Marriott International (NASDAQ: MAR) and Aberdeen City Council have signed an agreement to deliver a brand new Residence Inn by Marriott hotel on the new Marischal Square development in the centre of Aberdeen. Work on the hotel, which is aimed at the extended-stay business and leisure markets, will begin in January 2015 and is expected to be completed by summer 2017.
The 126-room Residence Inn Aberdeen is part of the multi-million pound Marischal Square project which Aberdeen City Council is developing in partnership with urban regeneration and property specialist Muse Developments. The hotel is the first Residence Inn by Marriott in the city and joins seven other Marriott International properties in Scotland including Courtyard by Marriott and Marriott hotels in the Dyce area of Aberdeen and a 107-room Residence Inn by Marriott hotel in the centre of Edinburgh.
Residence Inn by Marriott hotels are designed to meet the needs of extended-stay guests (five nights or more) and the new Marischal Square hotel will comprise 114 studios and 12 one bedroom suites – each with a fully equipped kitchen and separate areas for living and sleeping. The expansive public areas will feature a Lounge Bar, Grab and Go Market, fitness centre and business centre.
Tim Walton, Vice President International Development, Marriott International, was in Aberdeen to view the hotel site and said that he was delighted to be in a position to add Aberdeen to the list of major European cities in which Residence Inn by Marriott has a presence.
“We are thrilled to be part of the exciting development plans for Marischal Square as we continue to expand our Residence Inn by Marriott brand in Scotland. The brand prides itself on giving guests everything they need to thrive on longer stays, and we are confident that the modern and stylish design of the hotel combined with the excellent location at the heart of Aberdeen will offer a dynamic hotel experience in the city,” said Mr Walton.
Aberdeen City Council leader Councillor Jenny Laing said: “This agreement is a major boost for the city and highlights the strong appeal of both Aberdeen and the new Marischal Square development to top-flight international businesses. Marriott International is one of the world’s leading hotel companies and to see them developing a four-star hotel on the site is a huge vote of confidence in the continuing regeneration of our city centre.”
Marischal Square, which is fully funded by Aviva Investors, will deliver a vibrant new mixed-use quarter for the city and include the new Residence Inn by Marriott hotel, Grade ‘A’ office space with associated car parking, retail, cafes, restaurants and civic space, along with public access, landscaping and public realm improvements around a site once dominated by the former Aberdeen City Council headquarters building St. Nicholas House.
The Residence Inn Aberdeen will join three existing Residence Inn by Marriott hotels in Europe: Residence Inn Edinburgh, Residence Inn Munich City East and Residence Inn Sarajevo.
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