2016 is set to be a big year for York as the city sees multi-million pound investment and development in the MICE sector product.
VisitYork4Meetings, has recently revealed a breakdown of key investments over the last year and reveals the latest investment plans for the New Year.
Developments for 2015/16 include the multi-million pound investment project at The Royal York Hotel, which will see the city centre hotel re-launch as a 4 star deluxe early in the New Year. The project includes a refurbishment of all 159 bedrooms, a new restaurant seating 129 guests and a new bar concept. This re-development will create 90 new jobs in the hotel.
Also in the New Year, The five star Grand Hotel & Spa is planning a £15 million redevelopment of the former Northern Railway HQ. Plans were submitted earlier this year for an expansion and refurbishment programme which will increase the number of guest rooms to over 200, upgrade the conference and spa facilities, as well as create a new restaurant space seating 140 guests.
The Best Western Monkbar Hotel unveiled its new state-of-the-art function suite earlier this year, one of the main features of the hotel’s £3 million development programme. This brand new facility can accommodate up to 250 theatre style and boasts a fully flexible space that can be used as one large room or divided up into four smaller meeting rooms.
York’s newest hotel addition, the boutique Hotel Indigo, opened its doors in July this year following a £10 million build, creating 45 new jobs in the city. The chocolate themed, boutique hotel boasts 101 bedrooms, a health and fitness suite and is home to the second outpost of The Yorkshire Meatball Co.
In another significant investment Stay City apartments a six-storey building will be completed in Spring 2016 next to York Barbican Centre and overlooking the City Walls; the apartments will complement the conference offer at the Barbican Centre, providing conference delegates attending events with a convenient place to stay.
Laura Freer, Business Tourism Manager, VisitYork4Meetings, said, ‘Following the vast investment in 2014/15, it’s fantastic to see this continue into the New Year. Our main focus is to ensure year on year growth in the meetings and events sector in York and therefore further product investment is vital to build on the multitude of unique facilities the city has to offer. York is now in a prominent position in the UK conferencing market; with over 90 conference venues available for meetings and it’s fantastic news to see further investments and developments planned.’
Latest figures show that over 16,000 meetings, conferences and events take place in York annually, business tourism generates £140.7 million in income for the city and represents 25% of total visitor spend.
*The British Meetings & Events Industry Survey 2014/15.