Location: Exeter, United Kingdom
Investment term: 24-month term
Forecast returns: Income Generator 1% per month, 12% on completion
Investment status: Fully subscribed
The internal upgrade on the existing building is now complete. Snagging and rectification of minor issues are currently being completed ready for Hilton to sign off. To be set for a January opening.
According to Visit Britain, the value of tourism generated £106 billion a year. The South West was cited as harbouring the 3rd highest tourism spend across the UK, which suggests a demand for both corporate guests and tourists.
Drawn by the awe-inspiring areas of outstanding natural beauty, the historic coast and the hustle and bustle of the City Centre with its redeveloped shopping centre and vibrant nightlife. It looks like the Hampton by Hilton hotel in Exeter has a bright future!
“The Hilton by Hampton Exeter is a perfect example of the Propiteer business model. We are looking forward to opening the doors of the new extension.” – Dave Marshall, Director of Propiteer