A tender process has now been opened to appoint a management company to operate the new £20m hotel, along with the university’s event facilities - Nottingham Conferences – and the East Midlands Conference Centre.
The deadline to apply for the work is 30 May and the contract is expected to run for five years.
The University of Nottingham announced plans in December to develop the new hotel on its main University Park campus.
The eco-friendly hotel will feature at least 50 executive-style rooms, four boardrooms and a gym as well as a restaurant and bar which will be open to the public.
The new hotel is expected to complement the existing facilities provided by the EMCC, which celebrated its 25th anniversary in 2010.
University of Nottingham vice chancellor David Greenaway said: "Although the hotel will complement the hugely successful EMCC, it will generate income in its own right, providing accommodation for the general public, local businesses and university visitors."