Celtic Manor Resort £160m Expansion Confirmed
Wednesday, 6th June 2012Exciting plans for a £160m expansion of the Celtic Manor Resort at Newport have been confirmed. The venue, which hosted the 2010 Ryder Cup golf tournament in Wales, said it would create 230 new permanent jobs, and 700 in construction and supply for the area. The hotel currently has 409 rooms. The resort already employs 740 people, with 300 more in seasonal employment. Now ten new luxury chalets and 40 apartments will be built at the resort, owned by billionaire Sir Terry Matthews. Also plans to build Europe's longest zip wire attraction at the resort will be unveiled in August. Sir Terry said "The Ryder Cup was not the finish line and the hotel is simply work in progress. The investment in these five-star luxury chalets is an extension of the hotel and will provide extra capacity." Simon Gibson, chief executive of Sir Terry's investment fund Wesley Clover, said the development would unfold over a 10-year period. The resort also revealed that plans are being finalised for a Sky Wire Wales attraction, featuring a one-mile series of zip wires carrying users from the hilltop resort across the River Usk. Last October a financial impact study carried out by Ryder Cup Ltd concluded that the tournament at the Celtic Manor Resort injected an additional £82.4m into the south Wales economy. An estimated £28m of that went directly to Newport companies, it said.