Tulip Group signs deal with Golden Tulip Hotels & Resorts

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Tulip Group Thailand has announced that it has reached agreement with Golden Tulip Hotels and Resorts for the management of its new project in central Pattaya

The official name for the group’s latest mixed use development will be Golden Tulip Hotel and Residence Pattaya, and will include a 200-room 4 star Golden Tulip Hotel and 6 condominium buildings on a total land area of just under 16,500sqm.

An artist’s impression of the Golden Tulip Hotel and Residence Pattaya project. An artist’s impression of the Golden Tulip Hotel and Residence Pattaya project.

The project will offer purchasers the valued benefit of being managed by the world’s 8th largest hotel group – Golden Tulip Hotels and Resorts – which is also the second largest hotel group in Europe and in total owns and manages over 1000 properties across 40 countries.

Hotel Guests will have their own private facilities including swimming pool and fitness rooms, and therefore will not disturb the private property of the condominium development, but condominium owners will be able to enjoy the facilities of the hotel, such as the restaurants and bars, giving this project a true feeling of an all inclusive resort in the heart of Pattaya city.

“We are very much excited about the prospect of working with Golden Tulip Hotels & Resorts, they are recognized as a true international brand and I think the two brands will complement each other” said Jason Payne, Tulip Group Vice President.

Tulip Group recently announced that it had purchased the prime city center land plot for a figure of 500 million baht, a figure that would have been unheard of a few years ago.

“We have made a significant investment in order to secure this plot of land, but we feel the area is continually growing and we see no reason to dwell on how much we paid for the land,” said Kobi Elbaz, CEO Tulip Group.  “Our goal now is to construct a true resort in the city and our team has worked extremely hard to design this mixed use development.  We are very happy to be working with Golden Tulip, who will not only mange the hotel but also the entire complex.  Pattaya is continually growing and we are proud to be part of its growth,” he added.

Golden Tulip Hotels Managing Director (South East Asia), Mark Van Ogtrop, was also very buoyant and excited about working with Tulip Group and also bringing Golden Tulips first hotel to Pattaya: “The project is very exciting and Pattaya is growing all the time and we are keen to move ahead with Tulip Group to jointly and successfully develop this exciting hotel,” he said.