- Friday, April 19, 2024
By: Radhakrishna N S
Hospitality giant, Hilton is focusing to boost its business in the UK further after announcing a £200m investment partnership with private equity firm Dominvs Group today (28) with an objective to build three new hotels in London and one in Bath.
Among the latest acquisitions are two hotels on either side of the Square Mile, with Creed Court Hotel by St Paul’s Cathedral and Hampton Hotel in Aldgate. Over 500 rooms are set to be brought unto the market as part of the four new projects which constitute Hilton’s rapidly growing portfolio of over 180 hotels in the UK.
The projects also included a Marylebone hotel under its new ‘Motto’ urban lifestyle brand.
In the next 24 months, the hospitality chain aims to start around 40 hotels across London, Birmingham, Liverpool, Leeds, Manchester, and Glasgow.
“We’re seeing growing consumer demand at every price point and these hotels will add exceptional new rooms in prestigious urban locations,” said Patrick Fitzgibbon senior vice president of development in Hilton’s Europe, Middle East and Africa operations.
Sukhpal Ahluwalia, founder and chairman of Dominvs Group, said, “as we continue to grow our presence in prime UK destinations, we’re pleased to extend our partnership with Hilton. In addition to the world’s first Motto by Hilton hotel, our planned properties in London and Bath under Curio Collection by Hilton and Hampton by Hilton will be important additions to our portfolio.”
