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New luxury hotel set to open on central Peter Street

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A new luxury hotel from KRO Hospitality is set to open on Manchester’s vibrant Peter Street.

KRO Hospitality, who owns and operates Velvet Hotel & Bar and Mr. White’s English Chophouse, is in the development stages of a high-end hotel in one of the city’s popular areas for dining and entertainment.

KRO Hospitality purchased the freehold for 47 Peter Street, which is currently home to the renowned Asha’s Indian restaurant and will transform the upper floors of the building into a new luxury hotel.

The new hotel, which will focus on “luxury and outstanding service”, will have 45 rooms, including some of the largest and most extravagant suites in Manchester.

KRO Hospitality has operated several IHG (Intercontinental Hotels Group) properties and was behind the success of luxury brands including The Light ApartHotel, Velvet Hotel & Bar and La Reserve ApartHotel.

Planning application for KRO Hospitality’s latest venture will be submitted in August with work expected to start in late 2018/early 2019.

Kim Eivind Krohn, owner of KRO Hospitality, said: “We are thrilled about our latest venture to create a new, exciting and extravagant hotel in the heart of Manchester’s Vibrant Peter Street, which is host to popular venues such as Albert Schloss, Revolucion de Cuba, Be Impossible and let’s not forget the gorgeous Asha’s Restaurant located in our building”.

“Peter Street is the perfect location for our new hotel, and to restore such a stunning building will only enhance the area. The hotel will feature some of the largest and most lavish suites in the city centre and accommodation will range from deluxe rooms to luxury one and two-bedroom suites. The hotel will also boast a club lounge for its guests located on the 1st floor”.

“It will make a fantastic addition to our growing portfolio, which includes the newly refurbished Velvet Hotel & Bar and most recently the decadent Marco Pierre White’s Mr. White’s English Chophouse, which has recently opened on the lower level of Velvet Hotel on Canal Street.”

Mr Krohn also added that the success of The Light has inspired him to continue to grow on luxury and good old-fashioned hospitality. KRO Hospitality is also submitting planning to extend Velvet Hotel with the addition of six to eight new luxury suites later this year.

The new luxury Peter Street Hotel will open in 2019 if approval is received from Manchester City Council. The architects behind the new hotel are Space Plus Architects.