Property

CBRE Hotels reveals new Belfast aparthotel

CBRE Hotels has been instructed by property development company, Oakland Holdings, to seek an operator for its new 175 unit Aparthotel, which has just received full planning permission from Belfast City Council.

The new Aparthotel is located at 32-33 Queen Street Belfast and proposals are now being sought to operate the completed Aparthotel under either a Lease Agreement or under a Hotel Management Agreement (HMA).

The nine storey aparthotel occupies a “pivotal” corner position at the intersection of Queen Street and College Street in the heart of Belfast City Centre. The property is also only approximately 300 metres from Belfast City Hall at Donegall Square and is within the prime retail area of the city.

The new aparthotel will provide guest accommodation comprising 175 guest units and food and beverage facilities at ground and first floor levels. There will also be meeting rooms, a guest gym, catering kitchen and staff facilities at lower ground floor.

John Ryan, Director, CBRE hotels and licensed, Ireland, said: “The Queen Street Aparthotel opportunity offers an exciting opportunity for hotel operators to establish a presence in the vibrant and rapidly expanding Belfast market.

“Working closely with Oakland Holdings, proposals are now being sought to operate the Aparthotel either under a lease agreement or under a hotel management agreement (HMA) The Aparthotel is due for completion in Q2 2021.”

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