77 rooms in Manchester3 Dec 2015 07:55
Will be worth a few quid, done by the summer at the latest so 2016 numbers. Manchester also for approval and next year, then really need one more. The middle east hotels start coming on line 2016 to 2017 numbers so next year should be good.
Guy needs to guarantee success two or three more in next year.
Jolly, biggest investment going forward???? HS2 and cross rail.
A hotel in the right place in Leeds will get paid for looking after contractors for the next 15 years, plus Crewe plus Birmingham .
Would suggest another near old street and barbican if possible due to potential cross rail access.
The margins are high, Glasgow seems low prices but if travel lodge is building more in the city at their prices then can work .
Guy needs to get businesses to understand easy hotel, not see it as too cheap. It's affordable, basic, practical and safe, my business people would use them. Old barbican is a very nice hotel.
This above is worth the sp and more, Liverpool is being done for three million, another six like this and they can expand through their own cash.