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Golden Tulip enters China with first property in Shanghai

The Golden Tulip Shanghai Riverside will be the first hotel for Golden Tulip Hospitality in the market of China. The Swiss-Dutch based hotel company will assume management as per the 1st of April, 2007 after the agreement signing…

The Golden Tulip Shanghai Riverside will be the first hotel for Golden Tulip Hospitality in the market of China. The Swiss-Dutch based hotel company will assume management as per the 1st of April, 2007 after the agreement signing with Shanghai Eastern Airline Hospitality.

GAO Jiankang, Chairman of Board of Directors of Shanghai Eastern Airline Hospitality Co., stated: “It is with great enthusiasm that we embark into this partnership with Golden Tulip. We believe that Golden Tulip has outstanding tools, systems and services to turn the hotel around into a leading preferred hotel in an international level whilst maintaining its local flavours. This will enable the hotel to achieve worldwide recognition and high revenues.”

Hans Kennedie, president and C.E.O. of Golden Tulip Hospitality, commented: “We are delighted and very excited to welcome the first hotel in China. It is our goal to have a Chinese network of 200 hotels across the country in the medium to long term and we are proud to be able to enter with such a landmark property.”

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