Negotiations in the final stages
Starwood Capital wants to take over Golden Tulip
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Progress in Concorde and JJW negotiations
Paris/London. Starwood Capital is thinking seriously about selling the majority of its luxury hotels, among them the 33 Concorde hotels and resorts. JJW Hotels owned by the Arabian Sheikh and business man Al Jaber displays interest.
Betting race for Golden Tulip
Utrecht. By July 1, 2009, the Dutch law firm dealing with the insolvency proceedings of Golden Tulip will come to a decision. It seems that four parties have applied for continuation of company operations.