MWB agree deal for Malmaison Dundee hotel

MWB Group Holdings has announced plans to open a Malmaison-branded hotel in Dundee, UK.

When open in 2013, the 91-bedroom will become MWB's first new hotel since the group concluded a refinancing agreement in 2011.

Dundee Malmaison will be created on the site of the old Tay Hotel, a listed city centre landmark building, and facilities will include a spa and a fine dining restaurant.

The development of the hotel forms part of the substantial £1bn Dundee Central Waterfront Development that forms an integral phase in the city's multibillion regeneration of its historic waterfront which includes a new £45m V&A museum.