KEW GREEN - INSIGHTS

Kew Green announces new hotel management contract, Holiday Inn Manchester - City Centre

The virtually brand-new property, which opened in April 2016, is situated in a prime location next to the Manchester Piccadilly train station. Designed by award-winning London architecture and interior design firm Dexter Moran, the Holiday Inn Manchester – City Centre One is a first-class property that is one of TripAdvisor’s top-ranked hotels in Manchester. The asset has been acquired by Starwood Capital Group and will be managed by Kew Green Hotels under a franchise agreement. It will continue to be branded as a Holiday Inn, one of the world’s most recognizable hotel brands.

“We are delighted to partner with Starwood Capital Group to procure this excellent hotel in the centre of Manchester,” said Jamie Lamb, Executive Chairman of Kew Green Hotels. “This acquisition fits with Kew Green’s strategy of acquiring and managing large, quality assets in A+ locations. This is a very exciting addition for our group, as it strengthens our footprint in the north.”

“We are thrilled to acquire a property that we believe is one of the finest Holiday Inns in Europe, with an impeccable reputation in its market. The Holiday Inn Manchester – City Centre has already generated strong cash flow during its first year, and as one of the premier U.K. hotel operators, and the largest Holiday Inn franchisee in Europe, Kew Green Hotels will bring what we believe is world-class operational expertise to this asset” said Jon Asumendi, Vice President at Starwood Capital Group

The hotel’s eight floors include 277 standard rooms averaging 24 square meters, as well as 21 suites ranging from 38 to 48 square meters. All guests have access to the hotel’s restaurant, open lobby and gym, and the property features 12 state-of-the-art meeting rooms with space to host up to 160 delegates.