Holiday Inn owners in Londonderry make plans for expansion
A 119-room Holiday Inn has opened in Londonderry, marking an investment of almost £10m, with plans to expand this further next year.
The hotel, located on the Strand Road, is the latest addition to the Duddy Group property portfolio and has created 44 permanent full-time jobs.
Brendan Duddy said the hotel is perfectly positioned to capitalise on Derry's ever increasing tourism trade.
"After a few planning delays, we are now open and already bookings are flowing," he said.
"We have 119 high-specification rooms ready for business, but we intend to expand this to 158 by this time next year.
"We have already invested around £10m in the hotel and have created over 40 jobs, but we intend to grow this investment to £13m and create an additional 40-plus jobs when the second phase is completed.
"There is a demand for city centre holiday accommodation - we knew that from the feedback we received from tour operators and tourists at our City Hotel, so we are out to meet that demand.
Please log in or register with belfasttelegraph.co.uk for free access to this article.
"People don't want to stay out of town and have to get a bus or a taxi to and from their accommodation, they want to step out the front door of their hotel and be right at the heart of all that Derry has to offer.
"Staying at the Holiday Inn Express will allow visitors to Derry to do just that."
The hotel is part of the InterContinental Hotels Group, which is one of the world's leading hotel companies.
According to the latest ASM hotel survey, hotels in the province have enjoyed unprecedented demand for rooms during 2018, with venues in rural areas enjoying a greater increase in room sales.
However, demand for hotel rooms in Belfast has yet to catch up with a 12% increase in room numbers following a boom in new hotel builds, the survey said. The city's new hotels include Hastings Hotels' Grand Central in Bedford Street.