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News 8/02/2005   

Shangri-La for Europe with London hotel deal
 
Shangri-La Hotels and Resorts is to enter the European market after signing a 30-year lease on a London development.

The group will build and manage a hotel at the new London Bridge Tower in central London.

The 195-room hotel will open in late 2009 and is the first newly built five-star hotel in the central London area in over a decade.

The London Bridge Tower is on the south bank of the Thames River diagonally opposite the Tower of London.

It is expected to be the tallest building in Europe at 310 metres.

The hotel, with a dedicated entrance at street level, will occupy floors 34 to 52 of the 70-storey building.

The tower will also include shops, offices, restaurants, residential accommodation and public viewing galleries.

8 February 2005


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