Who Owns the London Hotel in New York?

By Anna Duncan

The London Hotel in New York City is a luxurious establishment that offers visitors a taste of British elegance. With its prime location in Midtown Manhattan, the hotel attracts guests from all over the world who are looking for a sophisticated and comfortable stay. But who owns this iconic hotel?

The Owners of The London Hotel

The London Hotel is owned by Blackstone Group, one of the largest private equity firms in the world. Blackstone acquired the hotel in 2013 from its previous owner, JW Marriott Jr., for a reported $415 million.

Blackstone Group

Blackstone Group was founded in 1985 by Stephen Schwarzman and Peter G. Peterson. The firm is headquartered in New York City and has offices all over the world. Blackstone specializes in private equity, credit, and hedge fund investments and has over $500 billion in assets under management.

The History of The London Hotel

Before becoming The London Hotel, this iconic property was known as the Rihga Royal Hotel. It was built in 1963 by Japanese businessman Eikichi Osada as a way to introduce Japanese hospitality to the United States.

In 1984, the hotel was purchased by Marriott International and renamed The New York Marriott East Side. In 2006, it underwent a major renovation and was rebranded as The Ritz-Carlton New York, Central Park.

In 2013, Blackstone Group acquired the property and invested millions of dollars into renovating it once again. The hotel reopened as The London NYC later that year with a new look inspired by British design.

The Amenities at The London Hotel

The London Hotel boasts an impressive array of amenities for its guests. These include:

  • A Michelin-starred restaurant called Gordon Ramsay at The London
  • A fitness center with state-of-the-art equipment
  • A 24-hour business center with printing and copying services
  • A 24-hour concierge service
  • Luxurious guest rooms and suites with stunning views of the city

Conclusion

The London Hotel in New York City is a prime example of luxury hospitality at its finest. Owned by Blackstone Group, this iconic property has a rich history and offers guests a taste of British elegance in the heart of Manhattan. With its impressive amenities and prime location, The London Hotel is definitely worth considering for your next trip to the Big Apple.