Fast-growing hospitality brand edyn snaps up site in Liverpool One

Liverpool ONE – Paradise Street 1[7][1]

Grosvenor Britain & Ireland has signed a 25-year deal with hospitality brand edyn to develop a new site at Liverpool ONE.

The new 60,000 sq ft of serviced apartment space will be located at 39 Paradise Street and will open its ten-floor site to guests in summer 2021, adding to the site’s retail, leisure and dining offering. 

edyn’s portfolio includes brands such as SACO apartments, aparthotel Locke, The Moorgate and Wittenberg.

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From March to October 2020, edyn maintained an average occupancy of 65% across its portfolio despite Covid-19, reflecting consumer demand for self-contained accommodation.

Stephen McCall, CEO of edyn, commented: “We are thrilled to be working with Liverpool ONE and Grosvenor to develop edyn’s latest site, and to establish new roots in such a vibrant urban location. As proven over the last 12 months, our quality-focused, long-stay accommodation model naturally aligns with evolving travel needs, positioning us as leaders for the new chapter of hospitality ahead.”

Alison Clegg, managing director of Asset Management at Grosvenor Britain & Ireland, commented: “This commitment from edyn, as a highly credible, successful and unique operator, strengthens Liverpool ONE as a leading mixed-use destination. Just as we are on the front foot of retail and leisure trends, this new accommodation concept will see Liverpool ONE equipped for post-Covid tourism and visitation needs.”

Tags : edynLiverpool OneLockeSACO
Zoe Monk

The author Zoe Monk

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