A Chinese shipping containers company has agreed a “strategic partnership” with hotels chain Hilton to develop a series of modular hotels in the UK and globally.China International Marine Containers (CIMC), which made its name manufacturing sea containers and recently moved into modular buildings, is currently constructing a 201-bedroom hotel for Hilton Worldwide at Bristol Airport. The scheme is financed and will be owned by CIMC, and managed by Hilton.The Chinese company said: “CIMC’s innovative modular technique significantly reduces the time taken for construction by manufacturing and assembling portions of the hotel, including guest rooms and hallways, in China, before transporting them to the final site for assembly. The model helps ensure consistent quality and accelerates the build schedule on site, a benefit for developers and investors in mature and emerging markets alike.”Patrick Fitzgibbon, senior vice president at Hilton Worldwide, said: “CIMC’s capacity to deliver modular sections of the building to the final hotel site offers an incredible opportunity to overcome many of the challenges faced during construction.“Alongside potential time and cost efficiencies, CIMC’s ability to provide senior debt to developers using its modular building technique underpins its robust growth model, and we are seeing more and more opportunity for this structure in mature markets such as the UK.”Karen Liu, global head of CIMC MBS, said: “This [Bristol] is the first of a number of Hilton hotels CIMC will build in 2016. CIMC is focusing on Hilton opportunities across Europe, Middle East and Africa.”CIMC MBS is the modular division of parent company CIMC Group, an £8bn turnover global business with over 150 subsidiaries and 70,000 staff.CIMC and Hilton expect the new Bristol hotel to be completed in Q4 2016. A Chinese shipping containers company has agreed a “strategic partnership” with hotels chain Hilton to develop a series of modular hotels in the UK and globally.
China International Marine Containers (CIMC), which made its name manufacturing sea containers and recently moved into modular buildings, is currently constructing a 201-bedroom hotel for Hilton Worldwide at Bristol Airport.
The scheme is financed and will be owned by CIMC, and managed by Hilton.
The Chinese company said: “CIMC’s innovative modular technique significantly reduces the time taken for construction by manufacturing and assembling portions of the hotel, including guest rooms and hallways, in China, before transporting them to the final site for assembly. The model helps ensure consistent quality and accelerates the build schedule on site, a benefit for developers and investors in mature and emerging markets alike.”
Patrick Fitzgibbon, senior vice president at Hilton Worldwide, said: “CIMC’s capacity to deliver modular sections of the building to the final hotel site offers an incredible opportunity to overcome many of the challenges faced during construction.
“Alongside potential time and cost efficiencies, CIMC’s ability to provide senior debt to developers using its modular building technique underpins its robust growth model, and we are seeing more and more opportunity for this structure in mature markets such as the UK.”
Karen Liu, global head of CIMC MBS, said: “This [Bristol] is the first of a number of Hilton hotels CIMC will build in 2016. CIMC is focusing on Hilton opportunities across Europe, Middle East and Africa.”
CIMC MBS is the modular division of parent company CIMC Group, an £8bn turnover global business with over 150 subsidiaries and 70,000 staff.
CIMC and Hilton expect the new Bristol hotel to be completed in Q4 2016.
A Chinese shipping containers company has agreed a “strategic partnership” with hotels chain Hilton to develop a series of modular hotels in the UK and globally.
China International Marine Containers (CIMC), which made its name manufacturing sea containers and recently moved into modular buildings, is currently constructing a 201-bedroom hotel for Hilton Worldwide at Bristol Airport.
The scheme is financed and will be owned by CIMC, and managed by Hilton.
The Chinese company said: “CIMC’s innovative modular technique significantly reduces the time taken for construction by manufacturing and assembling portions of the hotel, including guest rooms and hallways, in China, before transporting them to the final site for assembly. The model helps ensure consistent quality and accelerates the build schedule on site, a benefit for developers and investors in mature and emerging markets alike.”
Patrick Fitzgibbon, senior vice president at Hilton Worldwide, said: “CIMC’s capacity to deliver modular sections of the building to the final hotel site offers an incredible opportunity to overcome many of the challenges faced during construction.
“Alongside potential time and cost efficiencies, CIMC’s ability to provide senior debt to developers using its modular building technique underpins its robust growth model, and we are seeing more and more opportunity for this structure in mature markets such as the UK.”
Karen Liu, global head of CIMC MBS, said: “This [Bristol] is the first of a number of Hilton hotels CIMC will build in 2016. CIMC is focusing on Hilton opportunities across Europe, Middle East and Africa.”
CIMC MBS is the modular division of parent company CIMC Group, an £8bn turnover global business with over 150 subsidiaries and 70,000 staff.
CIMC and Hilton expect the new Bristol hotel to be completed in Q4 2016.
Hilton VP Patrick Fitzgibbon, CIMC gloal head Karen Liu and Bristol Airport CEO Robert Sinclair.
