New hotel for Harrogate
THE BUSINESS DESK
By Ian Briggs - Editor, Yorkshire
A NEW hotel is to be built in Harrogate.
Paramount Hotels, a subsidiary of Puma Hotels, has entered into an agreement with Premier Inn Hotels and Whitbread Group, to develop the 107 bedroom Premier Inn Hotel.
Upon completion, the hotel will be leased for 25 years on a full repairing and insuring basis to Premier Inn and Whitbread.
Planning consent for the hotel has been already granted by Harrogate Borough Council and the hotel will be directly linked into a new exhibition facility in the North Yorkshire town.
Howard Shore, chairman of Puma Hotels, said: "We are delighted to have entered into this agreement which will enable us to work with Whitbread and its award winning Premier Inn Hotels."
Whitbread was advised by WSB.