A company that hires out apartments for parties is to expand into a new Liverpool city centre location.
iStay Liverpool will launch 33 new flats in the five-storey, grade II-listed 17-21 Castle Street during the first half of 2023. They will be aimed at families and those with additional accessibility needs.
The company already has locations in Temple Court, Water Street, Duke Street, Bold Street, Rodney Street and the recently launched Harrisons Aparthotel in Victoria Street.
READ MORE: Click here to sign up to the BusinessLive North West newsletter
The move comes after Airbnb recently permanently banned parties and events at homes on its platform, after a temporary measure during the pandemic proved popular with its hosts.
Ann Chambers, founder and CEO of iStay Liverpool, said: "iStay Liverpool is building on its success in the city and this new development in Castle Street is a major investment for us, and one which was impossible for us to pass up, as this is such an iconic building, whose value has been transferred at an undisclosed fee.
"The site itself is visually stunning and culturally and architecturally significant: it has been a vital part of planning to ensure that its exterior and internal features are maintained, such as original staircases, the grand opening doors, and external façade elements which make this site unique.
"In terms of its use as a new development for us at iStay Liverpool, we will be utilising our experiences so far to ensure that this new site sets a business benchmark for us.
"Apart-hotels like ours are becoming an increasingly popular choice for national and international guests, as well as local ones, for short or long stays.
"Castle Street is a prestigious setting close to all of the city’s major amenities and attractions, from premium shopping, to restaurants and nightlife venues, our nearby concert arena, with accommodation that gives guests more room and a homely feel than a traditional hotel setting. This site will have premium amenities, decor and extra touches which iStay are now renowned for.
"I am also delighted that this Castle Street development will have a specially designed apartment for those who require accessibility - it has been a conversation that has been ongoing, and is vital for us at iStay to make provision for guests who require ground floor accommodation.
"Quite simply, this new development is going to be something really special. It has come at a busy and productive time for us as a group, and for me personally, my recent successes are moving me forwards to expand, whilst always maintaining standards and consolidating on what iStay Liverpool has already achieved."
READ NEXT:
Sale of Liverpool hotel 30 James Street with £12.5m asking price shelved
Coleen Rooney's Liverpool lawyer lifts lid on Wagatha Christie trial as verdict revealed
First look at £10m go-karting, bowling and golf venue in former Debenhams store
£100m student development completed after being rescued from administration
City centre venue Alma De Cuba racked up debts of over £9m before entering administration
