Hilton has entered into a £200m investment partnership with private equity firm Dominvs Group to continue the growth of its UK portfolio.
The hotel group aims to open nearly 40 hotels across London, Birmingham, Liverpool, Leeds, Manchester and Glasgow over the tnext two years.
The extended partnership will boost the London portfolio with the acquisition of Creed Court Hotel by St Paul’s Cathedral and Hampton Hotel in Aldgate.
The latest plans include new builds, with the construction of three more hotels in London and one in Bath, one of which will be in Marylebone under its newly launched Motto urban lifestyle brand (pictured).
“We’re seeing growing consumer demand at every price point and these hotels will add exceptional new rooms in prestigious urban locations,” commented Patrick Fitzgibbon senior vice president of development in Hilton’s Europe, Middle East and Africa operations.
Sukhpal Ahluwalia, founder and chairman of Dominvs Group, noted, “As we continue to grow our presence in prime UK destinations, we’re pleased to extend our partnership with Hilton. In addition to the world’s first Motto by Hilton hotel, our planned properties in London and Bath under Curio Collection by Hilton and Hampton by Hilton will be important additions to our portfolio.”
There are currently over 180 hotels trading or under development in Hilton's UK estate.