Aycliffe Today Business #10 | Page 15

Bringing Aycliffe Business Park Together | 15 /NEWS HOLIDAY INN OPENS ON AYCLIFFE BUSINESS PARK By Martin Walker London-based property investment company Dominvs has opened a brand new Holiday Inn Open Lobby hotel near Aycliffe Business Park. London-based property investment company Dominvs Group purchased the hotel - along with two others - and has refurbished the former Aston with an impressive makeover costing in excess of £800,000. Dominvs Group has partnered with multinational InterContinental Hotel Group (IHG), which owns the Holiday Inn brand, to create an impressive new “open lobby” concept. The new hotel was officially opened by Sedgefield MP Phil Wilson and IHG’s CEO Angela Brav during a ceremony attended by special guests including Aycliffe Mayor Barbara Clare. IHG, with its European headquarters based in Denham, Buckinghamshire, is the largest hotel company in the world measured by rooms, with 687 ,000, and has more than 4,600 hotels across more than 100 countries, with an annual revenue of $1.9 billion (US dollars). Its brands include Candlewood Suites, Crowne Plaza, Even, Hotel Indigo, Hualuxe, InterContinental and Staybridge Suites as well as Holiday Inn and Holiday Inn Express. Of the 4,602 hotels, 3,934 operate under franchise agreements (like the Holiday Inn at Aycliffe), 658 are managed by the company but separately owned, and 10 are directly owned “Every hotel is extremely important to us, but this one is especially important, because we’re showcasing open lobby, a new design for Holiday Inn, Ms Brav told us. ” “It’s a social space where people can eat, dine, drink and get to know each other. That’s what this hotel is all about - connecting people, and enjoying the Holiday Inn experience. ” Phil Wilson added: “It’s great that a company like Holiday Inn has identified Newton Aycliffe as an area to do business, with a significant investment being made in improving its facilities. “It’s yet further evidence that Aycliffe Business Park and surrounding areas has a very bright future. ” The Dominvs Group boasts a £300m portfolio across the commercial, hospitality and residential sectors. Dominvs purchased the hotel, at Newton Park services just off the A1, along with two others a year ago before renovating them. The group’s Director Preet Ahluwalia told Aycliffe Today: “This was one of the first hotels that we bought and the first time we’ve interacted with a global brand. “We’re tremendously excited to partner with IHG, especially the Holiday Inn brand, and bring something really significant to the Newton Aycliffe area. “We decided to invest into the refurbishment of the hotel because we wanted to produce something that the people of Newton Aycliffe and Darlington would love, and we’re delighted with the end product. ” Dylan Burke, Marketing Manager for Dominvs Group, added: “As investors, we thought Holiday Inn was the best brand to ideal brand for us to align with for the hotel and the market alike. “Since opening a month ago, our performance has rapidly increased. The spend per guest is amazing and we’re getting a lot of outside clientele coming in for lunch or enjoying a Starbucks. “It’s changing the platform of just being a hotel, and becoming a hotel/restaurant destination in the area. “We don’t just want people just to stay here, we want them to embrace it. We think it’s money well spent - every pound and penny. ” Durham County and Great Aycliffe Town Councillor John Clare also attended the official opening of the new hotel. “I’m delighted that Holiday Inn has come to Newton Aycliffe, he beamed. ” “It’s a very important piece in the business jigsaw for Newton Aycliffe. As we try to build our local economy, what w