The 133-bed hotel for Ark Properties Investment will be completed in March 2012, ready for the London 2012 Olympic and Paralympic Games that will see hundreds of thousands of people descend on the capital.
Willmott Dixon’s hotel sector manager Tim Wheeldon said: “Hotel brands like Holiday Inn are investing heavily in their estate to ensure they have the coverage and the quality guests want, especially when you factor in the forthcoming demand created by the Royal Wedding and the London 2012 Olympic and Paralympic Games.”
Mr Wheeldon is aiming for Willmott Dixon’s construction, fit-out and refurbishment work in the hotel sector to deliver a turnover of £75m in two years. The strategy is to help hotel groups and developers with seedcorn funding and getting projects through planning.
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Willmott Dixon has recently built a Holiday Inn hotel in Thames Ditton and the Holiday Inn Express at Epsom Racecourse, as well as new Travelodges in Chichester and Cardiff, which opened in December and February respectively.
Due to the increased growth in the hotel sector work, Willmott Dixon has also set up a dedicated hotel team at its Coleshill office in Birmingham, where it is working with a number of investors and operators to provide the impetus needed to get projects started.
The Midlands hotel team is headed up by Nick Gibb, pre-construction director for Willmott Dixon in the region. Mr Gibb said: “We are looking to help partners unlock their hotel opportunities by bringing other parties to the table that provide land and investment. We are no longer prepared to wait for these things to happen when we can make them happen ourselves.”
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