Rezidor has agreed a management deal for the existing Hotel Riu Park El Kebir in Hammammet, which will be re-branded as Park Inn Hammamet and open in Q2 2012 following a full renovation.
The property will be the group's third hotel in Tunisia - it already operates the Park Inn Ulysse Resort & Thalasso and the award winning Radisson Blu Resort & Thalasso in Djerba.
The new Park Inn Hammamet will boast 273 bedrooms and 63 villas.
Facilities will include a Thalasso Spa, four outdoor and one indoor swimming pools, four restaurants and a range of sporting and fitness facilities.
Kurt Ritter, president & CEO of Rezidor, said: "We're delighted to further strengthen our presence in Tunisia and to come to Hammamet - one of North Africa's first and most popular resort destinations.
"It is a pleasure for us to start our cooperation with the CARTE insurance group which owns the new hotel, and we look forward to further joint projects."