Conygar Investment Company secures major global hotel operator for Island Quarter

Conygar Investment Company
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The Conygar Investment Company PLC (LON:CIC) has announced it has agreed terms with InterContinental Hotels Group (LON:IHG) at its major Nottingham development site.

IHG will be bringing its boutique hotel brand Hotel Indigo as well as its extended stay offering, Staybridge Suites, to the Conygar scheme that will transform this city centre site. 

The hotel will comprise 223-bedrooms – 155 rooms for Hotel Indigo and a further 68 aimed at multi-night business and leisure travellers in the Staybridge Suites, which will include a range of amenities such as a full kitchen and dedicated outdoor space for every suite.

They form part of the latest stage of the development, which will include 247

residential rental apartments and an extensive food and beverage area. There will also be 3,000 sqm of flexible serviced office space.

Robert Ware, Chief Executive of Conygar Investment commented: “We are delighted to secure a major global hotel operator in InterContinental Hotels Group for this exciting next phase of the Island Quarter.”

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