News - 19th Oct 2007

Hotel: Golden Tulip Hospitality Announces Change In Strategy

Golden Tulip Hospitality announces the intention of directly purchasing hotel assets in the UK, now that its Master Franchisee (Golden Tulip UK) has been sold to Whitbread PLC. Golden Tulip will make available for UK acquisitions an initial sum of GBP 50 million in pursuit of acquisitions.

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