Hastings Hotels invests more than £60M in growing portfolio

Hastings Hotels has announced the continued investment of over £60M into its growing portfolio. 

Grand Central Belfast

In addition to investing £53M on its seventh hotel which is due to open in 2018, it has also completed a £10M renovation programme on its six other hotels.

Howard Hastings, managing director of Hastings Hotels said: “Despite the current economic uncertainty across Ireland, we have continued to invest heavily in our properties. We are currently making our biggest single investment to date in the Grand Central Hotel of £53M and upon completion it will be Northern Ireland’s largest hotel with 304 bedrooms.

“At Hastings Hotels we have a long term philosophy to reinvest year on year in our people and our properties which is why we have the leading hotels in Northern Ireland. We do not rest on our laurels and have invested over £10M in recent years in the continuous investment programmes of our six hotels as we strive to ensure we offer our guests the very best facilities and experience on every visit.

“We have recently completed a £4.8M renovation of the Culloden Estate & Spa, a new £1.5M Grand Ballroom at the Everglades Hotel which is now the largest facility of its kind in the North West, invested £2M in the Europa which has included a new entrance and lobby bar as well as £1M in the Stormont Hotel with a new look high-tech conference and event facility, lobby and bar area,” Howard continued.

Earlier this month the company celebrated 50 years of the ownership of the Culloden Estate & Spa. The luxurious property was purchased in June 1967, and over the course of the last 50 years, under the direction of Sir William Hastings, it has transformed in size and luxury.

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