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Golden Tulip UK

Golden Tulip UK has reached agreement to open three new Golden Tulip and Tulip Inn-branded hotels at sites in Doncaster, York and Gatwick.

Golden Tulip is planning to open a £9m hotel at St Mary's Gate in Sheffield in 2008, as part of a mixed-use scheme by Tiger Developments.

Golden Tulip UK is planning to open 20 hotels over the next three years, including freehold, leasehold and franchise properties.

Golden Tulip is planning to build a 106-room three-star hotel at North Harbour in Portsmouth, with work starting in spring 2004.

Golden Tulip UK has unveiled plans to build a £5.2m 116-bedroom budget hotel in Gateshead by summer 2004.

Golden Tulip UK has raised £33m from Graphite Capital and a consortium of investors to fund the development of 17 budget hotels in the UK and Ireland over the next three years.