The Arora Group, Whitebridge Hospitality, an LJ Group company, and InterContinental Hotels Group (IHG) have announced an exclusive agreement with Heathrow Airport to develop two hotels directly connected to London Heathrow Terminal 4.
The two adjoining hotels, a Crowne Plaza and a Holiday Inn Express, are due to open in 2018.The new hotels will operate under a franchise agreement with IHG and will be managed by Arora Hotels, a division of The Arora Group. The joint venture is being granted a ground lease for the 1-hectare site.
Crowne Plaza London ‒ Heathrow T4 will feature 300 bedrooms and a range of business and meeting facilities including five meeting rooms and two boardrooms.
Meanwhile, the 450-room Holiday Inn Express London ‒ Heathrow T4 will be a ʻnext generationʼ Holiday Inn Express hotel, featuring the latest technology, an Express Café and Bar and larger cosier beds.
The two hotels will be located within walking distance from Heathrowʼs terminals via an air bridge and with direct access to the London Underground, and Heathrow Express train service.
Terminal 4 receives 10 million passengers per year, and is the base for Etihad Airways, Qatar Airways and the SkyTeam Airline Alliance, which counts Air France, Delta Airlines, KLM, Aeroflot and China Eastern Airlines among its members.
Surinder Arora, Founder and Chairman of The Arora Group said: “Following the success of the Sofitel at Terminal 5, this exciting scheme presents the second opportunity for us to work together with Heathrow Airport to bring another best in class facility to Heathrow, this time in partnership with InterContinental Hotels Group. We are also delighted to have on board our other key partner, LJ Group with whom we share a common goal of launching an outstanding hotel as well as creating a long term investment
Andrew Williams, Chief Executive Officer of LJ Group and Chairman of Whitebridge Hospitality commented: “The T4 transaction is exceptional given its proximity and direct linkage to Heathrow Terminal 4, the branding partnership with IHG, the attractive income yield and the multiple value creation opportunities.
Robert Shepherd, Chief Development Officer, Europe, IHG said: “Weʼre delighted to be working with Surinder Arora and his team on another exciting development. Dual branded hotel developments are attractive for hotel investors because of the significant cost savings and operating efficiencies; and they give guests a choice of two great hotels in the one location depending on their needs. Weʼre confident this fantastic combination, coupled with the hotelsʼ great location will make these two hotels the number one choice for business and leisure guests travelling to and from London.”
Stephen Wilkinson, Heathrow Property Director said: “We are delighted to work with the Arora Group and LJ Group to enable this great new hotel at Heathrowʼs Terminal 4. We are passionate about improving the quality of our facilities and services at the airport and this hotel will provide further choice, convenience and experience for our passengers.”
The construction division of The Arora Group, trading as Grove Developments, will oversee the project.