pounds 10-a-night hotel plan for County Hall
Wednesday 06 December 1995
One of the country's leading brewing companies, Whitbread,has signed a deal with Shirayama Shokusan, the Japanese owners of the building on the South Bank, to develop a 200-room, four star Marriott hotel and a 318-room Travel Inn budget hotel.
Alan Parker, managing director of Whitbread's hotel division, said prices at the budget hotel would be pitched at just over pounds 40 a night for a room sleeping up to four people.
Staying at the Marriott, however, will be more expensive. Rates at the Marriott in Grosvenor Square start at pounds 140 a night for four.
Leisure analysts at City stock broking firms said Whitbread had secured one of the best hotel sites that has become available in London for years. "In terms of location, being opposite the House of Parliament, it couldn't be better," one said.
There was some scepticism, however, that the deal would be concluded. Ken Livingstone, MP and former GLC leader,said: "We've had three years of Shirayama announcing this and that and nothing's happened. It's been a series of gimmicks."
Whitbread is confident thehotels will be up and running in 1998, even though Mac Okamoto, European director of Shirayama, injected caution into yesterday's announcement.
Asked whether the Whitbread deal would founder, as did previous hotel plans with Richard Branson's Virgin group, he said: "Nothing is certain in this world. It is like marriage. Who can stop someone who wants divorce? We have exchanged a contract agreement, and anyone can terminate it."
Whitbread will occupy 360,000 sq ft of space in the north wing, and an aquarium being built in the basement by Shirayama will absorb a further 200,000 of the building's total 1.2 million sq ft of space. Mr Okamoto said there are also plans for shops and more leisure facilities.
County Hall has been empty since Baroness Thatcher abolished the GLC a decade ago. "The fact that it's remained empty is the scandal," Mr Livingstone said.
Shirayama, a property development company, bought the 1920s building in 1992 for pounds 60m. Financial details of the deal with Whitbread, which is taking a 75-year lease, are not being disclosed.
sportLiverpool 5 Norwich City 1: Uruguayan striker has now scored 11 league goals against the club
arts + entsOlivier-nominated actor and singer is set to star in Lloyd Webber's musical about the Profumo affair
filmWith more than 70 per cent of early films lost, archivists are scouring the world to preserve the precious examples that remain
sportUnder-10s football coach sacked for telling parents he was 'only interested in winning'
techA piece of new hi-tech kit aims to get us scribbling again
indybestMake getting out of the wrong side of bed on cold winter mornings a thing of the past with our selection of night-time covers
life + styleClarissa Baldwin is the brains behind the slogan 'A Dog is for Life not just for Christmas'
Work until you’re 70: Chancellor George Osborne accused of ‘living in fantasy land’ over Autumn Statement pension reforms
What made Charles Saatchi grab my throat outside Scott's, by Nigella Lawson - as she accuses him of threatening to 'destroy' her with drug claims
Is this the scariest advert ever? Japanese tyre commercial comes with its own disclaimer and health warning
‘Put it in my mouth’: Viewers outraged by apparent reference to oral sex in VIP e-cig advert
Paul Walker death: Eight-year-old son of Porsche driver Roger Rodas tried to rescue his father
- 1 The hardwired difference between male and female brains could explain why men are 'better at map reading'
- 2 Is this the scariest advert ever? Japanese tyre commercial comes with its own disclaimer and health warning
- 3 A forgotten episode in Russian history leaves links with the Philippines
- 4 Syrian rebels consider joining forces with regime troops to fight al-Qa’ida
- 5 ‘Put it in my mouth’: Viewers outraged by apparent reference to oral sex in VIP e-cig advert
£50000 - £70000 per annum + London: Harrington Starr: Senior Automation QA Eng...
£35000 - £50000 per annum + Benefits : Harrington Starr: SQL 2008 R2/2012 Deve...
£38000 - £45000 per annum + Benefits: Pro-Recruitment Group: Creative Audit Se...
£45000 - £50000 per annum + Benefits: Harrington Starr: SQL Developer (TSQL, P...