Properties / Hotels

Peninsula Hotels Is Coming To London

Plans for the first Peninsula hotel in London have moved a step forward with the formation of a new partnership to develop a site overlooking Hyde Park and Buckingham Palace.

Aug 01, 2013 | By Luxuo

1-5 Grosvenor Place

The owner of the Peninsula hotel brand, Hongkong & Shanghai Hotels (HSH), has unveiled plans to launch its first property in London.

An agreement signed with UK-based Grosvenor will see HSH purchase a 50% interest in the central London address, 1-5 Grosvenor Place, and redevelop the site as a Peninsula Hotel.

While specific details about the new Peninsula London have not been released, the property will form part of a new mixed-use development covering more than 6,000m² according to Traveldailymedia.com

The site overlooks London’s Hyde Park and is located opposite the gardens of Buckingham Palace.


 
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