Partner Article
Liverpool office acquired by easyHotel
A liverpool office and restaurant has been acquired by easyHotel.
The property, 47 Castle Street in central Liverpool is three minutes’ walk from Liverpool One shopping centre and will be converted into an easyHotel.
The development is subject to obtaining planning consent, and will convert the building into a 68-bedroom easyHotel to open in Spring 2016.
In total both the purchase of the building and development will cost £3m.
Chief executive officer, Simon Champion, said: “This acquisition in the centre of Liverpool is fully in line with our strategy to expand our owned hotel portfolio into targeted major UK cities.
“It provides us with the opportunity to create a centrally located hotel for leisure and business customers looking for good quality accommodation at an affordable price.
Liverpool has substantial inbound tourism, with over half a million visitors per annum, aided by recent inward investment and one of the UK’s busiest airports.
“This combined with domestic demand means it is an attractive location for an easyHotel. “
This was posted in Bdaily's Members' News section by Sophia Taha .
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model