The new luxury hotel is being masterminded by the development company, YPG.

They plan to open the hotel in the Russell Building on the corner of School Lane and Peter's Lane at the Liverpool ONE complex -  a major shopping, restaurants and entertainment complex in the heart of the city close to the Liverpool waterfront.

The hotel would be located between the first and the sixth floor of the building. It would comprise 50 bedrooms, a restaurant, a rooftop bar, a gym and conference facilities.

Subject to approval, work could begin this summer ahead of a launch possibly in the spring of 2019.