Golden Tulip Adds The 75th Hotel To Its Dutch Hotel Portfolio

Amersfoort (NL)/Lausanne (CH), 15th December 2005 – Golden Tulip is proud in announcing the signing of a new franchise agreement in the Netherlands for the Golden Tulip Zoetermeer Centre. The Golden Tulip Zoetermeer Centre will open its doors January 1st 2006.

The Golden Tulip Zoetermeer Centre is a business hotel situated in the commercial centre of Zoetermeer nearby a large and well-known shopping centre. Furthermore the hotel is ideally located in the heart of the Rotterdam/ The Hague / Amsterdam conurbation with direct connection to main motorway (A12) and the train station.

The Golden Tulip Zoetermeer Centre offers its business and leisure guests 60 standard and executive rooms, 30 business suites for long term stay, seven meeting facilities for a capacity up to 300 delegates, an African Bar, and various recreational facilities for young and old. The property highlights include a fine dining restaurant called the Bogatti’s restaurant with international cuisine and an outside terrace.

Hans Kennedie, Managing Director & CEO of Golden Tulip Hotels, Inns & Resorts, states: “Golden Tulip is delighted with this new addition to our Dutch Portfolio reaching 75 hotels. The Golden Tulip Zoetermeer Centre is located on an ideal business location between the largest business districts of Holland. Furthermore, we are confident that Golden Tulip will provide this first class hotel the necessary tools to increase revenues as well as international recognition.”

Mr. Cor van Duijn, owner of the Golden Tulip Zoetermeer Centre adds: “We are looking forward to working with Golden Tulip Hotels, Inns & Resorts, an internationally hotel chain with a renowned prestige in the Dutch Market. We enter into this agreement with great assurance that Golden Tulip will provide the hotel the ideal tools and service to position Golden Tulip Zoetermeer Centre in this competitive market. ”

Golden Tulip Hospitality B.V. with its head offices based in Amersfoort, the Netherlands and Lausanne, Switzerland, is the owning company of Golden Tulip Hotels, Inns & Resorts, franchising some 219 hotels across 37 countries, with the majority of hotels being located in urban destinations across Europe, the Middle East & Africa. Golden Tulip’s main assets include its intellectual property, hotel management division, franchise division and other shareholdings. Through its commercial alliance with TOP International Hotels, a German based hotel consortium, the French B & B Group and Australian Tourism Hotels & Leisure (THL), the combined portfolio comprises over 52,000 rooms in approximately 504 hotels. Golden Tulip offers a unique franchise concept for two brands, designed to implement international standards, whilst maintaining local flavours: Golden Tulip for the four star business and resort hotels and Tulip Inn for the three star category. TOP International Hotels offers hotel reservations, marketing and sales services to independent hotels. B&B Hotels are comfortable two star hotels throughout France and Germany. THL operates four brands, Grand Pacific Suites, Pacific International Suites & Apartments, Pensione and Plaza Hotels, in the three to five star segment in Asia Pacific. The Hotel Management Division of Golden Tulip Hospitality B.V. combines some thirty operations in the Netherlands, Central Europe, the Middle East & North Africa and the UK. (Ends)