Oxford GB will appoint a hotel operator imminently and it is anticipated that the hotel will take two years to build and should be open and running successfully by early 2012.
The hotel will be constructed by GB Building Solutions. Simon Wood, chairman of Oxford GB said: "Oxford GB’s aim is to provide a high quality hotel, right where it is most needed. With so much development hotel rooms in Leeds will be in high demand, there is limited competition in this part of the city, and the planned concert arena is the icing on the cake.
"Achieving planning permission for a good quality hotel in this area means that we can provide much needed hotel accommodation right in the heart of Leeds, at a time that will tie in with greatly increased demand."
Go-ahead for £20m energy plantNashville area hoteliers can’t get money for growth
