Fillip for hospitality sector
The group's plans to open a Holiday Inn Express in Derry follow other glad tidings for the Maiden City's hospitality sector.
Tourism Minister Arlene Foster has visited the well-known Da Vinci's Hotel in Culmore in the city after it was upgraded to a four-star hotel.
Ms Foster said: "2013 has provided a real opportunity for investment and growth in the accommodation sector during the UK City of Culture – and I congratulate the management team at Da Vinci's and their staff on achieving four-star status.
"This is undoubtedly a fantastic year for Londonderry. It's a chance to showcase the wonderful people, talent, arts and cultural scene of the city, and a great platform to use the dramatic historic landscape as its canvas.
"Clearly, Londonderry's reign as UK City of Culture has resulted in many more people visiting the city and it's pleasing to note that the team at Da Vinci's have embraced the opportunities this has created.
"My department, through the Northern Ireland Tourist Board, will continue to support the delivery of a quality visitor experience regarding accommodation, visitor information and customer service."