Nadine Coyle To Invest £1 Million Into Hollywood Hotel

Nadine Coyle's next business venture will be a lavish Hollywood-based hotel, that will see the Girls Aloud singer investing more than £1 million into the property (around $1.70 million).

This is not the first non-music project from the Irish singer - she already owns a Mexican restaurant, a candle shop (with a chain of stores being planned) and several properties.

"She has been searching for the right place for a while," a source tells The Sun. "The hotel will be done out with an old fifties Hollywood theme."

"It will be a trendy boutique hotel and she hopes to turn the bar into an exclusive celebrity hang-out. It's another exciting addition to Nadine's portfolio. She's quite the businesswoman."

The insider also revealed Girls Aloud have a lot of money in their pockets: "People think the girls haven't made much money. That was true for a while but it's all changed now."

"Nadine has been especially shrewd. She has two bars and a restaurant and they have been doing really well."

This morning it was rumoured Nadine is dating American football player Jason Bell.