The opening of Admiralty Arch WALDORF ASTORIA is due to make a significant impact on the London Luxury Hotel Market
WALDORF ASTORIA HOTELS & RESORTS, formerly THE WALDORF-ASTORIA COLLECTION, is a HILTON WORLDWIDE luxury hotel and resort brand.
It is positioned as the flagship brand within HILTON´s portfolio, being
used on hotels which offer the highest standards of facilities and
service.
press release by WALDORF ASTORIA HOTELS & RESORTS
editing by Earl of Cruise
LONDON - WALDORF ASTORIA HOTELS & RESORTS
has been appointed by PRIME INVESTORS CAPITAL Ltd to operate the luxury
hotel within one of the capital's best-known and most prestigious
monuments. Admiralty Arch WALDORF ASTORIA, London will open in 2022,
following an extensive on-going refurbishment programme which will
restore and protect the iconic landmark's architectural and historical
features.
Admirality Arch
Admiralty Arch was commissioned by King Edward VII in memory of Queen
Victoria, and was designed by Sir Aston Webb, who was also responsible
for The Mall and main facade at Buckingham Palace. In addition to
housing the official residences of the First Sea Lords, Admiralty Arch
has served as a centre for clandestine wartime intelligence efforts, a
Royal Navy outpost, and latterly as a centre for the UK Government's
Cabinet Office. Following a rigorous and thorough official tender
process Prime Investors Capital Ltd outbid 28 institutional bidders from
all over the world in order to acquire the 250-year lease of the
property in 2015.
Since construction of the building was completed in 1910, Admiralty
Arch has hosted leading figures of state and society, from Sir Winston
Churchill - whose office was based within the arch when he was First
Sea Lord of the Admiralty - to author of the James Bond spy novels Ian
Fleming. Situated in one of London's most prestigious addresses,
Admiralty Arch offers unmatched views down The Mall to Buckingham
Palace, and commanding vistas across Trafalgar Square and Nelson's
Column.
Admirality Arch investor
Rafael Serrano, Chief Executive Officer, Prime Investors Capital Ltd said: "Since 2015 when we acquired Admiralty Arch from the British
Government, we have made many decisions that will impact not only the
future of the building and the local area, but also the profile of the
very heart of London. We have appointed a team of talented experts with
the experience and knowledge to capture the spirit of this magnificent
building. We have created a detailed plan to transform Admiralty Arch
into an extraordinary Hotel, Residences and Private Members Club. And
one of the most important decisions we have made is to select and
appoint the operator to whom we will entrust the management and running
of this hotel. Further to interest and discussions with 12 top luxury
hotel brands, we are delighted to announce the creation of Admiralty
Arch Waldorf Astoria, London. The Management of PRIME INVESTORS CAPITAL Ltd and WALDORF ASTORIA
hold many things in common: a commitment to enhance the heritage of
this remarkable, elegant building; a determination to preserve its sense
of place; and the experience needed to provide superb hospitality to
discerning guests from London and around the world. As the proud owners
of Admiralty Arch, we have every confidence that, together with WALDORF ASTORIA, we will ensure that this London landmark enters the next
chapter of its life in safe hands and maintains its iconic standing in
the capital."
WALDORF ASTORIA operator of Admiralita Arch Hotel
Christopher J. Nassetta, President & Chief Executive Officer, HILTON said: "This agreement marries the timeless elegance of WALDORF ASTORIA with
the historic grandeur of one of London's great monuments. Projects of
this calibre are rare, and Admiralty Arch WALDORF ASTORIA will provide a
truly unforgettable hospitality experience when it opens to guests. WALDORF ASTORIA has a legacy of protecting and enhancing historical
buildings, from our flagship hotel in New York, which is currently
undergoing a comprehensive refurbishment to protect the art deco
building for future generations, to this incredible property in London.
This partnership brings our iconic luxury brand to London's finest
address, and we're proud to partner with PRIME INVESTORS CAPITAL Ltd to
introduce WALDORF ASTORIA to London."
Admiralty Arch WALDORF ASTORIA will include 96 spacious and luxurious
hotel rooms and suites, and three world class restaurants. Plans
include a rooftop bar with sweeping views across London's skyline,
private meetings and event spaces, as well as a state of the art spa.
Luxury private residences and an exclusive Private Members Club and
other exclusive Food and Beverage components will join the hotel within
Admiralty Arch.
Councillor Robert Davis MBE DL, Deputy Leader and Cabinet Member for
Business, Culture and Heritage, Westminster City Council said: "I have worked with PRIME INVESTORS CAPITAL Ltd for a number of years.
First on the creation of the BVLGARI HOTEL in Knightsbridge and more
recently on their extensive plans to restore and refurbish Admiralty
Arch into a luxury hotel. This extraordinary project is going to make a
huge impact on Central London by opening up to the public an iconic
building standing at the end of The Mall and adjacent to Trafalgar
Square. The outstanding team that PRIME INVESTORS CAPITAL Ltd has assembled -
together with a variety of expert advisers - make me confident that PRIME INVESTORS CAPITAL Ltd has shown the commitment and the vision to
ensure that this project will be an enormous success. The hotel will be
an important addition to the City of Westminster as well as to London as
a whole - at a time when tourism and travel is so important for our
country."
What impact Brexit will have, and if there is a deal in time, hopefully! with the EU - deadline March 31st, 2019 is the big uncertainty for British economy as tourism. Anything, especially in the luxury branch of tourism will be a good thing - as the luxury travellers are not that effected by Brexit results as the mass market.
Earl of Cruise
The team - Michael Blair, David Mlinaric and Andrew Damonte
Work is already underway to sensitively restore the building's
original features, and an internationally celebrated design team is in
place, led by Michael Blair and David Mlinaric. Michael Blair's work
includes the restoration and extension of THE RITZ, THE CONNAUGHT and
CLARIDGE´s hotels. David Mlinaric's body of work includes The Royal
Opera House, The Victoria & Albert Museum, The National Gallery and
the British Residences in London and Paris.
Historical interiors expert Andrew Damonte completes the design team.
Andrew Damonte has worked alongside David Mlinaric on the restoration
of Dumfries House in Scotland for HRH The Prince of Wales.
Admiralty Arch WALDORF ASTORIA, London joins 26 WALDORF ASTORIA HOTELS & RESORTS in the world's most sought after destinations.
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