Stockton city council considers investing in Hampton by Hilton

Hampton

In the northeast of England, the town of Stockton may get its first Hilton Hotel. The city council will meet next week to debate investing £17 million to build 125-room property, which the council would then own.

A report to cabinet cites "positive economic growth" in the Stockton area, and emphasizes the need for a limited-service branded hotel. “We are already seeing a growing demand for corporate overnight stays with midweek occupancy at 95 percent in hotels across the Tees Valley and there is a shortage of internationally branded hotels," said the council’s cabinet member for regeneration and transport, councillor Nigel Cooke. “Similar business models are in place elsewhere in the country and are proving to be very successful.”

The last large hotel in the town closed in 2009 during the worst of the economic downturn.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


If the proposed hotel goes through, Interstate United Kingdom Management will be the preferred management company for the council. Detailed design work would begin this coming autumn, and the hotel would be expected to open in late summer 2018.

Source: Gazette Live

Suggested Articles

The company's main markets are still substantially affected by the measures rolled out to combat the COVID-19 health crisis.

Revenue per available room and occupancy increased over Q2, but uncertainty around the industry’s recovery remains.

The integration aims to provide hoteliers with seamless and complete visibility over group, catering and event sales performance activity.