to the owner/operator's portfolio.

The textiles supplier has acquired the Warrenville, Ill.-based wholesale distributor to expand its business in the Upper Midwest.