It is set to open in Manchester city centre.
The site at 12-16 Piccadilly will see the construction of a 22-storey hotel with around 350 bedrooms. The building will be integrated with a sensitive refurbishment of the adjacent Grade II-listed Union Bank Building.
The hotel will be branded a Toyoko Inn described by the group as 'stylish yet affordable business hotels' located close to railway stations.
Toyoko hotels do not include restaurants, although they do include a breakfast room.
The group has recently opened two hotels in Europe, in Frankfurt and Marseille.
Details: https://www.toyoko-inn.com/eng/