Dorsett Hospitality set to open second hotel in London

03 October 2012 by
Dorsett Hospitality set to open second hotel in London

Asian group Dorsett Hospitality International is to develop a second hotel in London, after acquiring a nine-storey office building in the City.

Located in Aldgate High Street, the Matrix House building - bought out of administration for £14m - will be converted into a 260-bedroom hotel, with the addition of three floors, at a cost of £21m.

It will be the second hotel for Dorsett, which is set to open a new 242-bedroom hotel on the site of the former Pavilion Cinema in Shepherd's Bush, in 2014.

Winnie Chiu, president and executive director of Dorsett, said: "We consider the United Kingdom as one of the most popular destinations for tourists and business travellers around the world. Major European countries including the United Kingdom are attracting an unprecedented number of Chinese tourists."

Chiu added that the group is looking at a projected room rate of £127 to £147 and an occupancy rate of 75% to 82% at the City hotel.

Dorsett Hospitality International, previously known as Kosmopolito Hotels International, currently operates 17 hotels in locations including Hong Kong, Shanghai and Kuala Lumpur and is developing an additional seven properties. The group owns and manages four hotel brands - the upscale Grand Dorsett, Boutique Series by Kosmopolito, midscale business brand Dorsett Regency and value brand Silka Hotels.

Kosmopolito to develop 242-bedroom hotel in Shepherd's Bush >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs

Looking for a new job? Find your next job here with jobs

Blogs on ]( Catch up with more news and gossip on all Caterer's blogs
[E-Newsletters]([ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking