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News Release

London

Hotels team comments on Claridge’s expansion


​London, November 9th 2016 - William Duffey, head of UK and Northern European hotel transactions at JLL’s Hotels & Hospitality Group said: “The Maybourne Group’s decision to extend Claridge’s via a basement development is a positive statement for the London hotels market and is indicative of the Group’s commitment to the city’s luxury hotel sector post Brexit.

“Upon completion, the additional amenities will provide a platform to allow the hotel to remain competitive while appealing to both new and existing customers with a host of new features, some of which will be unique to the hotel.

“As London’s tourism industry continues to grow, it’s likely that other hotels in the city will look to exploit their own unused space in this manner in a bid to gain additional revenue.”