Redefine|BDL Hotels (RBH) has been awarded the contract to manage the upcoming Hampton by Hilton Manchester Northern Quarter, which is set to open in 2020.
The £17.5m, 221-bedroom hotel will feature a restaurant, fitness centre and meeting space.
RBH already counts Hampton by Hilton London Docklands and Hampton by Hilton London Gatwick Airport among its portfolio of properties.
The project is being funded by Hong Kong-based IP Investment Management in conjunction with asset manager Maven Capital Partners. The venture represents RBH’s continuing partnership with Maven Capital Partners, with three other properties asset managed by the private equity firm counted among RBH’s portfolio of more than 75 hotels.
Selina Williams, Investment Director at IP Investment Management said: “Hampton by Hilton Manchester Northern Quarter will be IP Investment Management’s first investment in the hotel sector, so we’re delighted to be partnering with such an experienced manager as RBH.”
RBH’s portfolio includes private label and branded properties, including IHG, Hilton, Accor, Marriott and Wyndham hotels.
