"So really, everything is ready for work to start. We have advertised in the European Journal so the tender process is under way for the building contracts.
"I would anticipate the start of the rest of the works within the next four weeks."
The hotel is set to become a shrine to the Beatles. The plans even link the basement of the building to the Cavern via a tunnel.
Each floor will be dedicated to a Beatles album and each room decorated with murals by Hollywood air-brush artist Shannon.
No space will be wasted in telling the musical history of the Beatles. Even the rooftop will have a penthouse suite designed to echo the famous rooftop concert when the Beatles played their last ever gig.
Bill says: "The hotel completely consolidates and unites the Beatles Industry."