Tel Aviv (IL), Amersfoort (NL), Lausanne (CH) 30 May 2006 – Golden Tulip Hospitality and Fattal Hotel Management, a leader in the Israeli hotel industry, are proud to announce the signing of five franchise agreements. All five hotels will be operated by Fattal Hotels and franchised by Golden Tulip.
The hotels are:
- Golden Tulip Tiberias - Tiberias
- Golden Tulip Ashkelon - Ashkelon
- Golden Tulip Negev - Negev
- Tulip Inn Sea of Galilee – Sea of Galilee Tulip Inn Dead Sea – Ein Bokek
Currently Golden Tulip’s portfolio in Israel comprises of nine hotels located in; Jerusalem, Eilat, Tiberias, Ashkelon, Ein Bokek, Be’er Sheva and the Sea of Galilee.
Mr David Fattal, owner of Fattal Hotel Management Group comments: "I am delighted with the addition of these three Golden Tulips and two Tulip Inns to the Israeli hotel landscape. Golden Tulip Hospitality has been an excellent franchise partner since 1999 and we look forward to continuing our partnership for many years to come.”
Mr Hans Kennedie, President & CEO of Golden Tulip Hospitality Group, adds: “It gives me great pleasure to welcome these hotels into our family. Golden Tulip aims to offer both three and four star category services in prime locations to meet the local demand and with these additions we are a step closer to reaching our goals. Golden Tulip Hospitality Group already franchises three Golden Tulips and one Tulip Inn in Israel. Fattal Hotels is a renowned company in the Israeli hospitality industry and the combination with Golden Tulip has given these existing hotels added value in the international market place. I am confident it will do so as well for the new three Golden Tulips and two Tulip Inns.”
About Fattal Hotel Management | Fattal Hotels (www.fattal.co.il) is the largest hotel chain in Israel, operating 14 hotels under the world's leading brands, such as the Le Meridien & Club Med. The company has 4033 hotel rooms in Israel's central resorts and business centres. Fattal currently employs 3,300 staff members and its annual revenues from hotels are estimated to be over NIS 550 million.
About the Golden Tulip Hospitality Group | Golden Tulip Hospitality Group (www.goldentuliptop.com), 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 and four 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 and the four-star category falls under the Golden Tulip brand for the Superior First-Class business and Resort hotels. The Group offers furthermore the Pacific International brand for suites and apartments. The Pacific International brand is owned by Golden Tulip’s strategic shareholders the Australian company Tourism, Hotels and Leisure (THL). In addition Golden Tulip offers its services through its commercial alliance with TOP International, a German based hotel consortium.
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