The Arora Group has announced the purchase of an occupational lease for London Hilton Gatwick, the airport’s largest hotel. The Group will retain a management contract with Hilton, which will continue to oversee the day-to-day management of the hotel.
Close to Gatwick’s South terminal, the hotel boasts 821 guest rooms, a restaurant, two bars and a deluxe Wellbeing Centre. Refurbished in 2003, the hotel has 21 meeting rooms.
The purchase reflects the Arora Group’s strategy to focus on larger assets with greater revenue potential, and to partner with major international brands. With an established expertise in UK airport regions this property also complements Arora’s existing presence at the airport, which includes the Sofitel Hotel at Gatwick’s North terminal and Arora Gatwick Crawley.
The acquisition means Arora Group now offers 6,364 hotel bedrooms across the 16 hotels in the UK.
This announcement follows Arora Group’s acquisition of ‘The Office’ development in Crawley and the completion of a multi-storey car park in Heathrow.
Surinder Arora, founder and chairman of the Arora Group, said: “Securing the largest hotel in the area is a hugely exciting achievement for the Arora Group, further augmenting our substantial diverse portfolio in this major UK business hub as part of the Group’s long term strategy. Hilton Gatwick presents a fantastic opportunity to partner once more with a major international brand, building on our existing relationship as a landlord for a number of Hilton-operated hotels.”