Marriott is to introduce its extended stay Residence Inn brand to Manchester for the first time.
The 155 room hotel will be based in the Northern Quarter and is due to open in late 2020.
The existing property is currently operating as The Northern Quarters Serviced Apartments Manchester and will be rebranded in late 2020 following refurbishment.
Residence Inn by Marriott will be managed by Cycas Hospitality.
This is also Cycas’ first deal with hotel development company Ciel Capital and partners.
Asli Kutlucan, chief development officer at Cycas Hospitality, said: “Whilst Manchester is already considered a gateway to the North, it’s clear from the continued investment into the city’s rail and international air connections that the potential for regional growth over the coming years is huge.
“We’re confident that the central location of our new Residence Inn property will tap into the growing demand for alternative accommodation options from business and leisure travellers, and look forward to working closely with Ciel Capital and Marriott International to further build our presence in this vibrant market.”
Vedrana Riley, CEO of Ciel Capital, said: “Manchester’s innovative reputation remains as true today as ever. Having established itself in recent years as one of Europe’s leading digital technology hubs, the government’s ‘Northern Powerhouse’ initiative has helped transform the region still further, increasing investment to the city and creating one of the world’s largest, and most exciting, urban economies.
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“As the city continues to attract a high-profile mix of start-up businesses and large-scale multinationals, from Boohoo to Amazon, our first hotel in Manchester will be well positioned to cater to the city’s evolving hotel needs.
"We very much look forward to capitalising on Cycas’s reputation for translating loyal guests into financial success on our new venture.”