Property developers the Tulip Group Thailand have recently announced an agreement with Golden Tulip Hotels and Resorts for their 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.
The project will offer purchasers the valued benefit of being managed by the world’s 8th largest hotel group Golden Tulip Hotels and Resorts.
Golden Tulip Hotels & Resorts are the second largest hotel group in Europe and in total own and manage 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 the 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 said
Earlier last month it was reported that Tulip Group had purchased the city center land 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; our goal now is to construct a true resort in the city. Our team has worked extremely hard to design this mixed use development, and 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,” said Kobi Elbaz, CEO Tulip Group.
The development will include a 200 room 4 star hotel and 6 condominium buildings on a total land area of just under 16,500sqm.
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.”
Tulip will group will officially launch the project in October, however early bird investors, and Tulip Group clients have already reserved and booked 20% of the units.
NB: For more news from the Tulip Group, turn to page 4.
Golden Tulip Hotel & Residence Pattaya – a ground breaking new project from the Tulip Group.