Description of InterContinental London Park Lane
InterContinental London Park Lane is a hotel in Hyde Park Corner, London W1.
The InterContinental London Park Lane initially opened in 1975. An extensive £83.0 million refurbishment of the hotel was conducted by IHG in 2005/2007.
March 2013 - Jones Lang LaSalle Hotels & Hospitality Group, as sole exclusive agents on behalf of InterContinental Hotels Group (IHG), announced the sale of IHG's interest in the InterContinental London Park Lane. The short leasehold interest (approximately 57 years remaining) was acquired by a private Middle Eastern investor for a sum of £301,500,000. Operated by IHG, under their prestigious InterContinental brand, the 447 room hotel was sold subject to a long term management agreement with InterContinental Hotels & Resorts.
- Jones Lang LaSalle www.joneslanglasalle.co.uk