Vine Hotels, a hotel owner, operator, and management company based in UK, has announced a multimillion-pound investment in Cutlers Hotel, reported Insider Media.
Headquartered in Sheffield city of South Yorkshire County, the company operates four hotels in the city.
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These properties consist of Double Tree by Hilton Sheffield Park, Kenwood Hall Hotel & Spa, Mosborough Hall Hotel, and Cutlers Hotel besides Whirlowbrook Hall and The Old Rectory event spaces,.
With this investment, the dated Cutlers Hotel is expected to be transformed into an all-suite hotel.
It will include 27 suites, with each featuring a lounge, one or two ensuite bedrooms, and a private kitchen.
This multimillion-dollar investment is expected to boost the city’s economy.
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By GlobalDataVine Hotels group chief executive Garin Davies was quoted by the publication as saying: “There is a clear demand for this type of accommodation in Sheffield. Indeed, our city is well behind other regional destinations in providing this much sought-after type of accommodation, delivered in a high quality, professionally managed environment.
“The very central setting of Cutlers Hotel makes it an ideal location for an all-suite hotel, with visitors to Sheffield able to enjoy the wide range of bars, restaurants, theatres, and retail options right on the doorstep.”
A planning application for the project will be submitted this month.
Construction of this project is expected to begin later this year, followed by an estimated 12-month building schedule.
Vine Hotels is owned by chairman Greg Dyke, who is the former director general of the BBC; and chief executive Garin Davies, who is the former main board director of Best Western and former divisional director of BDL Management.
