Stow-Away, a joint venture between Ciel Capital, Stow Projects and BridgeStreet Global Hospitality, has secured financing for its first project at Central Hall in Birmingham city centre, where it plans to build a 135-bed hotel and a 51-bed Stow-Away aparthotel along with restaurants, bars and retail on the site of the former Methodist meeting hall.

Funding from private sources has also been secured for a 20-bed Stow-Away aparthotel built from shipping containers, wine bar and restaurant in Waterloo with a lease from Network Rail. The company is also pursuing opportunities in Manchester, Glasgow and Dublin with a plan to build a portfolio of around 10 assets.

The vision for Stow-Away is to cater for corporates as well as tourists by creating a “more playful” brand.

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