LONDON— Irish hotel group Jurys Doyle has signed an agreement with property group BAA Lynton to build a 340-room hotel at London’s Heathrow Airport. Jurys Doyle, which will take a 125-year lease on the property, said it would spend about £22 million, or $36 million, on the development of the three-star, “budget plus” Jurys Inn and would start construction this summer. Completion of the hotel is expected in late 2004. The eight-story Jurys Inn, which is close to Hatton Cross tube station, will be the only hotel in the airport with underground train connections to London and other airport terminals at Heathrow. Chief executive Pat McCann said: “Jurys Doyle has been looking for a suitable entry point to the London Heathrow market for some time and we are very pleased that BAA has chosen us to develop this new hotel within the airport complex.” The development of the fourth Jurys Inn in the London area demonstrates the companys development strategy of expanding its three-star budget plus Jurys Inn alongside its four-star Jurys Hotel brand to extend the companys market presence in London.
