Here are the top five hotel construction projects that commenced in the UK in Q2 2022, according to GlobalData’s construction projects database.
1. Pownall Street Mixed-Use Community – $200m
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The project involves the construction of a mixed-use community comprising two buildings of nine and 16-stories in Liverpool.
Construction work started in Q2 2022 and is expected to be completed in Q4 2026.
The project will be located at the site bound by Park Lane, Pownall Street, Liver Street and Beckwick Street.
2. Abbey Street Hampton by Hilton Hotel – $55m
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By GlobalDataThe project involves the construction of a Hampton by Hilton hotel in Nuneaton, Warwickshire.
Construction work commenced in Q2 2022 and is expected to finish in Q4 2025.
The project aims to help make Coventry and Warwickshire a safe and highly attractive place to live, study, work, invest, and encourage visitors to Nuneaton to boost the local economy.
3. 107-125 Duke Street Hotel Complex – $40m
The project involves the construction of an eight-story hotel building at 107-125 Duke Street, on the site of the former NCP multistorey car park, in Liverpool, UK.
Construction work started in Q2 2022 and is forecast to complete in Q4 2022.
Initially in March 2019, Legacie Developments announced plans to convert the site into a luxury four-star hotel, however in January 2020, Legacie Developments sold the site to Molo Hotels (previously known as Liverpool Suffolk Street Hotel).
4. Palace Hotel Redevelopment – $30m
The project involves the construction of a 5-star hotel comprising 248 rooms on former Palace Hotel site at Babbacombe in Torquay, Devon.
Construction work commenced in Q2 2022 and is expected to be completed in Q4 2023.
The project aims to provide better hospitality facilities in the region.
5. Indigo Hotel Development – $25m
The project involves the construction of a five-story hotel with 100 rooms in Friargate, Coventry.
Construction work started in Q2 2022 and is expected to be completed in Q4 2023.
The project aims to provide better leisure facilities in the region. The facilities creates 42 full-time and 21 part-time jobs.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
