L+R in 50/50 partnership with Starwood Capital acquired the hotel in 2010.
Landmark 1,019-key hotel situated on a prime corner site directly opposite Marble Arch and Hyde Park Corner. Built over Marble Arch underground station with prominent frontage on Oxford Street. The ground floor includes two redeveloped self-contained retail units on Oxford Street each with large basement areas let to Footlocker, ITSU and a retain unit fronting Oxford Street and great Cumberland Place let to Pret a Manger.
Excellent location which has a very high footfall (over 15 million entry/exits per year from Marble Arch tube station) which supports the high value hotel and retail use.
Long leasehold (until September 2102) with Portman Estates.
