Economy National Topic

Golden Tulip now Lancaster Hotel after government sold 60% shares

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Joy News writer Ernest Arhinful has unearthed a maneuver by the Ghanaian government that appears to grant a Lebanese corporation exclusive control of the much-loved Golden Tulip Hotels both in Accra and Kumasi.

According to documents in the possession of Joy Business, the Golden Tulip Hotels in Accra and Kumasi owned by a joint venture between the Government of Ghana and the Government of Libya (GLAHCO) have completely sold their franchise to a Lebanese company. The Government of Ghana and the Government of Libya before the sale of the hotel owned 60% and 40% respectively of the hotels.

They will now be known as Lancaster Accra City Hotel and the Lancaster Kumasi City Hotel.

A letter from the General Manager with the heads of departments in copy read “Achour Holding Limited operating as Lancaster Hotels will be the new lessee and would take effect from 1st July, 2022, with same conditions as previously communicated”.

“We urge you to support the new company to ensure a successful takeoff”, the statement added.

Another letter from Lucy Ahedor, Rooms Division Manager of Golden Tulip Hotel said “we wish to inform you that from 1stof July, 2022, the name of the hotel will now change to Lancaster Hotel. We would also like to inform you to rest assured as this change will not affect normal operations of the hotel”.

They have assured the public that the name change would not interfere with the hotels’ normal operations.

The Golden Tulip Hospitality Group is a brand that franchises and manages hotels in Europe, the Middle East and Africa, the Asian Pacific Region and the Americas.

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DAVID KOSI AMAVIE popularly known as Lamar is known for his diverse content creativity and also a professional poet writer,philanthropist,digital journalist & also has keen interest in trending and comprehensive news around the globe.

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