Oct 17, 2022

CRE Herald By Israeli hotel company Fattal Group, the owner of Leonardo Hotels UK & Ireland, has acquired the historic Dilly Hotel in London, England. Opened in 1908, the iconic Dilly Hotel is centrally located between Piccadilly and Regent Street in the heart of London and features over 280 rooms, indoor swimming pool, fitness and treatment rooms, and squash courts, along with seven meeting rooms and event spaces. The hotel has built a substantial reputation over the last 114 years as one of London’s finest hotels, which at one time had the royal Patronage of King George V.    Leonardo Hotels UK & Ireland plans to invest £90 million into the Dilly for an extensive refurbishment programme to create a luxury hotel. Leonardo Hotels operate 52 hotels across the UK and Ireland. It is part of Fattal Hotels, an entrepreneurial and expanding international hotel group, which owns and operates over 200 hotels in over 100 destinations, with plans to rapidly expand its global presence. In Europe it has over 150 hotels across Europe in 86 cities and 14 countries. Most recently, Fattal Group acquired six landmark hotels in Spain for over €165 million , with plans to invest €20 million additional capital across the properties, as well as to enhance the guest experience. Commenting on the Dilly announcement, David Fattal, CEO and Owner of the Fattal Hotel Group said: “We are delighted to add the Dilly, which is a stunning, high-profile hotel with a rich history dating back to the 1900’s, to our expanding group. We believe our portfolio, our strategy and the proven capabilities of our people puts our group in a unique position to leverage and capitalise on the emerging opportunities we see across the UK hotel sector. “Our vision is to create one of Europe’s best performing hotel groups, where we nurture our talent to be the best, and create exceptional customer experiences.”  Ronen Nissenbaum, CEO of Fattal Hotels in the UK, Ireland, Netherlands, Belgium, Spain, and Portugal, added: “The iconic Dilly is an excellent acquisition for the group, and reflects the ongoing success of our hotels, and very much consistent with our ambitious growth strategy. We look forward to working closely with the experienced Dilly team over the coming weeks and months to drive performance and continue delivering exceptional experiences for guests as we prepare for the substantial investment and repositioning of the property in the heart of the great city of London” The Dilly will join the group’s collection of hotels in central London, which include Leonardo Royal Hotels at London City, Tower Bridge, and St Paul’s; and the NYX Hotel London Holborn. TAGS