I never said you did. I was just thinking aloud.
City will probably build one hotel to start off with, see what the demand is like, and if the hotel is constantly full via matches, concerts, events, conferences, etc, then they’ll probably build another hotel. It also depends on the size of the hotel and how many rooms it has. One hotel with 100-200 rooms could be enough? With 2 hotels City can cater for different budgets and requirements, City fans, concert goers, tourists and visitors to Manchester, business people, conference people, artists, etc.
The 4 hotels near the Trafford Centre always seem to be rammed.