9 July, 2008 – Five new hotels planned for Manchester
Major property developer West Properties has vowed to invest £250 million in the Manchester hotel landscape by constructing a total of 5 hotels throughout the city region and include the Origin Scheme on Princess Street.
The privately owned company, which has been behind major residential developments such as Skyline on Rochdale Road, has launched a new hotel division with a goal of opening 11 hotels.
While other developers are re-grouping and cutting costs, West remains confident and has appointed former Inter Continental Hotels executive Colin Roy to head the new operation.
The first opening will be within the Origin scheme on Princess Street, and discussions with an operator are in their final stages.
It is understood that a five-star hotelier, already established in New York, but new to the UK, will be announced later this month.
Mr Roy said: "We want to explore the new brands that are not yet in the UK, and we have to make sure they work for particular sites. With Origin we want to provide something that is edgier and sexier."
Permission for Planning
West already has planning permission for two hotels as part of its Owen Street development, called Vivo, and wants to include two more in the redevelopment of the Renaissance site at the end of Deansgate.
Mr Roy said: "At Owen Street we want to offer a long-stay hotel, where customers check in for a week or two weeks, alongside a four-star operation, and at Deansgate a similar split but with a five-star brand next to a long-stay."
Despite the current gloomy economic forecasts, he said West, which is based in London and has a Manchester office, is confident about the long-term economic success of Manchester and predicts an increased demand for quality hotel accommodation.
Mr Roy, who joins the board at West, said: "Manchester is clearly way ahead in the economic stakes and continues to deliver for the future.
"And we want to provide the types of hotels that will work for the city as it continues to grow. With its two residential buildings, Lumiere and Skyline, West has established a reputation for top quality living in Manchester, but recognized that delivering a successful hotel is not the same as a successful apartment scheme.
"They made that decision to form a separate company and bring in the best so that they can deliver the same quality in their hotels. Each hotel will be different, targeting a different market, but the defining feature will be of quality.
"You have to admire that commitment."
Source: Manchester Evening News