I think it probably is the same one, Acorn4. I only stopped working in Leicester about 4 years ago (and am back now - tomorrow, in fact).
Yes, the Holiday Inn is a total abomination.
I don't like the look of the new Highcross - I've not been inside it yet. I used to find the bloody Shires overwhelming! Thinking about popping in next week after work for a mooch round...