RIU HOTELS ACQUIRES CURIO WESTMINSTER LONDON FROM WESTMONT, BHP AND PPF

Spanish owner-operator Riu Hotels & Resorts has acquired the four-star, 464-room Westminster Hotel, Curio Collection by Hilton in London, UK, from Canadian owner-operator Westmont Hospitality, Slovakian hotel investor Best Hotel Properties (BHP) and PPF Real Estate, the property arm of Czech investment group PPF Group, for £290 million (£625,000 per room).

The property is situated in London’s Westminster district between Westminster Abbey and the Tate Britain museum. Constructed in 2003, the hotel was fully refurbished in 2021 and includes a restaurant, bar, café and four meeting rooms. Upon completion of the acquisition, it will be incorporated into RIU’s Plaza portfolio of city hotels and renamed Hotel Riu Plaza London The Westminster.