Tune Hotels to open second London property

23 Nov 2010 by BusinessTraveller

The Asian budget hotel chain is to open a property close to the Broadgate office and retail complex in the City of London, joining the brand’s existing Westminster hotel.

The group said that it has secured a site close to the Broadgate complex, although no further details have been given on the hotel or its scheduled opening date.

The news comes as Tune Hotels announced it has secured financial backing from a consortium of investors to develop 15 hotels in London by 2015, a total investment of over £100 million.

Tune Hotel Westminster opened earlier this year opposite Lambeth North tube station (see online news August 25), and the consortium says it is in “active discussions regarding a number of additional sites in central London”.

The Broadgate complex is located next to Liverpool Street station, and includes the 35-storey Broadgate Tower, one of the City of London’s tallest buildings.

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Report by Mark Caswell

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