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BRIEF-Rezidor concludes asset management agreements
October 20, 2014 / 4:12 PM / 3 years ago

BRIEF-Rezidor concludes asset management agreements

STOCKHOLM, Oct 20 (Reuters) - Rezidor Hotel Group AB

* Rezidor hotel group : q3 2014: the rezidor hotel group concludes further asset management agreements and accelerates growth in focus markets

* A restructured contract will result in a eur2.3m improvement in ebitda as from 2014

* A further contract was extended by seven years and equally restructured - leading to a eur0.9m rent reduction in 2014 and 2015 and EUR0.7M thereafter

* Further company coverage: (Reporting by Anna Ringstrom)

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