The hotel, located at 24a Panasa Myrnoho Street within the Kristal Plaza business complex, was developed by Galytska Budivelna Guildiya (GBG) and opened as part of a partnership with Louvre Hotels Group in 2021. This collaboration aims to meet the growing demand for medium-term stays in Lviv.

The hotel offers 73 apartments equipped with kitchenettes, catering to both business and leisure travelers. The property features a TULIP Café open 24/24, a fully equipped business area with meeting rooms, a gym, underground parking, and a rooftop terrace. Guests can also enjoy breakfast at Skver Café on the ground floor, located near a newly developed public park.

TULIP Residences Lviv is situated in a vibrant part of Lviv, close to key destinations such as the IT Park, LvivTech.City, and the Ukrainian Catholic University, making it a suitable base for extended stays. 

TULIP Hotels & Residences is a brand from Louvre Hotels Group that offers flexible accommodation options, combining hotel services, home-like amenities, and workspaces. 

Designed for both short and long stays, the properties feature rooms, cafes, meeting areas, gyms, and event spaces to accommodate the needs of business and leisure travelers.