Golden Tulip and Arcadia Hotels enter into long-term agreement turning Golden Tulip Hotels, Inns & Resorts into one of the largest hotel chains in Germany with over 46 hotels, 5548 rooms in more than 42 cities.
Golden Tulip Hospitality has announced the addition of 27 hotels under franchise agreements. The agreements enter into effect as per February 1st 2008.
The hotels, currently branded as Mercure Hotels will be reflagged into 9 Golden Tulips (four stars) and 18 Tulip Inns (three stars).
Both Mr. Hans Kennedie (Managing Director of Golden Tulip) and Dr. Reinhard Baumh?gger (Managing Director & Owner of Arcadia) know each other for years and their discussions on becoming business partners took shape during 2007.
Source: Golden Tulip Hospitality News