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2016-02-16

Rezidor Hotel Group: YEAR-END REPORT January-December 2015

Fourth Quarter 2015

* Like-for-like ("L/L") RevPAR for leased and managed hotels was up by 5.6%.
The growth is due to an increase in average room rate as well as higher
occupancy.
* Revenue increased by 7.3% to MEUR 255.4 (238.0). The increase is mainly due
to the strong RevPAR development and one-off fee items of MEUR 4.7. On a
L/L basis Revenue increased by 7.3%.
* EBITDA amounted to MEUR 32.5 (14.8) and the EBITDA margin increased to
12.7% (6.2). The improvement is mainly due to the strong revenue
development, lower net costs for the hotel closed for renovation in Lyon
and the revaluation of an investment in Beijing classified as held for
sale.
* EBIT amounted to MEUR 22.3 (0.5) and the EBIT margin increased to 8.7%
(0.2). EBIT is further impacted by lower costs for write-downs compared to
last year.
* Profit after tax amounted to MEUR 14.3 (-0.9).
* Basic and diluted earnings per share were EUR 0.08 (-0.01).
* 865 (2,011) new rooms were contracted, 1,375 (941) new rooms opened and 981
(401) rooms left the system.

Twelve months ended December 2015

* L/L RevPAR was up by 5.1%.
* Revenue increased by 6.4% to MEUR 997.0 (937.3). On a L/L basis Revenue
increased by 5.3%.
* EBITDA amounted to MEUR 101.1 (71.3) and the EBITDA margin increased to
10.1% (7.6).
* EBIT amounted to MEUR 57.3 (30.7) and the EBIT margin increased to 5.7%
(3.3).
* Profit after tax amounted to MEUR 34.2 (14.2).
* Basic and diluted earnings per share were EUR 0.20 (0.09)
* Cash flow from operating activities amounted to MEUR 85.8 (41.2).
* 7,936 (6,557) new rooms were contracted, 4,152 (3,536) new rooms opened and
2,133 (2,204) rooms left the system.
* The Board of Directors proposes a dividend of EUR 0.07 (0.03) per share.

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| MEUR Q4 2015 Q4 2014 FY 2015 FY 2014 |
| Revenue 255.4 238.0 997.0 937.3 |
| EBITDA 32.5 14.8 101.1 71.3 |
| EBIT 22.3 0.5 57.3 30.7 |
| Profit for the period 14.3 -0.9 34.2 14.2 |
| EBITDA margin, % 12.7% 6.2% 10.1% 7.6% |
| EBIT margin, % 8.7% 0.2% 5.7% 3.3% |
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Comments from the CEO

Significant progress made in 2015 towards improved profitability

RevPAR growth and margin improvements continued during the fourth quarter,
contributing to improved full year results. This performance definitively
demonstrated the turnaround progress towards the targeted Route 2015 EBITDA
margin enhancement. 2015 was Rezidor's best year post the 2007 cycle peak -
EBITDA was over MEUR 100 for the first time, and EBITDA margin was 10.1%.

Strategic revenue initiatives delivered the fourth year of consecutive market
share (RGI) increase, and our fee-based growth saw strong momentum in 2015:
with 7,900 room signings and 4,200 room openings. These results were not only
above last year, Rezidor reached the milestone of 100,000 rooms in operation
or under development. Asset management further contributed to increased
profitability through restructurings of some lease agreements in Central
Europe and the extension of several key leases in Scandinavia.

In our Nordic and Western European home markets we continued our investment
focus in the leased estate. Capex spending in 2015 reached 7.2% of hotel
revenues and we will continue to upgrade our hotels through accelerated Capex
deployment in 2016.

Despite the ongoing fragility of some key markets and the continuing
volatility of the external environment, Rezidor's business showed clear
traction in 2015. We will pursue our long-term strategy with focus on prudent
Emerging Market growth, ongoing investment in core markets and the further
optimisation of financial margins.

Wolfgang M. Neumann, President&CEO

Presentation of the Q4 Results

On February 16, 2016 at 10:00 (Central European Time) a combined telephone
conference and live webcast (in English) concerning the report will be
presented by the President&CEO, Wolfgang M. Neumann and Deputy President&CFO,
Knut Kleiven. To follow the webcast, please visitwww.investor.rezidor.com.

To access the telephone conference, please dial:

------------------------------------
| Belgium, Local +32 2 404 0662 |
| Belgium, Free 0800 58032 |
| Sweden, Local: +46 8 5065 3937 |
| Sweden, Free: 0200 883 440 |
| UK, Local: +44 20 3427 1915 |
| UK, Free: 0800 279 4992 |
| USA, Local: +1 212 444 0895 |
| USA, Free: 1877 280 2342 |
| France, Local: +33 1 76 77 22 29 |
| France, Free: 0805 631 579 |
| Norway, Local: +47 2 316 27 71 |
| Norway, Free: 800 56053 |
------------------------------------
Confirmation code: 3919345. For a replay of the conference call please
visitwww.investor.rezidor.com.

Financial Calendar

Annual Report 2015: March 18, 2016
Q1 2016 results: April 21, 2016
AGM 2016: April 21, 2016
Q2 2016 results: July 27, 2016
Q3 2016 results: October 25, 2016

For Further Information, Contact

Knut Kleiven
Deputy President&CFO
Tel: +32 2 702 9244
Fax: +32 2 702 9330
knut.kleiven@carlsonrezidor.com

Andrea Brandenberger
Senior Director
Business Development Strategy&Investor Relations
Tel: +32 2 702 9237
andrea.brandenberger@carlsonrezidor.com

The Rezidor Hotel Group Corporate Office
Avenue du Bourget 44
B-1130 Brussels
Belgium
Tel: +32 2 702 9200
Fax: +32 2 702 9300

Website:www.rezidor.com

About the Rezidor Hotel Group

The Rezidor Hotel Group is focused on hotel management and operates the core
brands Radisson Blu and Park Inn by Radisson. In February 2014, Rezidor
announced together with Carlson the launch of two additional brands; Radisson
Red, an upscale "lifestyle select" brand inspired by the millennial
lifestyle, and Quorvus Collection, a new generation of distinctive five star
hotels.

The portfolio consists of 457 hotels with over 100,000 rooms in operation and
under development in 80 countries across Europe, the Middle East and Africa.

Rezidor's strategy is to grow with management and franchise contracts and only
selectively with leases. The strategy is also to further expand in the
emerging markets.

Rezidor is a member of the Carlson Rezidor Hotel Group. For more information,
visitwww.rezidor.com.

This quarterly report comprises information which Rezidor Hotel Group AB
(publ) is required to disclose under the Securities Markets Act and/or the
Financial Instruments Trading Act. It was released for publication at 07:30
Central European Time on February 16, 2016.

Stockholm February 16, 2016

Wolfgang M. Neumann
President&CEO
Rezidor Hotel Group AB

The full report with tables can be downloaded from the following link:

Rezidors Year-end Report January-December 2015
http://hugin.info/142138/R/1986292/728709.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rezidor Hotel Group via Globenewswire

HUG#1986292

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