Lausanne (CH), 9 | Golden Tulip Hospitality Group is proud to announce the signing of the agreement to operate the Tulip Inn Etoy. It is the group's first managed hotel in Switzerland and it will open its doors during the first quarter of 2010.

Tulip Inn Etoy will be located in Littoral Parc and will comprise 100 rooms. Littoral Parc is situated in the heart of the canton of Vaud, an area currently popular among many international businesses, with high expectations to prospect in the near future. In addition to the Tulip Inn, the development project of this 70.000 m2 area consists of an already constructed small shopping centre, an 80-room home for senior people and four office buildings totaling 20.000m2. The construction of the hotel is bound to start in December 2008.

The hotel will be fully implemented with Golden Tulip's additional services, such as BRANCHE Restaurant, Bar & Lounge and Simply Meet, Golden Tulip's meeting concept. Three conference rooms will be available, each with a capacity up to 20 people and with the possibility of being connected to the others, as well as indoor and outdoor parking amenities.

Hans Kennedie, President & C.E.O. of Golden Tulip Hospitality Group comments: "With great joy Golden Tulip starts expanding its operations in the Swiss market. We have confidence that we can provide this new hotel the necessary tools and services to enter the Swiss hospitality industry successfully as well as to reinforce Golden Tulip's international recognition."

José Silva, the Chairman of the Board of Directors of Société Immobilière Littoral Parc SA continues: "Our company is very happy that the hotel will be operated by an international, experienced and professional company like Golden Tulip. We can now focus on the development of over 20'000 m2 of offices in the area."

With the addition of the Tulip Inn Etoy, the Golden Tulip Hospitality Group's portfolio will consist of a total of 784 hotels.

About Golden Tulip Hospitality Group

Golden Tulip Hospitality Group (www.goldentulip.com ), with its head office in Lausanne, Switzerland, is a worldwide hospitality company with more than 780 hotels and 75.000 rooms in more than 50 countries. The Golden Tulip Hospitality Group franchises and manages hotels in Europe, the Middle East & Africa, the Asian Pacific Region and the Americas. In 2006, 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 categories with different standards.

Tulip Inns offer comfortable accommodation in convenient locations in city centers or close to major access routes. They provide well-maintained, functional accommodation and friendly service as well as exceptional value for money for business or pleasure. 

Tulip Residences Hotels are exclusive, select service properties for the discerning business and leisure traveller looking for extended stay accommodation in prime city locations. Studios, apartments and suites come fully equipped with high-definition televisions, free Wi-Fi connection and en suite bathrooms and with state-of-the-art kitchen facilities.

Golden Tulip Hotels are superior first-class hotels with international standards of comfort, service and facilities. Each hotel offers you its own individual character, whilst reflecting the flavor of its location. All Golden Tulip hotels are situated in key locations, some in city centers or close to airports and major access routes, whilst others are located in business districts or close to local conference centers. A number of additional amenities, ranging from meeting rooms to recreational facilities, are offered at all Golden Tulip hotels.

Royal Tulip Hotels are luxury hotels offering the most elegant and high standard facilities with a deluxe level of comfort and personal service. All Royal Tulip hotels are situated in gateway city centers and business districts.  A number of additional sophisticated and state of the art technology amenities are offered at all Royal Tulip hotels.

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. (For more information please visit www.brancherestaurants.com )

In the summer of 2008, Golden Tulip introduced the new F&B concept George & Co. . George & Co. will serve sweet and savoury classics featuring international fusion and healthy choices. Based on providing all-day eating options the restaurant offers a wide range of pre-prepared dishes from breakfast and light lunches to dinner and snacks. All products offered in George & Co. restaurants will be fully branded.  George & Co. F&B concept will be implemented in Tulip Inns and Golden Tulip hotels.