Hospitality Today July-Aug 2016 - Page 9

hospitalitytoday.com | 9 Amaris invests £24m Hotel investment and hospitality group Amaris Hospitality has announced that it has committed a further £24 million to extend three landmark properties within its portfolio, bringing the group’s total capital investment to £124 million, as it continues its programme to transform, rebrand and reposition 23 hotels across its 74 strong portfolio. The four star Jurys Inn hotel in Oxford is to receive £5.7 million of investment, giving an additional 72 rooms and additional meeting space by October. Jurys Inn Custom House, Dublin, which is due to be rebranded as a Hilton Garden Inn, will gain an additional 85 bedrooms following a £10 million investment, while Jurys Inn Belfast is to receive an £8 million capital investment to support an addition of 80 rooms, and the renovation of all existing rooms. In total, the programme will add a further 237 rooms to the Group, which already has over 13,500 rooms in its portfolio. Amaris is “actively considering a number of other opportunities” to extend additional properties in key strategic locations. John Brennan, CEO of Amaris Hospitality, comments: “The UK hospitality sector is experiencing positive momentum, with the Amaris Hospitality Group making excellent progress on its previously announced business plan. We are therefore committing an extra £24 million to add 237 rooms to three landmark hotels.”