Golden Tulip eyes 20 hotels in Thailand

Thailand property is a main destination in the region for both business and leisure travelers, according to Mark van Ogtrop, Golden Tulip Southeast Asia's chief executive.
The invasion to Thailand is part of the company's schedule to expend about 25 billion baht in Southeast Asia in the next four years That time, it estimates to develop 20 hotels in Thailand property. 60% of them will be the3-star Tulip Inn, 35% the 4-star Golden Tulip and 5% the 5-star Royal Tulip.
There are four approved projects in the beginning, among them are two Tulip Inn hotels in Bangkok at Sukhumvit Soi 4 and another one in Chao Phraya Riverside, one Golden Tulip Resort in Samui and a Tulip Inn Patong in Phuket.