European aparthotels business, Adagio, has open its first UK property in Liverpool.
The 126-apartment complex on Fairclough Street opened to the public on Wednesday.
Aparthotels Adagio is part of a joint venture between the Pierre & Vacances Centre Parcs Group and Accor.
The aparthotel is part of the £26m development of the former Lewis's department store, one phase of the wider £160m Central Village scheme being developed by Merepark.
After the opening of Liverpool, Adagio says it has plans to open an aparthotels site in Manchester.
Vangelis Porikis, Aparthotels Adagio director for central & Northern Europe, explained why Liverpool was chosen as the location for the first Adagio Aparthotel in the country.
He said: "First of all we had the fantastic opportunity to launch our chain of aparthotels in a genuinely iconic building in the heart of Liverpool. I have heard Liverpudlians say "Lewis's was Liverpool" – that's how much this building means to the city.
"Secondly Liverpool is a city of the move. The renaissance started by the 2008 Capital of Culture status, the launch of Liverpool ONE and the multi-million-pound investment into the historic waterfront is continuing with this fantastic Central Village development.
"There is a huge demand for accommodation here and we believe we can bring something very different into the mix."
Aparthotels Adagio Liverpool offers apartments with a fully equipped kitchen and hotels services. Rooms vary in size, but the studio apartments are about 270 sq ft on average, and the one-bedroom apartments are about 430 sq ft.
Rates start a £57.00 per night on stays of 90 or more nights for a studio apartment. Short-stays of one to three nights start at £70.00 for a studio apartment, and £90.00 for one bedroom apartment.
Adagio has a European expansion plan to add 60 aparthotels in the next three years bringing the total to 150 properties worldwide, with more than 19,000 individual apartments.