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Crimson Hotels buys Hesperia London Victoria for £55m

17 October 2011 by
Crimson Hotels buys Hesperia London Victoria for £55m

Independent hotel firm Crimson Hotels Group has bought the Hesperia London Victoria hotel from Hesperia Hotels for around £55m.

The 212-bedroom hotel will be rebranded as a DoubleTree by Hilton in January 2012 following a refurbishment, under a franchise agreement with Hilton Worldwide.

The deal means that Crimson will have two DoubleTree by Hilton properties, out of its total estate of 12 hotels across the UK, Portugal and Dubai.

Hilton Worldwide has Europe's largest number of hotel rooms in development >>

Silvena Rowe at Quince at the May Fair >>

London's Park Inn Hyde Park sold for £35m >>

By Neil Gerrard

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