M&C to reopen London hotel after £50m revamp
Singapore
MILLENNIUM & Copthorne Hotels' (M&C) Millennium Hotel London Mayfair, which was closed for renovation last year, will reopen as The Biltmore, Mayfair under Hilton Worldwide Holding's new LXR Hotels & Resorts luxury hotel collection.
This will be Hilton's first European hotel under its LXR collection in London and comes under a management franchise agreement, which allows greater involvement of the owners while an appointed operator runs the hotel for the initial few years.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Australia’s housing rent hits record high in headache for RBA
Airbnb promises to combat sex work in rentals during Paris Olympics
Hong Kong property deals hit three-year high in April
More homes planned in Media Circle to support housing demand
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise