Tag: louvre group

Starwood Capital Completes Golden Tulip Purchase

| August 17, 2009 | 0 Comments

Pretty much on schedule, Starwood Capital did complete the purchase of Golden Tulip on July 31st.

From their press release:

Starwood Capital, through an affiliate, announces today that it has completed the acquisition of Golden Tulip Hospitality BV’s Franchise business, its Development & Representation businesses, Joint Venture interests, and the brands, trademarks and intellectual property of Golden Tulip, Tulip Inn and its related brands.

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Starwood Capital Not Purchasing All Golden Tulip Company Owned Hotels

| July 7, 2009 | 0 Comments

Starwood Capital is only purchasing 240-260 company owned hotels with the purchase of the Golden Tulip brand. The remaining company owned hotels not in the purchase will probably be franchised, yet still stay under the Golden Tulip Brand.

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Starwood Capital Signs Binding Agreement For Golden Tulip Purchase

| July 4, 2009 | 0 Comments

On July 3rd Starwood Capital signed a binding agreement for the purchase of Golden Tulip Hospitality, merging the company with their Louvre Hotel Group.

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Starwood Capital Purchases Golden Tulip Hotels

| June 14, 2009 | 2 Comments

I think we’ll be seeing more of this in the near future – but on Friday Starwood Capital announced their intentions to purchase Golden Tulip Hotels. This seems like it’s going to be a complete purchase of the company – management contracts, company owned hotels, and any future deals that Golden Tulip may be involved [...]

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