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Written by / Agency / Source: Golden Tulip Hospitality Group

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Golden Tulip Starts 2008 Welcoming 27 Hotel Properties in Germany - Golden Tulip and Arcadia Hotels enter into long-term agreement turning Golden Tulip Hotels, Inns & Resorts into one of the largest hotel chains in Germany with over 46 hotels, 5548 rooms in more than 42 cities
Golden Tulip Starts 2008 Welcoming 27 Hotel Properties in Germany

 

NewswireToday - /newswire/ - Amersfoort, Netherlands, 2008/02/08 - Golden Tulip and Arcadia Hotels enter into long-term agreement turning Golden Tulip Hotels, Inns & Resorts into one of the largest hotel chains in Germany with over 46 hotels, 5548 rooms in more than 42 cities.

   
 
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Golden Tulip Hospitality has announced the addition of 27 hotels under franchise agreements. The agreements enter into effect as per February 1st 2008.

The hotels will be reflagged into 9 Golden Tulips (four stars) and 18 Tulip Inns (three stars).

Both Mr. Hans Kennedie (Managing Director of Golden Tulip) and Dr. Reinhard Baumhögger (Managing Director & Owner of Arcadia) know each other for years and their discussions on becoming business partners took shape during 2007.

Golden Tulip is operating and franchising 19 hotels in Germany, whereas Arcadia operates 27 hotels across the country. The combined portfolio comprises now of 46 hotels.

Arcadia Hotel & Management is headquartered in Dortmund, whereas Golden Tulip’s area office is based in Düsseldorf.

Reinhard Baumhögger, comments: “After 12 years of fine co-operation with Accor, it was time to move the beacons and to look for another hotel brand, which moves with force in the markets. Golden Tulip with its strong Management has been adding a variety a great hotels in Germany and Europe in the last couple of years. Also the fact that the brands of Golden Tulip have been around for over 45 years and the strong reservation system platform, which they have created with Pegasus Solutions surely contributed to our choice to start the relation with Golden Tulip Hotels Inns & Resorts.”

Hans Kennedie states: “I am delighted with the co-operation with Arcadia hotels in Germany. They are great hotels in good locations and very well managed. Dr. Baumhögger and his management team have built a great network of hotels over the past years and we are proud that they are now becoming Golden Tulip Hotels or Tulip Inns.”

“We believe the Golden Tulip brand name is going to be a good match for these hotels, bringing a unique combination of International Standards maintaining its local flavour." said Hans Kennedie. "The Golden Tulip philosophy is very service oriented making sure that all the guests are more than satisfied”.

 
 
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Written by / Agency / Source: Golden Tulip Hospitality Group

 
 

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Golden Tulip Starts 2008 Welcoming 27 Hotel Properties in Germany

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Publisher Contact: Rocio Manzanares - GoldenTulip.com 
+31 33 25 44 800 press[.]goldentulip.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Golden Tulip Hospitality Group securities in any jurisdiction including any other companies listed or named in this release.

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