Hotel

Industry experts back hotel development plans



Bournemouth Council’s plans to invest in a dual branded hotel with one of the biggest operators in the sector have moved a step closer after industry experts announced their support.


The proposals are due to go before Bournemouth cabinet later this month.

The plans will see the council invest in the development of the new hotel located on the former Winterborne Hotel site adjacent to the Bournemouth International Centre (BIC).

The hotel will be run by an experienced operator with the council receiving a net income which will cover the estimated cost per year needed to repay the loan.

The council’s corporate services overview and scrutiny panel voted to support the recommendation to cabinet pending clarification on two elements of the business case, with seven votes to one, with one abstaining.

“Bournemouth is going from strength to strength and it’s fantastic that this development is attracting some of the world’s most prestigious global names in the hotel industry, who are clearly interested in investing in the town,” said councillor Philip Broadhead, cabinet member responsible for economic growth.

“This proposal is founded on a solid business case that has been subject to due diligence and validated by leading experts in the commercial property and hotel market.”

Kevin Marsh, director at Savills, added: “This would be one of the largest hotel developments on the south coast in recent years, and play an important role in supporting the local authority’s ambitions to build on the success of the Bournemouth International Centre.

“A hotel of the quality proposed would certainly help to boost corporate trade and attract high spending guests to the town.”



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