Four Seasons Hotels and Resorts is set to open a fourth property in the UK following its appointment to operate the luxury hotel currently being developed within the City of London's iconic Ten Trinity Square building.
Overlooking the Tower of London, the Grade II-listed property formerly housed the Port of London Authority. It is now being transformed into a 98-bedroom hotel with two restaurants and spa by its owner and developer, the Reignwood Group, which is based in China.
The development will also include 41 private residences and a private members' club.
It had been previously been announced that Franklyn Hotels and Resorts would manage the hotel.
Ten Trinity Square was originally designed by architect Sir Edwin Cooper and opened in 1922 by Prime Minister, David Lloyd George. In 1946 it hosted the reception for the inaugural meeting of the General Assembly of the United Nations.
Allen Smith, president and chief executive of Four Seasons Hotels and Resorts, said the company is "thrilled" to be involved in the transformation of what is a "unique and exquisite London landmark".
"As the city continues to be a destination of choice for the world's most discerning leisure and business travellers, Ten Trinity Square will be an excellent complement to our two existing hotels at Park Lane and Canary Wharf, and expand our presence in this critically important market," he added.
Songhua Ni, president of Reignwood Investments UK, said the collaboration with Four Seasons will help "to significantly raise" the standard of luxury hospitality and living in the City of London.
"Reignwood Group is extremely proud to have acquired and to be restoring London's landmark Ten Trinity Square, demonstrating our long-term commitment to the UK," he explained. "The revival of this building reflects our respect for British culture and history."
As well as currently operating operates two hotels in London, Four Seasons as also manages a property in Hampshire. The group, which manages 93 hotels worldwide, recently lost the opportunity to operate a hotel within the yet-to-be built Heron Plaza tower, near Liverpool Street Station in the City of London, following the sale of the development site by Heron International.