Golden Tulip Hospitality Adds Newly Built Hotel To Belgium Portfolio

Golden Tulip Hospitality is proud to announce the signing of the agreement to operate the Golden Tulip Antwerp Centre. The hotel will open its doors as per September 2007. The Golden Tulip Antwerp Centre is a part of a multifunctional project located in the heart of the city of Antwerp. The developers are Robelco and the project will consist of three towers destined for the European office of Alcatel, private residential use, the municipality of Vlaanderen and the hotel. The hotel will be fully operated by Golden Tulip

The 12 stories Golden Tulip Antwerp Centre is located on the Lange Kievitstraat in the center of Antwerp and at walking distance of the sparkling diamond district. The hotel will offer 174 functionally designed guestrooms fully equipped with state of the art facilities such as wireless internet. The hotel provides meeting and ) and 11 meeting rooms. TheƒUconference facilities including a ballroom (230 m 12th floor will consist of a state of the art wellness and spa centre.

The hotel will be fully implemented with Golden Tulip¡¦s programs and concepts such as:
¡PBRANCHE Restaurant, Bar & Lounge
¡PLet¡¦s Meet Again meeting and conference facilities
¡PWellness

Hans Kennedie, President & C.E.O. of Golden Tulip Hospitality Group states: "it is with great enthusiasm that we welcome our first hotel, under our management in Belgium. Through its ideal location, the Golden Tulip Antwerp Centre has a great potential to attract the international affluent travelers and travel intermediaries. We are confident that with the Golden Tulip Management Formula the hotel will achieve international recognition and become profitable."

Frank de Snoeck, Project Director of Robelco adds: "it is with great excitement and confidence that we enter into this agreement. Golden Tulip Hospitality has proven to be a very successful company. With its worldwide brand recognition and its outstanding accomplishments in the management division we are assured that Golden Tulip will provide the hotel the ideal tools and service to position Golden Tulip Antwerp Centre in this competitive market."

With this new addition the current Golden Tulip hotel portfolio comprises of 6 hotels in Belgium and Luxembourg, situated in prime locations such as Antwerp, Brugge and Ostend.

About Robelco

Robelco established in 1996 by Jan F. Lisman and Eric De Vocht, is a company developing exceptional Real Estate projects.

The vision and the ambition of her shareholders, combines to a limited but very competent and experienced structure, even as her financial independency and her capacity of autonomous and rapid decision-making have enabled Robelco to develop a Real Estate portfolio marked by diversity and quality.

Short realization periods combined with fine-tunes delivery times are completing the needed elements to the launch of the products developed by Robelco.
Examples like the business park (Park Lane) used by Nokia, Worldcom MCI, Goodyear, Guidant, UUNet and the site (Leopold Square) rented by Ericsson, IBM, KPMG, are illustrating the application of the values.

Robelco
Havenlaan 86C
1000 Brussels
Tel : +32 2 400 78 78
Fax: +32 2 400 79 79

About Golden Tulip Hospitality Group

Golden Tulip Hospitality Group with its head offices in Amersfoort, The Netherlands and Lausanne, Switzerland, is a worldwide hospitality company with more than 500 hotels, 47,000 rooms in more than 45 countries. The Golden Tulip Hospitality Group franchises and manages hotels in Europe, the Middle East & Africa, the Asian Pacific Region and the Americas. In 2005, 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 two, three, four and five star categories. On the two-star side Golden Tulip has an alliance with the French B&B hotel chain. 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.