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Article: Golden Tulip Hospitality announces change in strategy for the United Kingdom & Ireland; Golden Tulip Hospitality alters strategy in the UK, following the sale of its master franchisee Golden Tulip (UK) to Whitbread PLC.
- Article from:
- M2 Presswire
- Article date:
- September 27, 2007
CopyrightCOPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-27 September 2007-Golden Tulip: Golden Tulip Hospitality announces change in strategy for the United Kingdom & Ireland; Golden Tulip Hospitality alters strategy in the UK, following the sale of its master franchisee Golden Tulip (UK) to Whitbread PLC.(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:27092007
Amersfoort (NL)/Lausanne (CH) - Golden Tulip Hospitality announces the intention of directly purchasing hotel assets in the UK, now that its Master Franchisee (Golden Tulip UK) has been sold to Whitbread PLC. Golden Tulip will make available for UK acquisitions an initial sum of GBP 50 million in pursuit of acquisitions.
The hotel ...