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Golden Tulip Hospitality Group signs Development Agreement to Launch Golden Tulip Russia

Golden Tulip Hospitality Group signs Development Agreement to Launch Golden Tulip Russia

Category: Europe - Russia - Industry economy - New brands / Affiliations
This is a press release selected by our editorial committee and published online for free on 2009-02-25


– Golden Tulip Hospitality Group, has signed a development and representation agreement with IFK Hotel Management, a Moscow-based hotel management company.

Golden Tulip proudly announces the recently signed development & representation agreement with the Russian hotel management company, IFK Hotel management. This agreement enables the Golden Tulip Hospitality Group to continue its growth by entering the promising Russian market.

IFK Hotel Management is a professional company specializing in hotel and (hospitality related) property management in Russia. As official representative of Golden Tulip Hospitality Group, IFK hotel management will bring forward the brands Tulip Inn, Golden Tulip, Royal Tulip, George & CO and BRANCHE Restaurant, Bar & Lounge.

Hans Kennedie, President & C.E.O. of Golden Tulip Hospitality Group comments: “We are very pleased to announce Golden Tulip’s first entry into the Russian Federation and the co-operation with IFK Hotel Management. The years of experience on the Russian hospitality market of Mr. Izmaylov and his management team will be of high value for the global development of the Golden Tulip portfolio.”

Marsel Izmaylov, CEO of IFK Hotel Management, adds: “Golden Tulip’s brand recognition and its proven success track record gives us the necessary tools to develop new projects in this region. I am delighted to be a partner of Golden Tulip Hospitality Group and intend to put Golden Tulip’s brand into leadership positions in the Russian market. I am sure we can bring “local flavours” to almost half a century hospitality traditions of Golden Tulip.”.



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