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Golden Tulip Hotels develops its presence in Portugal

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Published on 04/10/04 - Updated on 17/03/22

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The Dutch group announced the signing of two additional new franchise contracts for the Golden Tulip Park Altis and the Golden Tulip Altis Suites, adding two new hotels with a total of 342 rooms to the group’s portfolio in Lisbon, Portugal. The two new Golden Tulips are managed by Altis Hotels, who also own the 303-room Golden Tulip Altis since 1980. ‘Golden Tulip's strategy to team up with strong local partners such as Altis Hotels is a proven benefit in many markets’, explains Hans Kennedie, President & CEO of Golden Tulip Hotels. In 2005 and 2006 the Altis Hotel Group will expand its portfolio with two more hotels in Portugal's capital, a 300-room hotel located in the Marques de Pombal area and a 40-room hotel at the Doca do Bom Sucesso.

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