Kensington Hotel London Doyle Group

Boutique hotel group Doyle Collection eyes more London sites
March 12, 2015 – 11:42 am

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The boutique hotel group behind The Marylebone, The Kensington and The Bloomsbury in London is scouting for more sites in the Capital because of “increasing demand from guests.”

The plans come as Irish parent Doyle Collection, which owns Dublin’s famous Westbury hotel as well as four others in Bristol, Ireland and Washington, returned to the black in its latest results.

Post-tax profit was €4.1million last year compared with a loss of €3.5 million in 2012, as hotel guests sent turnover up 2.2% to €108.5 million.

During the year, the Doyle Collection sold off three hotels in the US – the Back Bay in Boston, and the Normandy and Courtyard properties in Washington DC - and refinanced its existing debt.

Chief executive Pat King said: “We are highly committed to the London market and would like to grow our presence in London due to increasing demand from guests. We have strict criteria and would examine possibilities in developing areas of the capital.”

Source: www.standard.co.uk
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