Tivoli A/S and Arp-Hansen Hotel Group A/S have today entered into a strategic
cooperation regarding the development of a new Tivoli themed hotel with app.
400 rooms. The hotel will open at the same time as Copenhagen's new congress
centre, Tivoli Congress Center, Downtown Copenhagen, at Kalvebod Brygge. Both
the hotel and congress centre will be built, owned and operated by Arp-Hansen
Hotel Group. 

This collaboration is a realisation of yet another element of Tivoli's strategy
to handle a greater part of the value chain by providing its guests a total
experience and create an exciting thematic hotel close to the amusement park.
The collaboration is expected to provide Tivoli a royalty payment of DKK 2 - 4
million annually. In addition, Tivoli is expected to have increased revenue
from admission and booking fees. The agreement is exclusive within the
mid-market hotel segment and runs for 20 years after the opening of the hotel. 

The hotel profile is aimed at both business guests and the family segment and
simultaneously provides an excellent launching pad for Arp-Hansen Group's plan
to provide a major new congress centre for Copenhagen. 

“For many years Tivoli has wanted to develop its position within the  tourism
value chain. A family-class Tivoli hotel is a good extension of our strategy of
moving Tivoli from being a sea-sonal to a year a round business with several
different revenue streams. This spring Tivoli will, in cooperation with
Løgismose, be opening the first hotel with 13 luxury suites at Nimb. This will
take us part of the way - primarily at the exclusive end of the scale. With the
agreement with Arp-Hansen, we are taking a giant leap in relation to the family
and business segment with a hotel partner known for high quality and good
service,” says Tivoli CEO Lars Liebst. 

Med venlig hilsen
T I V O L I

Lars Liebst
Adm. direktør

Contact: Executive Assistant  Michael Steffensen (+45 3375 0355)