The hotel has been sold to Fattal Hotel Group, the owner of Leonardo Hotels by Archer Hotel Capital.
Re-branded to The Dilly from Le Méridien Piccadilly in 2020, the hotel is home to 283 rooms along with two F&B venues as well as a swimming pool, health club, dance studio, florist lobby shop and seven meeting rooms.
Ed Fitch, Partner in Cushman & Wakefield’s EMEA hospitality team, said: “The Dilly is a landmark building with the best of the West End’s shopping and entertainment on its doorstep. This certainly wasn’t a straightforward transaction but hotels of this nature don’t come up that often and this sale demonstrates that, when it comes to getting a sizeable London hotel presence, seizing the opportunity is everything for investors.”
