Released on = July 17, 2007, 3:24 am

Press Release Author = Golden Tulip Hospitality

Industry = Real Estate

Press Release Summary = Amersfoort (NL)/Lausanne (CH), 17 July 2007 - Golden Tulip
is proud to announce the signing of a franchise agreement for the Golden Tulip
West-Ende in Helmond.

Press Release Body = The hotel is undergoing reconstruction which commenced in March
and is due to finish as per April 1st 2008. The existing 28-room hotel will expand
to a four star hotel offering over 100 guestrooms. The existing rooms and the
reception will also undergo renovation. The construction plan will be divided in two
phases; the first phase the hotel will be transformed to a 68-room hotel and the end
of the second phase the hotel will offer 104 rooms.

The Golden Tulip West-Ende will furthermore offer a large wellness and leisure
complex as well as conference and meeting facilities. Some of the leisure facilities
include a swimming pool, sauna, Turkish steambath, and fully equipped health and spa
areas.

Hans Kennedie, President & CEO of Golden Tulip Hospitality comments: "I am very
pleased with this new addition to our portfolio in the southern region of the
Netherlands. The Golden Tulip Westende brings yet another destination to our
portfolio offering our brand and standards in over 56 cities in The Netherlands."

Mr. Liton Loverbosch, Managing Director of West-Ende Hospitality, adds: "Golden
Tulip West-Ende in Helmond will combine style and stature with a personal approach
and Brabantine amiability. With the rapid growth of Golden Tulip in the area we are
confident that this international organization will provide the right tool and
services leading to incremental revenues."

Including the Golden Tulip West-Ende, the portfolio of Golden Tulip Hotels Inns &
Resorts comprises 72 hotels in 56 cities across the Netherlands.




About the Golden Tulip Hospitality Group

Golden Tulip Hospitality Group (www.goldentulip.com), with its head offices in
Amersfoort, The Netherlands and Lausanne, Switzerland, is a worldwide hospitality
company with more than 630 hotels, 58.000 rooms in more than 49 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 the two, three, four and five star categories. On the two-star side
Golden Tulip has an alliance with the French B&B hotel chain. The three-star concept
is the Tulip Inn for the limited-service first-class category, the four-star
category falls under the Golden Tulip brand for the Superior First-Class business
and Resort hotels and the recently introduced five-star concept Royal Tulip. In
addition Golden Tulip offers its services through its commercial alliance with TOP
International, a German based hotel consortium.

In the fall of 2006, Golden Tulip introduced BRANCHE, Restaurant, Bar and Lounge.
This is a free standing restaurant chain, which will have establishments in most
Golden Tulip Hotels and Tulip Inns operated by Golden Tulip. (For more information
please visit www.brancherestaurants.com)

For more information, please contact:

Golden Tulip Hospitality Group
Ms. Rocio Manzanares -
Corporate Communication Manager
Tel: +31 33 2544 828
Fax: +31 33 2544 816
E-Mail: rocio.manzanares@goldentuliptop.com
Web: www.goldentulip.com







Web Site = http://www.goldentulip.com

Contact Details = Rocio Manzanares
Stationsplein 26 AK Amersfoort, the Netherlands
+31 33 25 44 828
+31 33 25 44 816
rocio.manzanares@goldentuliptop.com