Hospitality Net

Autogrill operates 12 hotels in the Benelux. The Tulip Inn Amsterdam Riverside is the third hotel from this portfolio to join Golden Tulip, following the footsteps of the Tulip Inn Oosterhout, which became a franchisee of Golden Tulip in August 2003 and the Tulip Inn Leiderdorp, which joined Golden Tulip in April 2005. Autogrill, with an annual turnover of Euro 3.1 billion, is the world’s leading operator of food and beverage outlets and retail outlets for mass consumption products, for motorway, airport and railway travelers.

The Tulip Inn Amsterdam Riverside is conveniently located at the river Gaasp in the eastern part of Amsterdam, within easy reach of the Amsterdam Arena, the RAI Convention Centre, the World Trade Centre and Amsterdam - Schiphol Airport. The hotel offers 192 spacious rooms, free parking and a meeting centre, consisting of seven meeting rooms that can host up to 330 delegates.

Hans Kennedie, President & CEO of Golden Tulip, comments: “I am very pleased with this new addition to our portfolio of Tulip Inns in the Benelux. The Tulip Inn Amsterdam Riverside is a great example of our successful Tulip Inn-concept: modern three-star hotel, located in an urban centre or at a major access route, offering excellent value for money. Today, approximately one third of the Golden Tulip portfolio consists of Tulip Inns, however we foresee a stronger increase in this segment for the next decade, partly as a result of the growing trend to develop profitable concept-driven business models, tailored to the mid-market.”

Mr Jean Jacques Isoard, Managing Director of Autogrill, adds: “The Tulip Inn Amsterdam Riverside is the third hotel that we are franchising with Golden Tulip. The success of the Tulip Inn Oosterhout and the Tulip Inn Leiderdorp leads us to believe that adding the Tulip Inn franchise to our property in Amsterdam, will give us additional exposure to the market and will result in an increase of revenues. Furthermore, we see the combination of Autogrill, as an expert in the supply of concepts for food & beverage outlets and Golden Tulip, a leader in the provision of mid market hotel franchise formulas, as being highly incremental to the value of our hotels.”

Including the Tulip Inn Amsterdam Riverside, the portfolio of Golden Tulip Hotels Inns & Resorts comprises 73 hotels in 57 destinations across the Netherlands

Golden Tulip Hospitality B.V. with its head offices based in Amersfoort, the Netherlands and Lausanne, Switzerland, is the owning company of Golden Tulip Hotels, Inns & Resorts, franchising some 219 hotels across 37 countries, with the majority of hotels being located in urban destinations across Europe, the Middle East & Africa. Golden Tulip’s main assets include its intellectual property, hotel management division, franchise division and other shareholdings. Through its commercial alliance with TOP International Hotels, a German based hotel consortium, the French B & B Group and Australian Tourism Hotels & Leisure (THL), the combined portfolio comprises over 53,000 rooms in approximately 504 hotels. Golden Tulip offers a unique franchise concept for two brands, designed to implement international standards, whilst maintaining local flavours: Golden Tulip for the four star business and resort hotels and Tulip Inn for the three star category. TOP International Hotels offers hotel reservations, marketing and sales services to independent hotels. B&B Hotels are comfortable two star hotels throughout France and Germany. THL operates four brands, Grand Pacific Suites, Pacific International Suites & Apartments, Pensione and Plaza Hotels, in the three to five star segment in Asia Pacific. The Hotel Management Division of Golden Tulip Hospitality B.V. combines some thirty operations in the Netherlands, Central Europe, the Middle East & North Africa and the UK.