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Sunday, May 31, 2020

Al Habtoor acquires London hotel

by Joanna Andrews

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Khalaf Ahmad Al Habtoor has purchased his first hotel in London. Joanna Andrews takes you on a journey to the ideally placed Hilton London Wembley, situated a stone throw from key landmarks in the vibrant city.

Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group has added another string to his bow, snapping up the Hilton London Wembley hotel in a move to boost the Al Habtoor Group’s international hospitality portfolio.

Khalaf Ahmad Al Habtoor said, “I am delighted with the addition of the Hilton London Wembley. I have been looking at the London market for some time. The hotel is in an ideal location. It is close to the iconic Wembley Stadium, Heathrow Airport and the centre of London.”

The contemporary hotel, which first opened in 2012, boasts 361 rooms and suites spread over nine floors, an indoor swimming pool, fitness centre complete with sauna and steam rooms. It also consists of a restaurant, two bars, 11 meeting rooms and a ballroom. The hotel benefits significantly from its proximity to Wembley Stadium, the SSE Wembley Arena and the London Designer Outlet. It is located right next to great transport links.

Visitors can reach central London within 10 minutes and the West End within 20 minutes giving them an array of options.

The hotel directly faces Wembley Stadium, home to the English National soccer team. The Stadium can host around 90,000 spectators for major sport events and concerts. On average, the stadium attracts three million visitors a year.

The Hilton London Wembley is situated in an area that is currently undergoing significant development – which includes an 85 acre regeneration project involving the development of large-scale retail, residential, offices and entertainment facilities.

The purchase brings the total number of hotels in Al Habtoor Investment’s – part of the Al Habtoor Group - international property portfolio to six. The Group has two Hilton-branded hotels in Lebanon (Hilton Beirut Habtoor Grand Hotel, Hilton Beirut Metropolitan Palace), one in the United States (President Abraham Lincoln Springfield – a DoubleTree by Hilton Hotel). In addition the Group has two five-star hotels in Hungary (InterContinental Hotel Budapest, The Ritz Carlton Budapest).

In December 2015 Al Habtoor said he had allocated AED 2 billion for overseas investments in 2016.

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