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  1. Market Data
July 29, 2022

Europe’s five largest hotel construction projects that commenced in Q2 2022

By Carmen

Here are Europe’s five largest hotel construction projects that were initiated in Q2 2022, according to GlobalData’s construction projects database.

1. Pownall Street Mixed-Use Community – $200m

The project involves the construction of a mixed-use community comprising two buildings of nine and 16-stories in Liverpool, the UK.

Construction work started in Q2 2022 and is expected to be completed in Q4 2026.

The project will be located at the site bound by Park Lane, Pownall Street, Liver Street and Beckwick Street.

2. Maraska Mixed-Use Complex – $137m

The project involves the construction of a mixed-use complex in Zadar, Croatia.

Construction work commenced in Q2 2022 and is expected to finish in Q2 2025.

The main aim of the project is to provide better hospitality and leisure facilities in the region.

3. Keilaniemenranta Hotel and Office Complex – $120m

The project involves the construction of a 158m high, 40-story, 100,000m2 hotel and office towerg in Espoo, Finland.

Construction work started in Q2 2022 and is forecast to complete in Q4 2026.

The project aims to provide better hospitality and office facilities in the region.

4. Abbey Street Hampton by Hilton Hotel – $55m

The project involves the construction of a Hampton by Hilton hotel in Nuneaton, Warwickshire.

Construction work commenced in Q2 2022 and is expected to be completed in Q4 2025.

The project aims to help make Coventry and Warwickshire a safe and highly attractive place to live, study, work, invest, and encourage visitors to Nuneaton to boost the local economy.

5. Riva Hotels And Resorts – $52m

The project involves the construction of a five-Star, 180-room hotel on 22,000m2 of land in Istarska, Croatia.

Construction work started in Q2 2022 and is expected to be completed in Q4 2024.

The project aims to provide luxury tourism and an urban square as a gathering place.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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