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Property Logic Signs Golden Tulip Hospitality Group to Operate the 234 unit
Tulip Residenced within the Le Jardin de Fleur Resort Development
in Saidia, Morocco
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Lausanne (CH), 15 October 2008 � Golden Tulip Hospitality Group signs management contract with Property Logic for upcoming Tulip Residence in Saïdia (Morocco).

Golden Tulip Hospitality Group is proud to announce the signing of the management contract for its second Tulip Residence worldwide. The construction of the resort in Saidia, Morocco is well underway and is expected to be accomplished in October 2009. 

Tulip Residences Saïdia is comprised of 234 spacious residences ranging from 2 to 4 bedrooms options to accommodate up to 1000 guests. As the rooms are intended for extended stays, they are fully serviced and equipped with home-like comfort. In addition, the resort will feature a Moroccan-style Clubhouse, 3 outdoor lagoon pools set amongst landscaped gardens, a themed restaurant and a café-bar, tennis courts and an amphitheatre for family entertainment.

The resort will be located in the new leisure destination of Mediterrania-Saïdia on the northeast Mediterranean coast of Morocco, 30 minutes drive from Oujda International Airport. The 7,000,000 m2 area boasts 6 kilometres of unspoilt beaches, three 18 hole golf courses, a marina with over 1300 berths, 9 hotels, 3000 residential and touristic properties, conference facilities and a large range of sports, shopping, dining and entertainment options. 

Hans Kennedie, President and CEO of Golden Tulip Hospitality Group comments: �Tulip Residences are an ideal alternative to hotel rooms as they offer the leisure traveller fully-serviced, tastefully furnished properties that combine luxury and elegance with all the home-like comforts and services you could wish for. Saïdia is a fantastic location with immense potential so we are proud to choose this location to launch our first Tulip Residences concept outside Europe.�

David Woodward, Director of Hotel & Commercial Operations at Property Logic and Developer of Le Jardin de Fleur Resorts in Saïdia adds: �We believe that Golden Tulip has a wealth of expertise in terms of service delivery, operations and reservations capacity. Their intuitive Tulip Residences brand is a perfect fit for Saïdia as it offers flexibility, exclusivity and luxury � the three cornerstones of the Le Jardin de Fleur brand.�
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About Golden Tulip Hospitality Group

Golden Tulip Hospitality Group (www.goldentulip.com), with its head office Lausanne, Switzerland, is a worldwide hospitality company with more than 780 hotels, 75.000 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. 

As a multi-brand hospitality firm, the Golden Tulip Hospitality Group offers services in categories with different standards. Tulip Inn provides limited-service first-class category rooms in functional hotels, Golden Tulip and Tulip Residences are the brands for the Superior First-Class service with international standards of comfort and a local flavour, finally, the recently introduced five-star concept Royal Tulip stands for luxury and elegance. In addition Golden Tulip offers its services through its commercial alliance with TOP International, a German based hotel consortium. 

In the summer of 2008, Golden Tulip introduced the new F&B concept George & Co.. George & Co. will serve sweet and savoury classics featuring international fusion and healthy choices. Based on providing all-day eating options the restaurant offers a wide range of pre-prepared dishes from breakfast and light lunches to dinner and snacks. All products offered in George & Co. restaurants will be fully branded.  George & Co. F&B concept will be implemented in Tulip Inns and Golden Tulip hotels.

About Tulip Residences

Following the continuous growth in demand in Europe for extended stay hotels, Golden Tulip Hospitality Group announced the launch of its new extended-stay brand concept in June 2008; �Tulip Residences� offers guests an experience of home-like comforts included in a functional hotel. The interior offerings of Tulip Residences are based on four-star functionality and coziness balanced with elements of luxury and elegance. Tastefully furnished studios and one-bedroom suites are equipped with high-definition televisions, free Wi-Fi connection, en suite bathrooms and a fully equipped kitchen facility.

About Property Logic:

Property Logic is a leading global real estate developer specialized in creating high luxury resort communities in emerging destinations. Headquartered in Spain, the company is currently responsible for the design and construction of prestigious large-scale resort communities aimed at the exclusive luxury market.

Through its flagship brand �Le Jardin de Fleur�, Property Logic has become the prominent leader in the tourist development of Mediterrania Saïdia, a 7 million square meter coastal development on the northeast coast of Morocco. Le Jardin de Fleur comprises of 11 resorts featuring villas, townhomes, residences and clubhouses.

In 2006 the company acquired the exotic Brazilian island �Ilha de Cajaíba�, approximately 11 million square metres, located in a beautiful bay in the state of Bahia. The development of this island will commence in 2009 and will provide a new generation eco-resort with luxury accommodation, signature golf courses and an emphasis on boating activities. For more information on Property Logic, visit www.property-logic.com 

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Contact:

Ms. Sione Götte
Director of Public Relations
Avenue de Gratta-Paille 2
1000 Lausanne - Switzerland
Tel: +41 21 510 1581
Fax: +41 21 510 1599
E-Mail: [email protected]
Web: www.goldentulip.com 
 

Property Logic
Neda Daghir
Marketing Manager
Tel.: +34 952 799 579
Email : [email protected] 
 

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Also See: Moroccan/Kuwaiti Development Company CMKD and Golden Tulip Enter into Management Agreement for the Five Farah Hotels in the Kingdom of Morocco / February 2006
US Born Christian Rivadalla Opening the First of Eight Planned Luxury Resorts Across Morocco - The Octogone Earth Hotel / October 2006
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