Franchisees want Golden Tulip brand name-Dutch report | reuters.com
Franchise owners of Golden Tulip hotels said on Wednesday they want to buy the Golden Tulip brand name after the hospitality group said it was going into voluntary receivership, Dutch news agency ANP reported. Golden Tulip, which owns 60 hotels directly with an additional 720 franchised or affiliated across more than 50 countries, said on Tuesday declining occupancy rates and the cost of investing in new hotels had led to a money-losingsituation.
