Golden Tulip Adds Five Hotels

Effective April 1, Golden Tulip Hospitality will have five new hotels in its portfolio in Germany and Austria. The Golden Tulip President Wien is located in Austria, while the remaining four properties are in Germany: Golden Tulip Lübecker Hof, Golden Tulip Wolfenbüttel, Golden Tulip Hamburg Aviation (opening Fall 2006) and Tulip Inn Munich Airport. The Golden Tulip Lübecker Hof, the Golden Tulip Wolfenbüttel and the Golden Tulip President Wien have been with Golden Tulip under a franchise agreement while the Golden Tulip Hamburg Aviation and the Tulip Inn Munich Airport are new additions to the group's portfolio.

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