Main Photo: The new Stock Exchange Hotel
Date: July 2019
Name: Stock Exchange Hotel
No. of Keys: 40
Buyer: The hotel, backed by soccer players Gary Neville and Ryan Giggs, and hotelier Winston Zahra, is due to open in November 2019. GG Hospitality, which also runs Hotel Football in Old Trafford, will manage the property and will be a member of Relais & Chateaux, which now has more than 550 hotel members.
The former Stock Exchange building, located in the heart of Manchester, is a striking example of Edwardian architecture from the 20th Century and is currently being meticulously transformed into a hotel which will offer a collection of 40 rooms, including two signature suites and a stunning 3,500 square foot penthouse residence. The food and beverage operation within the hotel will be overseen by chef Tom Kerridge.
Having purchased the Grade II listed building six years ago, Gary Neville and Ryan Giggs explained that their vision was to bring the building back to life: “We knew the Stock Exchange well from when it was a restaurant but it was only when we viewed it in its entirety that we realised the extent of the history there.
“Most people familiar with the building will know of the domed ceiling above the old trading room floor, but there are many other original features that will not have been seen by many, such as fireplaces, vaults and stained glass windows. For us it was critical that this heritage was protected, and it now sits at the heart of what we hope will be an exciting new concept for Manchester.”
Speaking about the association with Relais & Châteaux, co-owner and GG Hospitality CEO Winston Zahra said: “We are honoured to be the first ever Relais & Châteaux member in Manchester and one of the first properties in the 65 year history of the fellowship to become a member before its doors open. This is testament to all of the work the team has been doing behind the scenes. We have put a great amount of effort into ensuring the design for the property truly respects the history of the building.
“The values and foundations of Relais & Châteaux to protect and defend local arts of living are are reflected in every detail of our offering and we are committed to preserving an important part of Manchester’s heritage, while offering quality service in an exceptional setting.”
Philippe Gombert, President of Relais & Châteaux said: “We are very happy to count Stock Exchange Hotel as a member of our family and to be able to accompany them in the opening of this beautiful house. I am deeply convinced that Gary Neville, Ryan Giggs and Winston Zahra will revive Stock Exchange and its history in a remarkable way. This is a perfect example of what Relais & Châteaux is: properties anchored in their region, ambassadors of their heritage, but also passionate about their craft and deeply committed to forging warm, lasting relationships with their guests.”
THPT Comment: Huge surprise that there hasn’t been a Relais & Chateaux member in Manchester thus far
First Seen: About Manchester
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.