Plans are circulating for a historic motoring hub to be transformed into a new hotel, as part of the Bicester Heritage development.
The organisation revealed that 80% of its base at the former RAF Bicester site has been transformed, with phase four now nearing completion.
Among 20 listed buildings have been brought back to their former glory, while now a proposal for a new hotel is on the horizon.
Bicester Heritage took on the mothballed RAF base in 2013 and since then it has been developed a hub of historic motoring and aviation with more than 30 industry specialists based on site.
New businesses on site include micro-brewery The Wriggly Monkey Brewery, a classic Porsche specialist and a 3D engineering and rapid prototyping specialist.
It is hoped the hotel would help the thousands of visitors who visit the site each year for various events in the Bicester Heritage calendar make the most of their trip.
This year more than 22,500 visitors were at the site for events such as the Sunday Scramble and Flywheel Festival.
Bicester Heritage managing director, Daniel Geoghegan, said: “We are looking forward to building on the national success of Bicester Heritage in creating a centre of excellence for the UK’s £5.5bn historic car sector.”
No firm date has yet been set for when work could start on the hotel.