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Cadogan Estate secures £15.4m hotel purchase
The Cadogan Hotel in Knightsbridge, London, has been returned to the Cadogan Estate after being acquired from Trinity Hotel Investors in a £15.4m deal.
The 65-room Sloane Street hotel was once the home of actress Lillie Langtry and boasts a restaurant bearing her name. The property also offers meeting and private dining rooms. Hugh Seaborn, chief executive of the Cadogan Estate, said: "Our intention is that the hotel will continue to operate as it is for the time being and in due course it will be upgraded so as to better reflect the elegance of Sloane Street."