Rezidor, operating the Radisson Blu and Park Inn by Radisson branded properties in Europe, the Middle East and Africa is announcing its first hotel in Serbia. The property, which features 236 rooms, is already under construction and will welcome the first guests in Q4 2013.

The Radisson Blu Hotel, Belgrade will be situated in a prime location next to the convention centre and above one of the city’s most important thoroughfares. It is set to become a local landmark, as the overall development of the site will incorporate an existing historical old mill. The hotel will offer access to the traditional “Old Belgrade” neighbourhood as well as to the “New Belgrade” business district. In addition to the 236 rooms with Radisson Blu signature services, such as free high speed Internet access, the property will have a restaurant and bar, 600 square meters of meeting space, a wellness area, and parking facilities.

Austrian real estate developer Soravia Group, in cooperation with Erste Bank Group and European Bank for Reconstruction and Development (EBRD), is undertaking the development of the hotel and of an additional office tower of 3,900 square meters set adjacent to the hotel.

“Our development addresses the current undersupply of quality hotel accommodation providing state-of-the-art finishing and service standards. It is among the first major investments of this type in Serbia and we are convinced that market prospects as well as our engagement with Rezidor will ensure a successful and long-lasting venture in Belgrade,” said Soravia Group-CEO Hanno Soravia.

Kurt Ritter, President and CEO of Rezidor, said: “We are delighted to come to Serbia. The country is an emerging nation, and Belgrade a vibrant, dynamic city with 1.7 million inhabitants where we see a considerable potential.”