Excel and ADNEC continue to invest

Excel London is heading towards London 2012 with plans for greater investment and diversification of the East London site, and with more hotel accommodation to follow its £50m investment in the Aloft-branded hotel project.
The Aloft will be ready for the Olympic Games and is owned by ADNEC but operated by Starwood Hotels.
“We are looking at opportunities for other infrastructure on the site,” Excel London MD David Pegler told CN. “Our research shows there is demand for hotels here.”
As well as the ADNEC-owned hotel, permission has been granted for a 152-bed, five-star hotel yacht to dock alongside the Excel site, and two additional hotel proposals from third parties are under discussion.
Plans for an Olympic Festival to be held at Silvertown Quays opposite the Excel site, however, have been abandoned in light of new redevelopment plans for the site from its owner, London Development Agency (LDA).
Last month, LDA called for investors and proposals to redevelop Silvertown Quays and is purportedly keen on a business or science park.
Pegler said there was still plenty of work to be done around the Excel site to facilitate international events but said ADNEC was committed to expanding the venue’s offering. He also highlighted new investments being made by other businesses around Excel, such as Siemen’s £30m Sustainability Centre, which is due to open in 2012.
Pegler also praised the Mayor of London’s plans for a new cable car system linking Excel to The O2.
“We have to create world-class facilities to enable to have world-class meetings and events,” Pegler added. “Our commitment to investing for the benefit of the events industry is how we measure our success.”
ADNEC Chief Sales and Marketing Office Humaid Matar Al Dhaheri has also said there are plans to build a new multi-purpose arena on its Abu Dhabi site, subject to local approval.
Speaking to CN at ADNEC’s Excel London centre, he said the Abu Dhabi venue was looking at designs for a new facility able to seat 13,000.
Humaid Matar Al Dhaheri said the new space could complement the facility’s exhibition and convention offerings, as well as a new 35,000sqm outdoor grandstand area, which was launched earlier this year to host live events.
“We’re actively getting feedback from organisers on our plans,” Al Dhaheri said. “We want to provide a best practice venue.”
Excel London MD David Pegler said the new arena plan, subject to finalisation, was another example of ADNEC’s efforts to grow the global events market. ADNEC also took the wrappers off the first phase of a new convention centre in the eastern Abu Dhabi city of Al Ain in May.  
“This arena is a clear indication of ADNEC’s investment into the industry,” Pegler said.
Do you have news for CN? Email: pcolston@mashmedia.net

Paul Colston


Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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