Moxy Hotel opening new site in York

Acting on behalf of Hiscox, CBRE’s Specialist Markets team has sold a prime hotel development site in York to Vastint Hospitality.

Located in the Hungate area of York, the site is adjacent to Hiscox’s new £19m office development, the specialist insurer’s largest office outside of London, employing up to 500 people.

With outline planning consent already in place for a hotel development next to the Hiscox office, Vastint Hospitality aims to develop a purpose-built, 120 bedroom Moxy Hotel on the site.

Moxy Hotels, which is Marriott International’s new economy hotel brand, include tech-savvy guest rooms and intuitive service offers to separate itself from industry standard economy hotels.

Shaun Skidmore, senior director at CBRE, said: “The creation of Hiscox’s landmark new offices has drawn a significant amount of attention to the Hungate area of York and this strategically positioned site holds clear potential for the creation of a new hotel to further complement the City’s leisure provision.

“A Moxy hotel would be a superb and unique addition to the York hotel scene, offering a fresh and contemporary experience for the younger end of the market. We are pleased to have concluded this deal and look forward to following the site’s progress.”

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