The 351-bedroom Arora Hotel Heathrow is set to be rebranded following its acquisition by Singapore-based real estate investment company M&L Hospitality.
An undisclosed sum off a guide price of £45m was paid for the property, which came to market after a refinancing deal resulted in US hedge fund Davidson Kempner assuming ownership from its founder, Arora Hotels.
It is yet to be confirmed which new flag will fly above the hotel or who will take over its operation from Arora Hotels.
Built in 1999, the hotel features a restaurant, bar and meeting rooms for up to 100 delegates.
Jeremy Jones, head of hotels brokerage at Christie + Co, the property company which negotiated the deal, said: "This is a prime piece of hotel real estate, which piqued interest from major players from domestic and international players from around the globe looking to enter or expand their presence in the UK."
Arora Hotel Heathrow goes on the market for £45m >>Latest video from The Caterer