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Starting from January 2010 Amrâth Hotel Max will be operating under new name - Tulip Inn Heerlen City Centre. The name-change is the culmination of large-scale reconstruction completed in December 2009.

General Manager of the hotels says: "There are two hotels of the group located in Heerlen now. One of them is operated under Golden Tulip Hospitality Group's brand and the second one belongs to Best Western Hotels. Thanks to that our guests will be offered with wider range of choice and updated group's marketing programme. We have already had a chance to see how effective Golden Tulip's marketing tools are and we hope the new name contributes much to the hotel's future success".

Let us mention, the Amrâth Group includes 15 hotels in the Netherlands. And it is already its second hotel passing under the Golden Tulip banner.

The former Mercure Noordwijk hotel will be branded as Golden Tulip Noordwijk Beach Hotel, effective from November 1st 2009.


Golden Tulip Hospitality Group is proud to announce the latest addition to its Dutch hotel portfolio: the Golden Tulip Noordwijk Beach.

Golden Tulip Hospitality Group and Golden Green hotels will strengthen their cooperation by signing a new franchise agreement. Golden Tulip Noordwijk Beach will be the fifth Golden Green, positioned on the market as Golden Tulip hotel. Other Golden Tulip hotels owned by Golden Green hotels are Golden Tulip Leiden Centre, Tulip Inn Leiden Centre, Golden Tulip Zoetermeer Center and Tulip Inn Zoetermeer Centre.

Golden Tulip Noordwijk Beach, a former Accor hotel, is centrally situated at the boulevard of Noordwijk, at 20 meter distance from the beach. The hotel has 82 rooms which will all be renovated by the beginning of 2010. Besides a restaurant and modern conference facilities, the hotel also features a beautiful indoor swimming pool with sauna, whirlpool and Jacuzzi.

Haike Blaauw, Senior Vice President Franchise Operations Golden Tulip, comments: “We are very pleased to welcome this new hotel to our group. This expansion symbolizes our successful relationship with Golden Green hotels. Golden Tulip Noordwijk Beach complements our existing portfolio, offering business and leisure guests yet another exciting destination in the Netherlands.”

Willem Gossens, Director of Operations Golden Green hotels, adds: "Golden Tulip Noordwijk Beach is the fifth hotel for which we have signed a franchise agreement with Golden Tulip. The success of Golden Tulip & Tulip Inn Zoetermeer Center and Golden Tulip & Tulip Inn Leiden Center has convinced us that branding this hotel as Golden Tulip hotel, will add value to the market and will result in an increase of turnover. Due to synergies with Golden Tulip in distribution, reservations and sales & marketing, the benefits for our five Golden Tulip hotels will be massive. Noordwijk welcomes the new Golden Tulip Noordwijk Beach, and is excited with the many opportunities of this hotel!”
Golden Tulip Noordwijk Beach Hotel
Golden Green Hotels

Dear Readers,

As the effect and the continuation of the crisis still remains a big question, prospective and stable cash flow bringing projects have been gaining a lot of importance compared to greedy years of before crisis times. Most of the investors, now more clearly aware of the fact that instead of having a risky asset in their portfolio like a luxurry A+ office building, tend to diversify their portfolio with more reliable assets like budget, middle and upper class hotel investments.

As Russian market is currently suffering from not enough hospitality investments, most of the wise investors tend to acquire a slice of cake from this market. One of the big advantages of the hotel market is that, it is easier to obtain a credit for if there is an international brand and management company of high performance in the puzzle. As we can see from the report linked below, most of the cities of Russian Federation called as "millioniki" in Russian, suffer from non quality and non-branded hotels. There is big appetite for international brands and high quality of service.

As one looking at the Russian market in order to make investments, hotel investments - especially in 3-4* segment - in other big cities except Moscow and St. Petersburg seem quite logical.
As also seen in the market, most of the developers, operators, and investors are keen on creating the best efficient hotels for the russian market.

As IFK Hotel Management, we are also ready to review and discuss our portfolio of hotel projects with potential investors to help them facilitate their investment plan in the Russian market as we are, thanks to our expertise of our work force, able to offer the most efficient and cash flow generating hospitality projects in the Russian regions.

For more detailed info about the regions please refer to full article of HVS.

Dear Readers,

As the general cliche of crisis going on, one should notice the positive signs that reveal small indicators of the recovery when it comes to emerging markets like Russia. Although the signs we would like to see might be still away from the desired picture imagined, as we all aware small steps are being taken and all left after gaining the confidence level of market is to wait to see the pieces of chain are functioning properly once again. But as the new rules would be expected, it falls into every market player`s responsibility to make sure that everybody fulfills his role ethically and efficienlty as not to experience the undesired.
Having said that, please find the news below taken from emergingmarkets.me which tells us the lending of private sector banks with reasonable rates (of current times) that can revitalise loans in order to finance the real economy. Although every financial player is focusing on short term loans, it shows us that market confidence level is increasing, which would enable to real economy to find the external resources to improve itself larger.


Foreign credit is opening for Russian banks
A syndicated loan to MDM Bank was oversubscribed by more than $100m, demonstrating the increased interest among foreign investors in lending to Russian banks.
Our view: The first attempt by Russian private bank to attract foreign financing is exceeded expectations. Aiming to borrow $175mn at LIBOR+4% in the form of syndicated loan, MDM Bank received offers for USD 290m. The development shows that the external credit market is opening for Russia and for private banks particularly.
Until this event only state- controlled banks such as Sberbank, which raised $1.2bn at LIBOR+0.85% in October 2008, or VTB, which placed a CHF 750m Eurobond in July, were able to attract foreign funds. VTB is also receive to a 5-year $500m loan from Chinese state banks.
Having addressed its short-term liquidity problems, the Russian banking system still suffers from a lack of long-term funds, without which banks are generally unable to lend to businesses investing in capex, or to issue mortgages. This long-term funding issue is the next challenge Russian banking industry has to solve. We believe that external funds are the main source of long-term money.
Conclusion: We consider the news very positive for the Russian banking industry, as it proves that not only state but also private banks can borrow overseas. The opening of foreign debt markets should solve the long-term funding problem for Russian banks, which in turn should provide the economy with access to credit.

Opportunity to become a hotel investor of the following property:
Operating 3* Hotel
Location: South-West Russia, Prestigious Tourism Area
Gross area of the property: 3.400 sqm
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 65
Floors: 6
Parking: 25 lots
Investment requested: 9.1 mio EURO

Opportunity to become a hotel investor of the following property:
Projecting 3* Hotel
Location: Ural Region of Russia
Gross area of the property: 7.750 sqm
Area of the land plot: 550 sqm
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 160
Floors: 8
Parking: 20 lots
Investment requested: 21 mio EURO

Opportunity to become a hotel investor of the following property:
Operating 4* Hotel
Location: North-West Russia, Prestigious Business Area
Gross area of the property: 4.800 sqm
Area of the land plot: 700 sqm
Projected Brand: Golden Tulip
Management Company: IFK Hotel Management
Number of keys: 207
Floors: 5
Parking: 24 lots
Investment requested: 50 mio USD

Opportunity to become a hotel investor of the following property: Development of new projecting 3* Hotel (operational in 2010).
Projecting 3* Hotel
Location: North-West Russia, Prestigious Business Area
Gross area of the property: 8.700 sqm
Area of the land plot: 1.600 sqm
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 180
Floors: 12
Parking: Around Buliding
Investment requested: 10 mio USD

Opportunity to become a hotel investor of the following property: Development of new projecting 4* Hotel (operational in 2012).
Projecting 4* Hotel
Location: North-West Russia, Prestigious Business Area
Gross area of the property: 8.600 sqm
Area of the land plot: 2.220 sqm
Projected Brand: Golden Tulip
Management Company: IFK Hotel Management
Number of keys: 94
Floors: 5
Parking: 564
Investment requested: 17 mio USD

Opportunity to become a hotel investor of the following property: Development of new projecting 4* Hotel (operational in 2012).
Projecting 4* Hotel
Location: Central Russia, Industry region
Gross area of the property: 12.750 sqm
Projected Brand: Golden Tulip
Management Company: IFK Hotel Management
Number of keys: 184
Floors: 12
Parking: 115 lots
Investment requested: 21 mio Euro

Opportunity to become an owner for an operating 3* hotel in Central Russia

Operating 3* Hotel
Location: Central Russia
Gross area of the property: 3.570 sqm
Area of the land plot: 0.45 hectares
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 83
Floors: 10
Investment requested: 21 mio USD

Opportunity to become a co-investor for a very prestigious project in Central Russia

Projecting 5* Hotel and Luxury Residences
Location: Central Russia
Gross area of the property: 290.000 sqm
Area of the land plot: 1.74 hectares
Projected Brand: Royal Tulip & Tulip Residences
Management Company: IFK Hotel Management
Number of keys: 292
Floors: 60
Parking: 1700 lots
Investment requested: To be discussed upon

Opportunity to become a hotel investor of the following property: Redevelopment of uncompleted office center (ready for 80% ) to 3* hotel part 1 and Development of new projecting 3* hotel part 2.

Operating 3* Hotel
Location: Central Russia, Industry region
Gross area of the property: 2.000 sqm
Area of the land plot: 500 sqm
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 36
Floors: 2
Parking: n/a
Investment requested: 1.25 mio USD

Projecting 3* Hotel
Location: Central Russia, Industry region
Gross area of the property: 5.000 sqm
Area of the land plot: 1.500 sqm
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 110
Floors: 4
Parking: n/a
Investment requested: 7.0 mio USD

For more information please send your request to Development Department.

Related topics:

Investment Project of 3* Hotel

Date: 13 October 2009
Place: Moscow
Format: conference
More info

Related Topics:

Russia & CIS Hotel Investment Conference

Opportunity to become a hotel investor of the following property: Operating Hotel 3* and Development of new projecting 4* Hotel (operational in 2011).

Operating 3* Hotel
Location: North-West Russia, Prestigious Business Area
Gross area of the property: 2.645 sqm
Area of the land plot: 922 sqm
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 69
Floors: 6
Parking: Around the building
Investment requested: n/a

Projecting 4* Hotel
Location: North-West Russia, Prestigious Business Area
Gross area of the property: 7.344 sqm
Area of the land plot: 1.578 sqm
Projected Brand: Golden Tulip
Management Company: IFK Hotel Management
Number of keys: 156
Floors: 9
Parking: 30
Investment requested: 17 mio USD

For more information please send your request to Development Department.

Related topics:

Investment Project of 3* Hotel

Welcome to the Russia & CIS Hotel Investment Conference!

Date: 25-27 October 2009
Place: St Petersburg
Format: Conference


IFK Hotel Management company, which provides professional hotel management services and focuses on Golden Tulip brands development in Russia, being an official representative of hotel chain in the region, announced that company’s Executives will attend Russia & CIS Hotel Investment Conference held October 25 to October 27, 2009 in St Petersburg, Russia.
Russia & CIS Hotel Investment Conference 2009 (RHIC), hosted by Corinthia Hotel St Petersburg is advertised as an outstanding event for those wanting to learn more about conducting hospitality business in Russia & CIS region and to meet partners that can help to maximise business potential in the region.
This year’s programme, developed together with the RHIC Advisory Board, has more than 60 speakers and panellists focusing on the challenges faced today whilst exploring tomorrow’s growth opportunities. As well as an impressive line-up of speakers, RHIC 2009 will bring together Russia & the CIS’ largest gathering of hotel investors, operators, specialist and professionals under one roof.

“It is hard to overestimate the RHIC value for the hospitality industry in Russia, especially in today's challenging times. I look forward to dynamic discussions, meetings with the colleagues and new acquaintances”, - comments her attendance Tatiana Avdoshina, Business Development Director.

You are welcome to make a meeting appointment with IFK Hotel Management Executives during RHIC 2009. Please send your request to arrange meeting with Tatiana Avdoshina, Business Development Director or Philipp Brisbois, Operating Director to development@ifk-hm.com


Look forward to meet you at RHIC 2009.

Opportunity to become a hotel investor of the following property:

Completion of project: 10%
Opening: 1st Q of 2013
Location: North-West Russia, City center
Gross area of the property: 14.221 sqm
Area of the land plot: 3.030 sqm
Projected Brand: Tulip Inn
Management Company: IFK Hotel Management
Number of keys: 234
Floors: 6
Parking: 55 places
Investment requested: 27,5 mio EURO

For more information please send your request to Development Department.

A good ideas about Web 2.0 technologies and the benifits a company can gain by conducting 2.0 into it's marketing strategy posted at Harvard Business Review Blog. The author - Vineet Nayar, CEO of HCL Technologies Ltd., leading global IT Services Company - belives this is not only about financial benifits, but about new concept of collaboration with customers and partners.

Welcome!

Welcome to blog "Hotel Investments in Russia"!

With the hotel market in Russia in its infancy, we offer you to explore new business oportunities and meet potential partners. We are the team of IFK Hotel Management Company operating in Russia, CIS & Baltic States. Please learn more about our company.

Useful links:
IFK Hotel Management
Careers at IFK Hotel Management (in Russian)

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