Four ho­tels to land at Air­port City

Glossop Advertiser - - News - Lucy Roue

MANCH­ESTER Air­port will have FOUR new ho­tels on-site by 2021 –cre­at­ing 1,200 beds and 500 jobs.

The new £180m ho­tel dis­trict, which is part of Air­port City, will in­clude two Hil­ton ho­tels, a Hol­i­day Inn and Ibis Bud­get.

Cash from over­seas is be­hind at least one of the projects af­ter a Lon­don and Moscow-based real es­tate con­sul­tancy bro­kered a £4m in­vest­ment into the Hil­ton Ho­tels on be­half of a Rus­sian busi­ness­man.

Founded in 2012 by Alisa Zo­ti­mova, AZ Real Es­tate prop­erty con­sul­tancy spe­cialises in ad­vis­ing pri­mar­ily Rus­sianspeak­ing clients seek­ing to in­vest in Lon­don and UK prop­erty.

The CEO said: “With an in­creas­ingly tran­sient gen­er­a­tion and glob­alised busi­ness en­vi­ron­ment, ho­tels are fast be­com­ing some of the most reliable as­sets for in­vestors with long-term po­ten­tial. They UN­RI­VALLED FOR CHOICE & SER­VICE rep­re­sent an ex­cel­lent op­por­tu­nity in ar­eas with guar­an­teed high foot­fall, and the com­bi­na­tion of Manch­ester’s rapid growth and £1bn air­port mas­ter­plan looks set to make this a highly suc­cess­ful trans­ac­tion.

“The in­vest­ment serves as fur­ther ev­i­dence of over­seas in­vestors in­creas­ingly look­ing be­yond the con­fines of the cap­i­tal’s res­i­den­tial as­set class when it comes to port­fo­lio ex­pan­sion.

“The re­gions, par­tic­u­larly the likes of Manch­ester, Birm­ing­ham and Leeds are fast-be­com­ing some of the UK’s most at­trac­tive and sus­tain­able in­vest­ment des­ti­na­tions as vast re­gen­er­a­tion projects take shape.”

Ear­lier this year our sis­ter pa­per, the M.E.N., re­ported that plan­ning had been put in for two bud­get ho­tels on a site at the east of Ter­mi­nal 2.

This was granted on July 30 by Manch­ester coun­cil for two seven-storey ho­tels on land at the junc­tion of Palma Av­enue and World Way, which is cur- FREE DE­LIV­ERY & AS­SEM­BLY rently a closed-down petrol sta­tion. A fur­ther two ho­tels have re­ceived plan­ning per­mis­sion and will be built be­hind the air­port trans­port in­ter­change next to the M56.

The 375-bed Hil­ton Gar­den Inn will be split across two wings and have a sky bar, gar­den lounge and fit­ness cen­tre.

While the other is a 254bed Hamp­ton by Hil­ton Ho­tel with di­rect links to the air­port ter­mi­nal and train sta­tion via a cov­ered walk­way.

The ho­tels are ex­pected to wel­come guests from 2020, form­ing part of a £100m de­vel­op­ment, Prov­i­dence Mill Alexan­dra St I off Croft St Hyde I Cheshire SKI4 IDX which will fur­ther en­hance the ac­com­mo­da­tion on of­fer at the air­port.

It is un­der­stood that the £4m back­ing is part of a wider pool of over­seas in­vest­ment into the scheme, with the fund man­age­ment process be­ing over­seen by Re­gency Pro­ject Man­age­ment.

The scheme is be­ing de­vel­oped by Ver­sant De­vel­op­ments and will form part of the wider ho­tel dis­trict at Manch­ester Air­port.

Adam White, di­rec­tor of com­mer­cial and busi­ness De­vel­op­ment, of MAG Prop­erty and Air­port City ●● JV Part­ner, said: “Air­port City Manch­ester con­tin­ues to at­tract sig­nif­i­cant in­ter­est and the ap­proved plans for a new £180m ho­tel dis­trict will de­liver in the re­gion of 1,200 new beds by 2021, with the cre­ation of around 500 jobs dur­ing that time.

“De­mand for ad­di­tional ho­tel beds is un­der­pinned by the in­crease in pas­sen­gers, air­lines and new routes at Manch­ester Air- OAK DIN­ING port, so we are very pleased to wel­come two Hil­ton ho­tel brands to Air­port City, mark­ing an­other ma­jor step-on in progress for this ex­cit­ing new com­mer­cial busi­ness hub.”

Speak­ing of the in­vest­ment Danilo Lac­manovic, Re­gency Pro­ject Man­age­ment, added: “Manch­ester’s re­vival has been a real success story for the UK and in­vestors are keep­ing tabs on the Open­ing Times: Mon to Sat 9:00am- 5:00pm Sun 10:00am- 4:00pm op­por­tu­ni­ties avail­able across com­mer­cial as­sets in par­tic­u­lar. The rapid growth of the tourism sec­tor cou­pled with Manch­ester’s sta­tus as a lead­ing busi­ness des­ti­na­tion makes the Hil­ton Ho­tel one of the most at­trac­tive com­mer­cial in­vest­ments in the re­gion and we look for­ward to its open­ing.”

The Hil­ton Group has been con­tacted for com­ment. PRICE MATCH GUAR­AN­TEE SPE­CIAL­ISTS IN SOLID OAK

Com­puter-gen­er­ated im­ages of pro­posed new ho­tels at the air­port

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