Landmark owner buys Kensington hotel
The company that owns London's Landmark and Royal Lancaster hotels has bought a third property in London.
It has acquired the 226-bedroom Kensington Hotel, in west Kensington, for an undisclosed sum.
The hotel, built in 1998, has four-crown accreditation from the London Tourist Board.
The Lancaster Landmark Hotel Company, which is Thai-owned, said it would be investing "substantial resources" in improving the Kensington Hotel.
Jatuporn Sihanatkathakul, managing director of the company, said: "We have been looking for some time for a suitable third London property that met our main criteria - a quality hotel in an area of unrealised potential.
"Considering that west Kensington is undergoing an extensive regeneration programme and has a need for first-class business accommodation, we are delighted to realise this project."
The four-star Royal Lancaster hotel has 416 bedrooms and the five-star Landmark has 303.