Search
The Caterer

Tune Hotels opens third London property

25 June 2012 by
Tune Hotels opens third London property

Fast-expanding budget brand Tune Hotels has opened its third property in London today, and will launch a fourth next month.

The 137-bedroom Tune hotel Paddington is the latest opening for the Malaysian-based group, which already has properties in Westminster and Liverpool Street. It is located 300m from Edgeware Road tube station and incorporates a coffee shop.

In July, the 217-bedroom Tune hotel Kings Cross will open in a former office building, Swinton House. All four hotels are offering bedrooms from £35 per night.

Chief executive of Tune Hotels, Mark Lankaster, said that the company is on target to open 1,500 bedrooms in London by 2016 and will open its first property outside the capital - a 179-bedroom hotel in Edinburgh - in December.

Tune Hotels was set up in 2007 by Tony Fernanades, the Malaysian entrepreneur behind low-cost airline AirAsia. Like low-cost airlines, the concept of Tune Hotels is based on an internet-driven marketing model, where pricing is linked to demand with early bookings offering guests low rates.

A group of investors set up Raag Hotels in 2010 to finance - at a cost of £100m - the expansion of Tune Hotel's franchised properties in London and has engaged Queensway Hotels to manage its assets.

Tune Hotels to expand to Liverpool and Edinburgh >>

Tune Hotels acquires second UK site >>

Tune Group and Queensway to develop 15 London hotels >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

Tabletalk
Tabletalk
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 www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

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

Blogs on Catererandhotelkeeper.com ](http://www.catererandhotelkeeper.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-Newsletters](http://www.catererandhotelkeeper.com/email-newsletters.htm)[ 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

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.