A 196-bedroom, high-rise Hilton hotel is to form the focal point of a £500m regeneration project in the centre of the Surrey commuter town of Woking.
Due to open in 2021, Hilton Woking will be operated by Hilton Worldwide following the signing of a management agreement with Bandstand Square Developments (BSDL), a joint venture between Moyallen, the owner of the nearby Peacocks Shopping Centre, and Woking Borough Council.
The development, known as Victoria Square, will include 390 apartments, extensive retail space, a medical centre and two public plazas. Planning permission for the project, which will be financed by the Public Works Loan Board, was granted in December.
Patrick Fitzgibbon, senior vice-president, development, EMEA, Hilton, said: "Hilton Woking joins Hilton's impressive portfolio of more than 160 trading and pipeline hotels in the UK and Ireland.
Cllr John Kingsbury, director of BSDL and leader of Woking Borough Council, added: "We look forward to working with Hilton on this terrific project. Together we will create a hotel that sets the standards of exceptional hospitality in the UK."
Hilton Woking will feature a lobby bar, all-day dining restaurant, Sky Bar, and an on-site coffee shop, and a 540 sq m ballroom for up to 500 guests. It will become the second hotel from Hilton Worldwide in Woking, following the opening of the 170-bedroom Doubletree by Hilton in 2015.
Earlier this week, Hilton Worldwide announced the launch of its 14th brand, Tapestry Collection by Hilton, a mid-market offer for independent hotels. The company currently has 4,900 properties worldwide, including 570 operating under the Hilton Hotels & Resorts brand.