Malaysia’s YTL Hotels acquires fifth UK hotel

Malaysia’s YTL Hotels has acquired its fifth property in the UK. The Threadneedles Hotel is also YTL’s second Autograph Collection hotel in the country.

In October, YTL Hotels acquired three properties in Edinburgh, Berkshire and London, bringing the company’s global portfolio up to a total of 29 hotels, resorts and experiences. 

YTL Hotels now has four properties under Marriott International’s Autograph Collection, following The Glasshouse in Edinburgh, The Majestic Hotel Kuala Lumpur and Hotel Stripes Kuala Lumpur, slated to launch this month.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Threadneedles is housed in a Victorian building, originally used as a banking hall, which became a luxury 74-room hotel in 2002. 

The boutique hotel retains the building’s period features, such as its original 19th-century stained glass dome and ornate wrought-iron window grilles. Threadneedles is in walking distance to the Bank of England, the old Royal Exchange, St. Paul’s Cathedral, the Tate Modern Museum and Tower Bridge.

Suggested Articles

The XR Event Planner places event planners, buyers and hotel sales staff in a virtual reconstruction of an event space.

The collaboration will develop full-service property-management capability that will combine with Sabre’s existing hospitality solutions.

When developing an on-property spa, hoteliers should consider what its strategic objective will be and plan accordingly.