Radisson Hotel Group Signs a Radisson Blu Overlooking the Mountains Near Salt Lake City, Utah

Radisson Hotel Group today announced the signing of Radisson Blu Sandy - Salt Lake City. The hotel, which will be managed by Radisson Hotel Group, will be part of a multi-phased, mixed-use development project with Raddon Development, called The Summit at the Cairns, designed by Beecher Walker Architects. The first phase of the project, comprised of a 13-story building, will feature conference facilities, a variety of guest rooms, a rooftop restaurant and bar, pool deck, full-service spa, fitness center, top level condominiums and parking structure.

"I am proud to be announcing the signing of this phenomenal hotel that will give guests a one-of-a-kind experience in the beautiful state of Utah," said Phil Hugh, chief development officer, Americas, Radisson Hotel Group. "It has been incredible working alongside Raddon Development as they bring this exceptional development project to life, while creating a true destination for our guests with a variety of culinary options, shopping and activities for outdoor enthusiasts in this urban gem. The signing of this hotel displays our rapid growth of Radisson Blu in the recent months as we will be nearly doubling the brand's portfolio in the Americas with four key hotel openings in Q4 of this year."

Radisson Blu Sandy – Salt Lake City will offer 235 spacious and elegant guest rooms and suites. The hotel's rooftop will feature FireLake Grill House & Cocktail Bar, a signature concept of Radisson Blu properties in the U.S., centered around live fire cooking and farm-to-table dining. Hosting a corporate function or special event will be an option within the hotel's approximately 22,000 square feet of meeting space. The Amenity Deck is guaranteed to amaze guests with its state-of-the-art fitness center and both an indoor and outdoor pool and spa overlooking the stunning Wasatch Mountains. The hotel is anticipated to begin construction in Q4 2021.

"A full-service conference hotel has long been an important objective for the downtown Cairns area, but to have the added bonus of that hotel being an upscale global brand is a real jewel for the city," said Mayor Kurt Bradburn of Sandy City. "Radisson Blu's remarkable facilities and service along with their international presence is a perfect fit for our city and the valley as a whole."

"We are thrilled to have Radisson Hotel Group and Sandy City as our partners on this highly anticipated new development," said Ron Raddon, chairman, Raddon Development.

Adam Gatto and Molly Wilson of Colliers International Hotels and Hospitality Group worked exclusively on behalf of Raddon Development to secure and execute the five-star Radisson Blu for the Cairns development. For more information, visit the company's website at www.colliers.com.

The Radisson Blu brand has welcomed several additions to its portfolio with the recent openings of Radisson Blu Toronto Downtown, Radisson Blu Resort & Residence, Punta Cana and Radisson Blu Anaheim, along with the upcoming opening of Radisson Blu Fargo before the end of Q4 this year. Additionally, Radisson Blu Aruba will be opening Q1 2021.

ABOUT RADDON COMPANIES Raddon Companies is a diversified commercial real estate firm based in Draper (Salt Lake City) Utah. It began as a construction company (Raddon Brothers Construction) forty years ago and grew into Raddon Development Company. Ron Raddon, Founder and Chief Executive Officer has built several award winning commercial and residential projects throughout Utah. Recently, Ron Raddon formed Raddon Companies with a multitude of subsidiaries namely Raddon Real Estate Group, Raddon Asset Services, Raddon Development and Raddon Construction. Visit www.raddondevelopment.com.