GLOBAL boutique hotel chain, Hotel Indigo has successfully reopened its £15million hotel and restaurant in Durham City with help from Business Durham.

Hotel Indigo’s 4-star boutique hotel is set within the iconic Grade II listed Shire Hall, which originally opened in 2018 after undergoing a major £15 million refurbishment. The conversion of the listed building also include a 150-cover Marco Pierre White Steakhouse Bar and Grill.

The hotel is a key destination in Durham City and is an important business and leisure asset for the city. Affected by long periods of closure during the Covid-19 pandemic, Hotel Indigo secured a £250,000 business loan from the Finance Durham Fund to overcome trading issues and safeguard its future, as well as helping the hotel to prepare for its re-opening and also accessed support from the Durham Business Recovery Grant scheme towards implementing its recovery plan.

Tom Orange, General Manager at Hotel Indigo said: “The funding from Finance Durham helped us to maintain and protect our Hotel during the hard closure and allowed us to have a core team on site for day-to-day checks."

Cllr James Rowlandson, Cabinet member for Resources, Investment and Assets at Durham County Council, said: “We’re delighted to be able to ensure a prestige brand like Hotel Indigo remains in Durham City and can continue to grow and thrive.  It is a great example of how we have been able to use a range of business support programmes to help businesses adapt and re-open now that Covid restrictions have lifted.

“It is fantastic to see how we have helped Hotel Indigo get back on track for the future by providing financial support through both the Finance Durham Fund and the Durham Business Recovery Grant. The leisure and hospitality industries are essential to the county, as they help attract people and businesses from across the world, which brings valuable income to County Durham. 

"We hope more businesses will follow suit and access the funding opportunities we have available through our Business Durham team - the Business Support Service for Durham County Council - to create more and better jobs and contribute towards a strong competitive economy for the future.”

Michael Dickens, Investment Manager at Maven, said: “We’re delighted to support such a unique and prestigious project from development through to the opening and running of the hotel itself.

"The Finance Durham Fund was established to back companies of all sizes and sectors to help address the challenges faced by businesses looking for growth finance. County Durham has an international reputation as a home for dynamic businesses and we are committed to supporting businesses across the county to grow and achieve their ambitions.”

 

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