Released on: September 6, 2007, 2:40 am

Press Release Author: Golden Tulip Hotels, Inns and Resorts

Industry: Real Estate

Press Release Summary: Golden Tulip and AC Restaurants & Hotels are proud to
announce the signing of a franchise agreement for the Tulip Inn Sevenum effective as
per September 1st 2007.


Press Release Body: Amersfoort (NL)/Lausanne (CH), 05 September 2007 - Golden Tulip
and AC Restaurants & Hotels are proud to announce the signing of a franchise
agreement for the Tulip Inn Sevenum effective as per September 1st 2007.

The 64 room Tulip Inn Sevenum is situated in beautiful north Limburg, at the foot of
the Groote Peel between Venlo and Eindhoven. The hotel is 15km from Venlo, 30km from
Eindhoven and 70km from Maastricht. Tulip Inn Sevenum offers business and leisure
guests 64 rooms consisting of en-suite rooms, executive rooms, luxury suits as well
as a business area for meetings with a capacity of over 240 delegates. All the guest
rooms of Tulip Inn Sevenum, as well as the restaurant, will be fully renovated
starting in October. Tulip Inn Sevenum has also an à la carte restaurant,
self-service Restaurant and bar.

Sevenum itself is home to the Toverland amusement park, which is the largest indoor
amusement park in Europe.

Mr. H.W.R. 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. Tulip Inn Sevenum brings yet another destination to our portfolio
offering our brand and standards in over 62 cities in The Netherlands."

Mr. J. J. Isoard, Managing Director of Autogrill, adds: "Tulip Inn Sevenum is the
fourth hotel that we are franchising with Golden Tulip. The success of the Tulip Inn
Amsterdam Riverside, Tulip Inn Oosterhout and the Tulip Inn Leiderdorp leads us to
believe that adding the Tulip Inn franchise to our properties will give us
additional exposure to the market and will result in an increase of revenues.
Furthermore, we see the combination of Autogrill, as an expert in the supply of
concepts for food & beverage outlets and Golden Tulip, a leader in the provision of
mid market hotel franchise formulas, as being highly incremental to the value of our
hotels."

Mr. Th. Merks, Operations Director Benelux of Autogrill adds: "It is with great
excitement that we embark this agreement with Golden Tulip Hospitality group. We are
confident that with the international brand recognition of Golden Tulip as well as
their successful systems and franchise formula the hotel will position itself in the
Dutch Hospitality market in no time."

Including the Tulip Inn Sevenum, the portfolio of Golden Tulip Hotels Inns & Resorts
comprises 78 hotels in 57 cities across the Netherlands.

About Autogrill
In the global organized f&b market, Autogrill is the only player that operates
almost exclusively under concession (94% of Group sales). Concession contracts,
which are put out to public tender, are stipulated directly with government agencies
or infrastructure operators or indirectly (sub-concessions) with companies owning
the areas or rights to use them. Such contracts confer rights to operate certain
services in specific locations in return for rents and royalties and subject to
agreements defining investments to be made in the area under management.
Autogrill has been listed on the Milan Stock Exchange since 1997 and is controlled
by Edizione Holding S.p.A. - the Benetton family's investment arm, which holds 57.9%
of share capital (through Schematrentaquattro S.r.l., a wholly-owned subsidiary of
Edizione Holding S.p.A.).

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 908 hotels, 81.000 rooms in more than 50 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://http://www.goldentulip.com/pressroom/news.aspx?id=228

Contact Details: 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