Dominvs Group and contractor McAleer & Rushe have signed the first in a series of phased contracts, worth in excess of £100 million, to build out a development programme of hotels, across the UK.
The first legal agreement signed by Dominvs was a £26 million contract with McAleer & Rushe to design and build two hotels in Aberdeen close to the airport.
The Holiday Inn Express boasts 193 bedrooms, whilst the four-Star Crowne Plaza Aberdeen Airport will feature 165 bedrooms, meeting rooms and banqueting suites.
McAleer & Rushe began construction in March 2014, and the Holiday Express is scheduled to open in June and the Crowne Plaza in September of 2015.
Aberdeen Airport Hotel
The next £25 million contract to be signed in the New Year is for McAleer & Rushe a 306-bedroon four-star Holiday Inn on Aytoun Street, in Manchester, the last piling was already recently completed at the site.
This will be followed by a contract with McAleer & Rushe to construct a 200-bedroom four-star hotel conversion of the Grade II-listed Tower Bridge Magistrates Court in Tooley Street, London, SE1.
Further partnership projects with Dominvs Group in London and Oxford are expected to follow.
The Aberdeen contract was signed for Dominvs Group by Sukhpal Singh Ahluwalia, chairman, and Preetpal Ahluwalia, hospitality director at Dominvs Group.
Chief executive, Eamonn Laverty and construction managing director, Martin Magee signed for McAleer & Rushe.
Ahluwalia, who led the contract negotiations and project implementation at Dominvs Group, said: “Signing this first contract with McAleer & Rushe cements an already strong relationship built on trust and mutual professionalism.
“Both companies share a strong family ethos, strong management teams and a reputation for integrity. This is a long term partnership and I predict we will do a lot of work together.”