Lamington Group secures £41.75m loan for net zero ‘hometel’ in York

Long-standing ASAP Operator Member Lamington Group has secured a green development and investment loan of £41.75m from Coutts Commercial to fund the construction of a new net zero ‘hometel’ in York.

The 116-room Room2 York will be the company’s first site in the North of England, and is due to open in spring 2027.

It will be built to whole-life net zero standards featuring reclaimed materials, solar panels and CO₂-controlled ventilation.

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