Source/Contact: Leisure Opportunities, 17/02/2009

Budget hotel chain Jurys Inn has exchanged contracts on four new hotels in England and Scotland in a deal worth £90m. Located in Glasgow, Newcastle, Portsmouth and Bradford, the 200-room 80,000sq ft hotels (the Glasgow site is the only 100,00sq ft hotel offering 230 rooms) are being developed by Jurys' strategic development partner McAleer and Rushe and will be operated on long-term leases. The hotels are due to open in 2010 and are in addition to seven new openings scheduled for 2009 including a 259-room hotel in Sheffield which opened in January 2009.