Rezidor, one of the most dynamic hotel groups worldwide and a member of the Carlson Rezidor Hotel Group, is proud to announce the signing of the first Radisson RED in the Baltics, Russia & CIS region. The hotel will be in Vilnius city center, next door to the existing Radisson Blu Lietuva hotel and only a short walk from the historical Old Town. The around 200 room Radisson RED Vilnius is expected to open its doors by early 2020.
The hotel will be an integral part of a new multifunctional complex, currently in development in the heart of the Vilnius business district, designed by world famous architect Daniel Libeskind. The project is developed by Lords LB Asset Management, a leading provider of investment management services in the Baltics.
“The Baltics region has always been an important destination for our group, and its continued growth brings with it new opportunities. Our total portfolio in the region currently stands at 13 hotels with over 3,350 rooms. We are excited to introduce the Radisson RED brand to the Baltics, and are especially happy to add a further hotel to our Vilnius collection – a city where we see strong growth and where we believe the Radisson RED concept will generate something new and exciting for the city and its guests. We are looking forward to working with Lords LB Asset management. They have a solid reputation as one of the leading developers and property managers in the Baltics ", said David Jenkins, VP of Business Development for Carlson Rezidor Hotel Group.
