New Hotel Planned for Disneyland Resort Paris

PARIS-Euro Disney SCA, Rezidor SAS Hospitality and Orion (Orion European Real Estate Fund CV) have all signed an agreement that will lead to a new Radisson SAS Hotel at Disneyland Resort Paris.

The four-star, 250-room hotel will be developed by a subsidiary of Orion and managed by Radisson SAS Hotels & Resorts. Construction is expected to begin in January 2004 and completion is scheduled for summer 2005. The “Disneyland Resort Paris Associated Hotel” will be Orion’s first hotel development in France.

The hotel will be located on the 27-hole Golf Disneyland, adjacent to the Disney Theme Parks and convention centers. It will offer three- or four-person rooms and suites to accommodate families as well as ballroom and conference suites adjacent to a business center for meetings and events. Amenities will include two restaurants, a lounge, a fitness room, sauna, juice-bar, swimming pool and beauty parlor.