Thanet has good prospects

In what is being seen as a further vote of confidence in Thanet, the former Prospect Inn, close to Kent International Airport, is to become an Express by Holiday Inn hotel.

 

The 104 bedroom hotel, operated by Geminex Hotel & Leisure Management, and situated on the A253 is a significant investment in Thanet.

Attracted to the site by the long-term commercial opportunities presented by nearby Kent International Airport as well as improving economic conditions in Thanet, Geminex worked with Locate in Kent, the inward investment agency, during the site's feasibility study.

Geminex's new development adds to a 280 bed hotel in Docklands and three existing Express by Holiday Inn hotels. Kent, despite its size, has a shortage of budget hotel accommodation and the company is confident the development in Ramsgate will serve the business hotel market as well as civil and freight traffic using the airport. Geminex believes the airport has the potential to deliver for Kent what Luton Airport has provided for Bedfordshire.

Construction work has commenced and Geminex anticipates the hotel will be open for business in December 2007.

Kent is benefiting from considerable investment in hotel and leisure accommodation and this new arrival, bringing with it 25 new jobs, will provide an important new facility to Thanet, and Ramsgate in particular.