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Archer completes sale of The Dilly hotel

By January 3, 2023No Comments

Archer Hotel Capital B.V. (“Archer”) has completed the sale of London’s iconic The Dilly hotel to Fattal Group, owner of Leonardo Hotels UK & Ireland.

The Dilly is a 283-room hotel situated at 21 Piccadilly which was constructed in 1908 as one of London’s most luxurious hotels. Having acquired the hotel in 2011 as a Le Meridien, Archer took back vacant possession of the property and rebranded it as The Dilly, with the hotel re-launching in 2020 under the management of Axiom Hospitality.

“We are delighted to hand the hotel to a new owner who is committed to bringing back the glamour of the hotel in its heyday. While we have always believed in the huge potential of the property ourselves, Archer is currently focusing on large-scale renovation projects elsewhere in our portfolio”, said Dominic Seyrling, Managing Director of Archer Hotel Capital.

Archer was advised by Eastdil Secured, Cushman & Wakefield, Pinsent Masons and Hogan Lovells.