BAA Lynton received outline planning consent for a revised scheme from the London Borough of Hillingdon in January 2003. The hotel, which will provide 600 bedrooms and full leisure and business facilities will be directly linked to the terminal building, which will handle 30 million passengers per annum. It is anticipated that the hotel will open in 2008.
John O'Halloran, Managing Director of BAA Lynton, the property arm of BAA, said: "The Terminal 5 hotel represents one of the best hotel opportunities within Europe at the moment and we anticipate it will generate strong interest from all the leading international brands. We are looking forward to working towards delivering another world class hotel within the next few years.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
