D&D London is to make its debut in the hotel market, with a boutique property in the City of London, it announced today.
The restaurant group has signed a deal with Frogmore to develop and operate an 80 bedroom boutique hotel at South Place, off Moorgate in the heart of the City.
Plans include a Bar and Grill on the ground floor and a seventh floor rooftop restaurant and bar with an outdoor terrace overlooking the City skyline.
Des Gunewardena, chairman and CEO of D&D London said: "This will be D&D's first hotel. I think it's a gem of a site and especially after our Great Eastern experience I am very confident that we can make a success of it. We are also very pleased to be working with Frogmore. I have known Paul White and his team for many years. They understand our aspirations for the site and I am sure will prove excellent development partners for us."
The development is set to begin in 2010, with a view to opening in 2012.
D&D London is 49% owned by Des Gunewardena, David Loewi, their management team and financial backers, and 51% by Conran Holdings. The group currently owns and operates 30 restaurants in London, Paris, Copenhagen, New York and Tokyo.
Management buyout deal at Conran completed >>
By Emily Manson
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