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GOLDEN TULIP BECOMES A PREFERRED HOTEL PARTNER OF AKZO NOBEL |
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 Golden Tulip Hotels, Inns & Resorts and Akzo Nobel intensify their relationship through the signing of a “preferred hotel partner” contract for the Netherlands.Amersfoort (NL)/Lausanne (CH), 17 August 2006 – Golden Tulip Hospitality and Akzo Nobel signed the contract on Monday August 14th at Akzo Nobel’s head office in Arnhem, the Netherlands. The contract signifies an intensified cooperation under which Golden Tulip will offer Akzo Nobel hotel accommodation in over 8 prime cities in the Netherlands, among them the region of Amsterdam, Den Bosch, Leiden and Rotterdam. Furthermore, Golden Tulip will provide special rates for conference and meeting facilities in all its 76 hotels in the Netherlands. Mr. Ronald Baars, Akzo Nobel’s Director of Corporate Purchasing states: “Through the pooling of the purchasing power of our businesses we are actively establishing supply relationships with hotel chains that meet our standards for facilities and services at key locations. We have been working with Golden Tulip for over many years and we look forward to continuing the relationship. Golden Tulip has an excellent portfolio of hotels in the Netherlands and abroad and we are confident that each and every hotel will provide our business travelers with excellent facilities and services.” Mr. Alex Kompier, Chief Financial Officer of Golden Tulip Hospitality, states: “It is with great enthusiasm that we enter into this intensified cooperation. We look forward to this close cooperation to further achieve cost-saving measures that will benefit both parties and create synergies to achieve Akzo Nobel’s and Golden Tulip’s objectives. We look forward to expanding our partnership on an international level as well, through our rapid, international expansion program.” About Golden Tulip Hospitality Group Golden Tulip Hospitality Group (www.goldentulip.com), with its head office Lausanne, Switzerland, is a worldwide hospitality company with more than 780 hotels, 76.000 rooms in more than 50 countries. The Golden Tulip Hospitality Group franchises and manages hotels in Europe, the Middle East & Africa, the Asian Pacific Region and the Americas. In 2007, Hotels Magazine has ranked this company the 18th largest hotel chain. As a multi-brand hospitality firm, the Golden Tulip Hospitality Group offers services in the three, four and five star categories. The three-star concept is the Tulip Inn for the limited-service first-class category, the four-star category falls under the Golden Tulip brand for the Superior First-Class business and Resort hotels and the recently introduced five-star concept Royal Tulip. In addition Golden Tulip offers its services through its commercial alliance with TOP International, a German based hotel consortium. In the fall of 2006, Golden Tulip introduced BRANCHE, Restaurant, Bar and Lounge. This is a free standing restaurant chain, which will have establishments in most Golden Tulip Hotels and Tulip Inns operated by Golden Tulip. (For more information please visit www.brancherestaurants.com) For more information, please contact: Golden Tulip Hospitality Group Alexandra Alexandropoulou Corporate Communications Manager World Trade Center Avenue de Gratta - Paille 2 1000 Lausanne 30 Grey Switzerland Tel: +41 21 641 1947 Fax: +41 21 641 1945 Email:alexandra.alexandropoulou@goldentulip.com About Akzo Nobel Akzo Nobel’s hotels program is part of its company-wide NPR (Non-Product Related) goods and services procurement program, which aims to pool the purchasing power of Akzo Nobel and its businesses to optimize the entire procurement processes. Some 50 purchasing categories have been identified as potential “NPR categories.” Akzo Nobel is a Global Fortune 500 company and is listed on both the Euronext Amsterdam and NASDAQ stock exchanges. It is also included on the Dow Jones Sustainability Indexes and FTSE4Good Index. Based in the Netherlands, Akzo Nobel is a multicultural organization serving customers throughout the world with human and animal healthcare products, coatings, and chemicals. It employs around 62,440 people and conducts its activities in four segments − human and animal health, coatings and chemicals − subdivided into 13 business units, with operating subsidiaries in more than 80 countries. Consolidated revenues for 2005 totaled EUR 13.0 billion. For more information, please contact: Akzo Nobel Ian Cressie - NPR Communications Manager Akzo Nobel Velperweg 76 / P.O. Box 9300 6800 SB Arnhem, the Netherlands E-mail: ian.cressie@akzonobel.com T +31 26 366 1864 F +31 26 366 5935 |
