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The construction of a 116-bed Holiday Inn Express
Location: Derry, Londonderry, Northern Ireland
Investment term: 24-month term
Forecast returns: Income Generator 1% per month, 12% on completion
Investment status: Fully subscribed
After extensive work to the basement and foundation structures of the Holiday Inn Express, the superstructure has now reached the 3rd floor level in accordance with the target construction schedule.
“We are very excited to be in a position to make a difference in Derry.” – Tom Dalton, Director of Propiteer
We’re expecting a bright future for the Holiday Inn Express, as Derry is on course to smash tourism records.
Speaking to the Derry Journal, Mr. Odhran Dunne, manager at Visit Derry, is welcoming the boom:
“The NISRA (Northern Ireland Statistic and Research Agency) indicates that 2016 was a record year for tourism, with 283,000 overnight visitors spending over £50m in the local economy,” he says. “The friendliness of local people and Derry being increasingly recognised as an ideal base for exploring the North West region.” Read more at derryjournal.com