The Greenwich Peninsula Hotel
The Greenwich Peninsula Hotel, London, Greenwich North will provide much needed accommodation to over 2 million visitors to The O2 and competitive accommodation to business tourists visiting Canary Wharf yearly. The hotel will be managed by Interstate Hotels the world’s leading global hotel management company with over 450 hotels and 82,800 rooms located around the world.
London: The World’s Capital
London is the globes unrivalled capital. With an estimated 18.70 million international visitors it was the world’s most visited city in 2014 and the world’s largest financial centre with $1.85 Trillion daily turnover of financial transactions.
London has also become the capital of the world’s wealthiest, with more billionaires than any other city. London has 72 residents whose fortunes exceed 1 billion pounds ($1.6 billion). That’s well ahead of Moscow, at 48, New York, at 43, San Francisco at 42, Los Angeles at 38 or Hong Kong at 34.
The Hotel Market
2014 was a ‘record breaking year’ for the London hotel market as 3.4% growth takes Average Daily Rate (ADR) to an all-time high of £141.60.
In 2015 things are getting even better as hoteliers capitalise on the good times. A 5% jump in rates takes ADR to £148.70 with occupancies amongst the highest in the world touching 83%.
London vs The Provinces
In the provinces growth will be sustained, albeit at a slower pace than London with growth of 1.1% pushing ADR to almost £60 in 2014. Occupancy is expected to nudge up by 0.3% this year (2015), as occupancy tops 73%. ADR could see further growth of 2% this year lifting rates over £60 – the highest since 2008.
London Hotel Prices
London hotel property prices have reached a new high of £500,000 per room, which is more expensive than an average London flat (£417,234), according to Colliers International.
The real estate services company analysed more than 2,500 two to five-star standard hotel rooms that transacted in London over the last two years at an aggregate price of £1.5bn – which showed the average transaction price taking place at around £500,000 per bedroom.
It found that the average price of a room in a two to three-star hotel was worth £263,000, a room in a four-star hotel was priced at £540,000, while five-star rooms cost £738,000.
Record prices for prime hotels were also found to exceed £1m per room. Colin Hall, head of London hotels agency at Colliers International, said:
“Overseas buyers and some UK funds will now happily take a net initial yield of 4.5%, but even this is seldom available. Owners are just not incentivised to sell with interest rates continuing to run along the floor. They would rather leave their money where it is. London hotels are seen as a very safe long term bet both for running yields and capital appreciation.”
Situated in the heart of cities and in other major centres of activity, Greenwich Peninsula is a 3 Star Premium establishment. Each hotel has its own distinct personality reflecting an energetic brand spirit catering to both individuals and families travelling for either business or leisure.
Simplicity, interactivity, quality and conviviality are the brand’s core values. In a place that blends connectivity with design and comfort each ibis Styles room makes a liveable, multi-purpose space where everything has been specifically designed for guests to recharge their batteries, rest or work.
Modern bathrooms with designer fittings
High quality furniture inc. luxury double bed
Floor to ceiling black out curtains
Wall hung LCV TV
High speed 100MB broadband
Secure entrance door with swipe access
Located at the heart of the Greenwich Peninsula the The Greenwich Peninsula Hotel London in Greenwich North is less than a 10 minute walk or 1 stop on the bus to the O2 Arena Entertainment District, Ravensbourne University College, North Greenwich underground station and the iconic Emirates Airlift.
5 minutes to University of Greenwich
5 minutes to Royal Borough of Greenwich
5 minutes to UNESCO World Heritage Site
6 minutes to National Maritime Museum
7 mnutes to Excel London
10 minutes to London City Airport
Residents have direct access via the Jubilee Line to:
Canary Wharf (2 minutes)
London Bridge (8 minutes)
Waterloo Station (12 minutes)
Westminster (13 minutes)
Bond Street (20 minutes)
East to Stratford International (8 minutes)
ROOM TYPE: Superior Room £159,995
From 17m2 the Superior Room is ideal for those looking for a comfortable yet economical stay featuring the ibis Styles signature luxury double bed, en suite bathroom with power shower, hair dryer and free toiletries. The room has a flat screen wall mounted TV with a wide selection of pay-per-view movies, tea and coffee-making facilities.
ROOM TYPE: Executive Room £169,995
From 18m2 the Executive Room is ideal for those looking extra space and a functional working area featuring ibis Styles signature luxury double bed, en suite bathroom with power shower, hair dryer and free toiletries. The room has a flat screen wall mounted TV with a wide selection of pay-per-view movies, a work desk, tea and coffee-making facilities.
ROOM TYPE: Family Suite £195,000
From 28m2 the Family Suite is ideal for executives looking for a luxurious space or small families looking for a suite that can accommodate up to 2 adults and 2 children. The suite includes a functional working area featuring ibis Styles signature luxury double bed, en suite bathroom with power shower, hair dryer, free toiletries, a coffee making machine and mini-fridge. The room has a flat screen wall mounted TV with a wide selection of pay-per-view movies, a work desk, tea and coffee-making facilities.
Completion expected Aug 2016
Lease length 250 years
Non optional developer buyback
For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474 We can send you:
Availability, Price List,
Details on the Assured Rental.
If you wish to reserve online please request the reservation form.
Please ask us any questions that you may have!