Released on = December 13, 2006, 2:26 am

Press Release Author = Golden Tulip Hotels, Inns & Resorts

Industry = Consumer Services

Press Release Summary = Golden Tulip is proud to announce the signing of a franchise
agreement for the Golden Tulip Amsterdam-Vinkeveen, effective as per 01 December
2006.

Press Release Body = The Golden Tulip Amsterdam-Vinkeveen was built in 1977 and
underwent renovations in 1998. The hotel was recently acquired by Real Estate
owners M. Caransa B.V., whereas the management resides with Hotel operator European
Hotel Management.

Future plans for the hotel is to create a 130 all-suite hotel, with a state of the
art Conference and Meeting Centre, as well as a superb restaurant, bar & lounge
facilities. Next to hotel a brand new leisure centre will be built.

This superior 1st class All Suite Hotel is situated in the village of Vinkeveen
between Amsterdam and Utrecht, close to the A-2 motorway and only 20 minutes from
the Airport. The Golden Tulip Amsterdam-Vinkeveen currently offers 65 fully equipped
exclusive junior suites with separate sleeping and sitting area with the majority
overlooking the lakes of Vinkeveen. Further facilities include:

· An a la carte Restaurant 'Le Canard Sauvage' overlooking the lakes of Vinkeveen
· Fully equipped conference area catering up to 200 delegates
· Sauna and solarium
· Parking facilities

Hans Kennedie, President & C.E.O. of Golden Tulip Hospitality Group comments:
"following our portfolio expansion in the Amsterdam area in the past months, we are
delighted to welcome this hotel located in the vicinity of Amsterdam. The Golden
Tulip Amsterdam-Vinkeveen will ideally complement our existing portfolio offering
our guests yet another destination in the Netherlands."

Bas Tolmeijer, Managing Director of European Hotel Management "After the successful
signing of the franchise agreement for the Golden Tulip Amsterdam Apollo it seemed
logical to choose Golden Tulip as franchisor of the Golden Tulip Amsterdam
Vinkeveen. We are confident that the cooperation between our companies will continue
to lead to high results and added value for both our hotels."

The remodeling and renovations will be executed over the next couple of years and
will be completed in 2010.


Web Site = http://www.goldentulip.com

Contact Details = Golden Tulip Hospitality Group
Ms. Rocio Manzanares - Corporate Communication Manager
Tel: +31 33 2544 828
Fax: +31 33 2544 816
E-Mail: rocio.manzanares@goldentuliptop.com
Web: www.goldentulip.com