Archive for the Hampton by Hilton Category

Hampton by Hilton Stansted Airport sells for £43.8 million

Urban&Civic has announced that it has sold the recently completed Hampton by Hilton hotel at Stansted Airport to LGIM Real Assets (Legal & General) for a minimum consideration of £48.3m. An additional sum of up to £1.1m will be paid to Urban&Civic, depending upon operational performance over the next two years. The new hotel opened for trading in late July 2017 and is one of only two that are on-terminal at Stansted. Proceeds of the sale will be directed into the master development of further strategic projects. Shareholders can expect the early announcement of investment in new large-scale projects, which

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Hampton by Hilton to open first property in Manchester

Hilton has reached an agreement to open its first Hampton by Hilton hotel in Manchester. Hampton by Hilton Manchester Northern Quarter is expected to welcome its first guests in early 2020 under a franchise agreement with Create Developments. The 221 guest room hotel will be managed by Redefine BDL Hotels, and joins more than 40 Hampton by Hilton hotels trading or under development in the UK. The property will be located in the heart of the cosmopolitan Northern Quarter – on the corner of Rochdale Road and Sharp Street – the new build hotel sits close to bars, restaurants and

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