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Golden Tulip Hotels Inns & Resorts Sets up a Consortium
of Experts to Develop Hotels in the Netherlands
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October 28, 2003 - Golden Tulip Hotels Inns & Resorts is proud to announce the signing of a letter of intent to set up a cooperation between Golden Tulip, ARCADIS and HTC Support. The aim of the cooperation is to develop a hotel portfolio, initially in the Netherlands. ARCADIS will identify potential destinations and check zoning schemes. HTC Support will undertake the market research and feasibility studies.

Hans Kennedie, president & chief executive officer of Golden Tulip states: “I am extremely delighted about this intent to cooperate. Each of the parties is an expert in its own field. By combining the knowledge bases, we jointly aim to create a platform of expansion and a portfolio of hotels, which will benefit each party in their own operations and create valuable hotel assets under the Golden Tulip management and brand for the industry and the future owners of the real estate.”

According to Rein Sirre, director of ARCADIS Netherlands, the contact with Golden Tulip been a consequence of the constant search for new markets.  “ARCADIS has a strong reputation in the field of location development, building design, infrastructure and project management. These are qualities we can use in an integrated way for hotel development for Golden Tulip.”

Ton Kanters, director of HTC Support, comments: “Golden Tulip is a strong brand in the hospitality industry. It has a fresh and young image that together with the rational management approach of the group will be value adding to the real estate. Our experience in the market shows that there is a large potential and need for the next generation of smart operations both in existing destinations and by creating new destinations for both business and leisure guests.”

ARCADIS NV is a leading, global, knowledge-driven service provider, active in the fields of infrastructure, buildings, environment and communications.  With client success central to our total business approach, we fulfill project or program needs from concept to completion and beyond. Together, we generate EUR 850 million in annual revenues. There are 8,500 of us, results-oriented people, continually investing in our skills to maximize value while creating viable solutions that assure your success.

HTC Support B.V. is a versatile and independent consultancy agency that focuses on supporting and guiding hospitality, catering and related companies. Over the past 25 years, HTC has specialized in market research and feasibility studies. The approach is based on a partnership and active participation in the realization of improved returns, revenue increase, business development and expansion. To achieve objectives during the set time period, HTC Support offers interim management and subscription-support that allows a structured approach and correct handling of a project within its set budget.

Golden Tulip Hotels, Inns & Resorts is a privately owned franchise company with its head office based in Amersfoort, the Netherlands. Through its commercial alliance with TOP International Hotels, the German based hotel consortium, the Golden Tulip Top Hospitality Group comprises over 43,000 rooms in approximately 390 hotels across 41 countries, with the majority of hotels being located in urban destinations across Europe, the Middle East & Africa. Golden Tulip offers a unique concept for two brands, designed to implement international standards, whilst maintaining local flavors: Golden Tulip for the four star business and resort hotels and Tulip Inn for the three star category. TOP International Hotels provide hotel reservations, marketing and sales services to independent hotels. Since 1975, Golden Tulip has been the preferred travel partner of KLM Royal Dutch Airlines.

Contact:

Aemilia Bosman
Strategic Development Analyst
Golden Tulip Top Hospitality Group
Stationsplein 26
3818 LE Amersfoort
The Netherlands
Tel: +31 33 2544 807
Email: aemilia.bosman@goldentuliptop.com
Internet: www.goldentuliptop.com


 
Also See Golden Tulip, Primarily a Franchise Company, Participates as Shareholder in Acquisition of Six Hotels in the Netherlands; Properties Will Set the Standards for Franchisees / April 2003
Tuomas Madison Named Vice President of Franchising for Golden Tulip / Oct 2002


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