Search
The Caterer

London Town buys London Crown in £15m deal

11 August 2004
London Town buys London Crown in £15m deal

Independent hotel franchisee London Town Hotels has bought the 95-bedroom London Crown hotel near Paddington station for a rumoured £15m.

The deal includes two restaurants on the ground floor that are leased to McDonald's and Garfunkel's.

The property will undergo a £2m renovation, transforming it into a contemporary hotel with high-speed internet access and other state-of-the-art facilities.

London Town Hotels, which operates properties under the Quality, Comfort, and Country Inns & Suites brands, already owns the Quality Hotel Paddington in nearby Talbot Square.

The group said it had been approached by several major hotel brands which wanted to run the newly acquired hotel under their flags and that it would make a final decision on its franchise partner soon.

Source: Caterer & Hotelkeeper magazine, 12 August 2004

The Caterer Breakfast Briefing Email

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

Sign Up and manage your preferences below

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.

close

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.