Golden Tulip Hospitality Group has signed a management agreement with Royal Bulgarian Ltd., and will be the operator for the newly built Royal Tulip Golf, Spa & Wellness Resort in Balchik, Bulgaria.

Golden Tulip Hospitality Group proudly announces the launch of the Royal Tulip Golf, Spa & Wellness Resort Balchik, which will be the first Royal Tulip in Bulgaria. It is expected that the hotel will open its doors in April next year.

The Royal Tulip Golf & Spa will be part of the 18-holes LightHouse Golf Resort, situated near Varna at the Bulgarian Black Sea Coast. The hotel counts 189 deluxe rooms, a Conference & Banquet Centre, Spa & Welness, Health & Dental Clinic, Fitness & Tennis, a BRANCHE Restaurant, Bar & Lounge, a Fine Dining restaurant, shops, a pool bar and a beach club.

Hans Kennedie, President and CEO of Golden Tulip Hospitality Group, comments: “We are delighted to announce the addition of this new hotel to our exclusive selection of the Royal Tulip portfolio. Over the last five years, Bulgaria has enjoyed the highest growth of hotel development in the region and Balchik in particular is rapidly developing as a promising high-end tourism destination.”

Jan Schrasser, CEO of Royal Bulgarian, comments: “The Royal Tulip LightHouse in Balchik, situated at the LightHouse golfcourse, positively contributes to the development of the new fantastic golf destination Bulgaria. Balchik is a unique golfcentre by its three 18-holes golfcourses; BlackSeaRama (Gary Player Design), ThracianCliffs (Gary Player Design) and LightHouse (Ian Woosman Design). This new segment of high class tourism in Bulgaria is extremely important for the development of this beautiful country.

About Royal Bulgarian Ltd. | Royal Bulgarian Ltd. is Swiss Bulgarian company with offices in both countries. The company is active in different branches of the tourism industry, including Golf, Ski, Travel & Real Estate ().

About Golden Tulip Hospitality Group | Golden Tulip Hospitality Group (), 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 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 ().