Dalata Hotel Group Ltd has agreed a lease for a new four-star Maldron hotel on Hammersmith Road in Kensington, adjacent to the recently redeveloped £1.3 billion (€1.5 billion) Olympia London exhibition centre.
The Maldron Kensington will be Dalata’s seventh hotel in London and marks a further step in the group’s expansion in one of Europe’s most important hospitality markets.
The development represents an important milestone in the growth journey of Scandic Hotels Group, following its assumption of operational responsibility for Dalata’s hotel portfolio after the acquisition by Pandox and Eiendomsspar.
“This is an exciting milestone for Dalata, as we announce our seventh hotel in London and enter a new phase of growth with Scandic Hotels,” said Dermot Crowley, CEO of Dalata Hotel Group.
“London is a key strategic market for Dalata, and this prime location, adjacent to the newly redeveloped Olympia London, positions us strongly to capture both corporate and leisure demand.”
Scheduled To Open In 2029
The full-service four-star Maldron hotel is scheduled to open in 2029, subject to planning approval.
The development will comprise approximately 370 guest rooms, alongside a restaurant, bar, gym, and extensive business centre.
The project will be delivered in partnership with Dalata’s long-standing development partner McAleer & Rushe Property and involve the conversion and extension of a vacant office building.
Designed as an all-electric building, the hotel will incorporate state-of-the-art heat pump technology and target a BREEAM ‘Excellent’ accreditation.
Located within a five-minute walk of Olympia London, the hotel will sit at the heart of a major new business, cultural and entertainment destination.
The redevelopment of Olympia London includes 550,000 square feet of premium office space, more than 20 food and beverage outlets, exhibition capacity for 26,000 visitors, a 1,575-seat theatre, and a 3,800-capacity state-of-the-art entertainment venue.
The district is expected to attract over 12 million visitors annually.
The hotel will also benefit from excellent transport connectivity, with multiple Underground stations within walking distance providing access to the Piccadilly, District, Circle, Hammersmith & City and London Overground lines.
