New contracts for Worthington Nicholls
Worthington Nicholls Group plc installers of air conditioning, heating, ventilation and chilled water systems, has secured contracts to provide installation and maintenance for new and replacement air conditioning systems with five new hotel group clients.
The largest contract is a full mechanical services installation at the 49 bedroom Hotel du Vin in Cheltenham, and is valued at £860,000. Work has already commenced and is expected to be completed at the end of May 2007. Hotel du Vin was acquired by Marylebone Warwick Balfour (MWB) in October 2005, a public company quoted on the London Stock Exchange which also owns the Malmaison Group of hotels.
The contract secured with Paramount Group (Dawnay Day Hotels) is valued at £530,000. Worthington Nicholls will install new air conditioning units at the Walton Hall Hotel, a prestigious business and leisure hotel located between Stratford-upon-Avon and Warwick. Installation work commences in January 2007 and is expected to be completed by late Spring 2007. Dawnay Day currently has 20 hotels in its estate.
Worthington Nicholls has also been appointed by the Q Hotels Group to fit air conditioning units into their Ashford International Hotel in Kent. The contract is valued at approximately £440,000 and work is scheduled to start in the New Year. The Q Hotels Group currently own eight hotels in England and one in Scotland, and have recently acquired 12 sites from Marston Hotels Group, bringing their total number of hotels in the UK to 21.
A fourth contract is with Oxford Hotels for the refurbishment of a Holiday Inn Express hotel in Bristol. The contract is worth approximately £250,000 with work starting in January 2007.
Worthington Nicholls’ first major install for the Malmaison chain will take place in Reading; this is a hotel conversion which will feature 75 rooms and additional public areas, supplied by 92 air conditioning units. Work has commenced on site and is expected to be completed by summer 2007 at a value of £236,000.