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Home Front Economy
Hilton Hotels leaving Bahrain
2005-12-20
Interesting, though I've no clue if this is significant.
The Hilton chain is pulling out of Bahrain after 30 years, it was revealed yesterday. As of next month, the Hilton in Manama will be managed by another international chain called Golden Tulip Hospitality. Golden Tulip, which has its head offices in Amersfoort, the Netherlands, and Lausanne, Switzerland, has already signed a management agreement with the Hilton's owners in Bahrain.Golden Tulip Hospitality is the owning company of Golden Tulip Hotels, Inns & Resorts, franchising some 251 hotels across 37 countries - with the majority of hotels located in urban destinations across Europe, the Middle East and Africa. Through its commercial alliance with TOP International Hotels, a German-based hotel consortium, the French B&B Group and Australian Tourism Hotels and Leisure (THL), the combined portfolio comprises more than 52,000 rooms in 534 hotels. A Hilton spokesman was not available for a comment yesterday.
"Um."
Posted by:Seafarious

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