Rezidor Hotel Group has announced that its 190-room Park Inn in the Russian city of Tula will open in the first quarter of 2011. The addition of the Park Inn Tula will bring Rezidor's holdings in Russia and the CIS countries to 38 hotels and more than 9,500 rooms in operation or under development.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
