VENEZUELA
learns to diversify after turbulent political times









Mr. Edgar Velarde, President of Prime Network




RADISSON HOTELS Y PRIME NETWORK
ALIANZA ESTRATEGICA


Message from

Mr. Edgar Velarde,
President of Prime Network
Radisson Hotels & Prime Network: Strategic Alliance

I would like to take this opportunity to welcome to Venezuela the prestigious Radisson Hotels & Resorts chain.

This being Radisson worldwide's first hotel in Venezuela, the Eurobuilding is proud to become part of this very prestigious chain of hotels and will be renamed Radisson Plaza Eurobuilding Caracas. We are convinced that this mutual alliance will bring numerous benefits and opportunities for all of us.

In order for us to integrate fully in the growing process of globalization, we needed to associate ourselves with a chain of hotels that would encompass solid leadership in technology and communication, aggressive marketing and total guest satisfaction. The only alternative had to be Radisson Hotel & Resorts, which has shown itself to be the hotel company with the largest development and projection in the market. A decisive factor in taking this decision, was the fact that Radisson forms part of the largest international conglomerate in the Hospitality Industry, Carlson Hospitality, which operates a solid group in 145 countries and which also generates more than 51% of the world's travel industry revenue.
For our group, PrimeNetwork, it is a great honor to have Radisson Hotels & Resorts in our portfolio as well as other renowned brands of hotels such as Hampton Inn & Suites, Double Tree Hotels and its own brand names such as PrimeRewards, Hotel Revenue Network and Marketing Prime Division.

In this edition, we would like to share with you some brief information about our holding company, PrimeNetwork and its vision into the future.



Edgar Velarde
President
Prime Network

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© World INvestment NEws, 2002.
This is the electronic edition of the special country report on Venezuela published in Forbes Global Magazine.
April 2002 Issue.
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