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Press Room

23 October 2008  (EN NL DE FR)

EXPANSION IN BRAZIL WITH 5 NEW HOTELS

EXPANSION IN BRAZIL WITH 5 NEW HOTELSLausanne (CH), 23 October 2008 – Golden Tulip Hospitality Group concretizes its goals to expand in the South American market: The group is taking over Golden Tulip Porto Bali and planning four upcoming hotels in Curitiba.

In 2008 Golden Tulip Hospitality Group’s expansion in Brazil accelerated at a substantial rate, proving the group’s capacity to insert itself permanently into the South American market. In the course of October 2008 Golden Tulip Hospitality Group signed five new contracts for franchised properties in Brazil. Golden Tulip Porto Bali opened its doors as per October 1st, while Tulip Inn São José dos Pinhais, Tulip Inn Santa Felicidade, Tulip Inn Batel and Tulip Inn Campo largo, all four in Curitiba, will start to be operated by the group by November 15th. With this step the group’s Brazilian portfolio totals 22 properties, of which 9 have been added only in 2008.

With the take over and rebranding of Mercure Porto Bali as of October 1st, Golden Tulip Hospitality Group is asserting its presence between São Paolo and Rio de Janeiro. The hotel enjoys the advantages of a 20.000 m2 area in the beautiful municipality of Angra do Reis. 150 Km southwest of Rio de Janeiro, Angra do Reis is famous for its picturesque coastline comprising the Bay of Ilha Grande, a pristine setting of more then 360 islands, countless beaches and waterfalls. The 139 apartments offer a unique view on the Botinas Islands, the touristic icon of the region. The resort will be adapted to fit the demands of corporate clientele, but will preserve nonetheless its several leisure facilities, which include a pier for exclusive use of the guests, swimming pool, sauna, Turkish bath, fitness, wireless internet, aquatic sports, restaurants and bars.

Hans Kennedie, President & C.E.O. of Golden Tulip Hospitality Group comments: “Concerning worldwide expansion, it has been our main target to intensify the acquisitions in Brazil in 2008. We can proudly state that we reached this goal. The next step will be to expand as well in other South American countries”.

Peter van Voorst Vader, Senior Vice President and Managing Director of Golden Tulip Hospitality Group Americas adds: “With these new acquisitions in Brazil our brand is working towards the goal of achieving countrywide presence. Now we can proudly count on 22 properties in the country and more have to come in the very near future”.

About Golden Tulip Hospitality Group
Golden Tulip Hospitality Group (www.goldentulip.com), with its head office in Lausanne, Switzerland, is a worldwide hospitality company with more than 780 hotels and 75.000 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 2006, 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 categories with different standards. Tulip Inns offer comfortable accommodation in convenient locations in city centers or close to major access routes. They provide well-maintained, functional accommodation and friendly service as well as exceptional value for money for business or pleasure.

Tulip Residences are exclusive, select service properties for the discerning business and leisure traveller looking for extended stay accommodation in prime city locations. Studios, apartments and suites come fully equipped with high-definition televisions, free Wi-Fi connection and en suite bathrooms and with state-of-the-art kitchen facilities.

Golden Tulip Hotels are superior first-class hotels with international standards of comfort, service and facilities. Each hotel offers you its own individual character, whilst reflecting the flavor of its location. All Golden Tulip hotels are situated in key locations, some in city centers or close to airports and major access routes, whilst others are located in business districts or close to local conference centers. A number of additional amenities, ranging from meeting rooms to recreational facilities, are offered at all Golden Tulip hotels.

Royal Tulip Hotels are luxury hotels offering the most elegant and high standard facilities with a deluxe level of comfort and personal service. All Royal Tulip hotels are situated in gateway city centers and business districts. A number of additional sophisticated and state of the art technology amenities are offered at all Royal Tulip hotels.

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)

In the summer of 2008, Golden Tulip introduced the new F&B concept George & Co.. George & Co. will serve sweet and savoury classics featuring international fusion and healthy choices. Based on providing all-day eating options the restaurant offers a wide range of pre-prepared dishes from breakfast and light lunches to dinner and snacks. All products offered in George & Co. restaurants will be fully branded. George & Co. F&B concept will be implemented in Tulip Inns and Golden Tulip hotels.

For more information, please contact:

Golden Tulip Hospitality Group


Ms. Sione Götte
Director of Public Relations
Avenue de Gratta-Paille 2
1000 Lausanne - Switzerland
Tel: +41 21 510 1581
Fax: +41 21 510 1599
E-Mail: sione.gotte@goldentulip.com
Web: www.goldentulip.com
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