Two global hotel chains are looking for at least three new sites
for hotels in and around Birmingham, it has emerged at MIPIM, the
global property conference being staged in Cannes this week.
Hilton Hotels are understood to be in discussions over a new 150
bed hotel on the former HP Sauce site in Aston and another major
operator is said to be keen on a site near Birmingham International
Airport and the new High Speed rail station planned for that
area.
The same hotel group is also keen on a further city centre site
to build on the success of its current hotel in Birmingham.
City officials are keen to steer hotel executives in the
direction of the Southern Gateway, the 150 acre area round the
wholesale markets site.
They believe that a prestigious brand could act as the
cornerstone of future regeneration of the area and would be a
magnet for other investors keen to develop in a strategically vital
part of the city.
This interest from some of the world's top hotel brands means
that Birmingham is bucking the trend at the start of what City
Council leader Coun Mike Whitby has dubbed the "Decade of
Delivery".
A survey by global law firm DLA Piper released last week showed
that only two per cent of hotel industry leaders in the UK were
predicting sustained upturn in 2010 and many did not expect any
real recovery in room rates until after 2012.
But the DLA Piper 2010 European Hospitality Outlook Report does
reveal an unexpected upturn in new build activity, with 45 per cent
of respondents predicting an upturn in new developments.
Coun Whitby said: "We are starting to win more major events in
Birmingham, such as party conferences and with our strengths as a
leading European convention city through the ICC and the NEC,
clearly we are becoming more attractive to hoteliers.
"New developments such as High Speed Rail and the inward
investment expected to be attracted to the city from events like
MIPIM will be key factors in persuading global hotel chains that
Birmingham is the place to invest."