Pandox completes $303.9m acquisition of three aparthotels in London, UK
Pandox expects the new additions to contribute around £34m in annualised revenues.
30 August 2024
30 August 2024
Pandox expects the new additions to contribute around £34m in annualised revenues.
The hotels, currently operating under Crown Palais brand, offer a total of 539 rooms.
Expected to open in 2027, the hotel will have 198 guest rooms across its signature categories – Cosy, Roomy, and Biggy.
The interiors of Next Evolution Style rooms include enhanced lighting, floor-to-ceiling curtains and double shower heads.
The PoC is expected to help the hotel group to integrate its own mobile application with Zaplox's mobile key services.
Situated within ten acres of landscaped grounds, the hotel will be managed by Cliste Hospitality.
The partnership aims to drive sustainable growth for both hotel brands internationally.
The hotel joins The Unbound Collection by Hyatt brand, expanding the company’s portfolio across Europe, Africa, and Middle East.
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