Four London hotels are set to be rebranded as Leonardo properties following their sale from Grange Hotels to Queensgate Investments in a deal understood to be around £1b.
The 307-bedroom Grange City, 201-bedroom Grange Holborn, 460-bedroom Grange St Paul's and 370-bedroom Grange Tower Bridge hotels have been acquired by Queensgate, which owns Generator Hostels and the Holiday Inn London Kensington Forum.
The Israeli-based Fattal Hotel Group has acquired the long-term lease on all four hotels, marking its first entry into the central London market. The hotels will be operated by Jurys Inn & Leonardo Hotels UK and Ireland, Fattal's European arm.
You need to be a premium member to view this. Subscribe from just 99p per week.
Already subscribed? Log In