Spa Life International
Spa Life International
Spa Life International
 
EMPLOYERS: POST A JOB
Free ezines & magazines
Jobs News Video Training Products Magazines Spa Business spa-kit Handbook What's on Advertise Subscribe
Catalogue gallery
More catalogues
Diary dates
Powered by leisurediary.com
22-24 Apr 2024
Galgorm Resort, York,
23-25 Apr 2024
Phoenix Convention Center, Phoenix, United States
28-30 Apr 2024
Radisson Blu Hotel, Glasgow,
08-08 May 2024
Hotel Melià , Milano , Italy
10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
13-16 May 2024
Conrad Chia Laguna Sardinia , Italy
14 May 2024
JPMorgan Chase Headquarters, New York City, United States
18-22 May 2024
The Ravenala Attitude Hotel, Mauritius
London’s BT Tower to become luxury hotel following £275m deal
By Megan Whitby 21 Feb 2024
The tower is one of the most recognisable landmarks in the London skyline Credit: BT Group
London's iconic BT Tower is going to be transformed into a luxury hotel after being sold to MCR Hotels
MCR acquired the 620ft Fitzrovia property from BT Group following a £275 million deal (US$347 million, €321.3 million)
The Tower deal forms part of BT's simplification of its property portfolio
MCR will work with London-based design firm Heatherwick Studios to realise the new hotel
British telecommunications company BT Group has sold its iconic BT Tower for £275 million (US$347 million, €321.3 million) to hotel management company MCR Hotels.

The 620ft telecommunications building opened in 1964 and was once the tallest structure in London until 1980 when it was surpassed by the NatWest Tower.

MCR – claimed to be the US’ third-largest hotel owner-operator – plans to transform the Grade II listed London landmark into a hotel.

Brent Mathews, property director of BT Group, said: “The BT Tower sits at the heart of London and we’ve been immensely proud to be the owners of this important landmark since 1984.

“It’s played a vital role in carrying the nation’s calls, messages and TV signals, but increasingly we’re delivering content and communication via other means. This deal with MCR will enable BT Tower to take on a new purpose, preserving this iconic building for decades to come.”

Payment for the sale will be made over multiple years, as BT equipment is progressively removed from the 37-floor building, with final payment on completion of the purchase.

The company will take several years to vacate the premises, due to the scale and complexity of the work to move technical equipment.

MCR will partner with London-based architecture and design firm Heatherwick Studio to consider how best to reimagine the building’s use as a hotel.

The company owns 150 US hotels including the TWA Hotel, The High Line Hotel and Gramercy Park Tavern in New York City.

Tyler Morse, CEO and owner of MCR, said: “We’re proud to preserve this beloved building and will work to develop proposals to tell its story as an iconic hotel, opening its doors for generations to enjoy.”



News
1 to 12 of 8697 news stories
18 Apr 2024
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion. According to the organisation's recent report – called The Global Wellness Economy: United States – the ... More
19 Apr 2024
UK sauna enthusiasts will converge at Galgorm Resort in Northern Ireland next week for the highly anticipated second annual UK Aufguss Championships. Hosted from 22-24, the event will see competitors from across the UK showcasing ... More
17 Apr 2024
Remedy Place, a US-based social wellness club brand, is poised for steady expansion in the coming years, with plans to open two new clubs annually moving forward Remedy Place is the brainchild of Dr Jonathan ... More
16 Apr 2024
Swiss longevity brand Clinique La Prairie (CLP) has inked a deal with Montara Hospitality Group to operate a resort at Tri Vananda – a purpose-built wellness community in Phuket, Thailand. Tri Vananda, envisioned as a ... More
15 Apr 2024
Six Senses has announced the grand opening of its first-ever property and spa in the Caribbean, called Six Senses La Sagesse. With a picturesque beachfront setting and surrounded by verdant hills, Six Senses La Sagesse ... More
12 Apr 2024
A brand new desert hot springs oasis, called Zion Canyon Hot Springs, is set to open in Southern Utah in Q3 of 2025. Situated 30 minutes from the majestic Zion National Park, the US$60 million ... More
11 Apr 2024
Recovery, social wellness and longevity were talking points at PerformX recently, tipped by many speakers as upcoming trends, while the exhibition halls featured infrared saunas, compression therapy and ice baths. The UK is currently lagging ... More
11 Apr 2024
A new study by UCLA Health found Kundalini yoga provided several benefits to cognition and memory for older women at risk of developing Alzheimer’s disease. Benefits included restoring neural pathways, preventing brain matter decline and ... More
10 Apr 2024
Luxury lakeside retreat The Ritz-Carlton-Reynolds, Lake Oconee in Georgia, US, is gearing up to unveil its new-look destination spa this May following a comprehensive makeover. Spanning 27,000sq ft, the newly renovated spa will feature entirely ... More
09 Apr 2024
Europe’s first Evian Spa has opened at the five-star Hôtel Royal in Evian-les-Bains, France – the birthplace of the Danone-owned mineral water brand Evian. The spa has been realised following a comprehensive 12-month renovation of ... More
08 Apr 2024
A boutique safari and wellness escape will open in Botswana’s wildlife-rich Okavango Delta this May, marking the latest venture from Ibiza's Atzaró Group. The Atzaró Okavango Camp will be a 12-suite property, situated by the ... More
05 Apr 2024
Global publishing outfit, Leisure Media, has announced details of its new annual conference for decision-makers across the health, fitness and wellness markets. The event – the HCM Summit – will be held at the QEII ... More
     
International SPA Association - iSPA
Gharieni GmbH
Company Profile
BC Softwear Ltd
British-based, BC SoftWear was launched in 2002 by founder and managing director, Barbara Cooke. [more]
 
MORE PROFILES
Featured Supplier
Yon-Ka Paris introduces groundbreaking CBD serum and treatment
A key player in the wellness industry since 1954, Yon-Ka Paris has dedicated its expertise to developing exceptional, naturally rejuvenating and high-performance products which suit modern lifestyles. ... more
Art of Cryo
Product news
Full Balance reveals all-natural reflexology board
Full Balance reveals all-natural reflexology board
Scottish spa industry to gather at first-ever Spa Life Scotland event
Scottish spa industry to gather at first-ever Spa Life Scotland event
We Work Well organises annual pre-ISPA charity hike in Scottsdale
We Work Well organises annual pre-ISPA charity hike in Scottsdale
MyEquilibria combines art and outdoor exercise
MyEquilibria combines art and outdoor exercise
Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom
Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom
Sothys launches pro-ageing Sun Range
Sothys launches pro-ageing Sun Range
Directory

 
JOBS
NEWS
VIDEO
TRAINING
PRODUCTS
MAGAZINE
 
SPA BUSINESS
SPA-KIT.NET
SPA BUSINESS HANDBOOK
SUBSCRIBE
ADVERTISE
FREE DIGITAL SUBSCRIPTIONS
CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024



Spa Life International
Spa Life International
Spa Life International
Spa Life International
Jobs    News   Products   Magazine
NEWS
London’s BT Tower to become luxury hotel following £275m deal
POSTED 21 Feb 2024 . BY Megan Whitby
The tower is one of the most recognisable landmarks in the London skyline Credit: BT Group
London's iconic BT Tower is going to be transformed into a luxury hotel after being sold to MCR Hotels
MCR acquired the 620ft Fitzrovia property from BT Group following a £275 million deal (US$347 million, €321.3 million)
The Tower deal forms part of BT's simplification of its property portfolio
MCR will work with London-based design firm Heatherwick Studios to realise the new hotel
British telecommunications company BT Group has sold its iconic BT Tower for £275 million (US$347 million, €321.3 million) to hotel management company MCR Hotels.

The 620ft telecommunications building opened in 1964 and was once the tallest structure in London until 1980 when it was surpassed by the NatWest Tower.

MCR – claimed to be the US’ third-largest hotel owner-operator – plans to transform the Grade II listed London landmark into a hotel.

Brent Mathews, property director of BT Group, said: “The BT Tower sits at the heart of London and we’ve been immensely proud to be the owners of this important landmark since 1984.

“It’s played a vital role in carrying the nation’s calls, messages and TV signals, but increasingly we’re delivering content and communication via other means. This deal with MCR will enable BT Tower to take on a new purpose, preserving this iconic building for decades to come.”

Payment for the sale will be made over multiple years, as BT equipment is progressively removed from the 37-floor building, with final payment on completion of the purchase.

The company will take several years to vacate the premises, due to the scale and complexity of the work to move technical equipment.

MCR will partner with London-based architecture and design firm Heatherwick Studio to consider how best to reimagine the building’s use as a hotel.

The company owns 150 US hotels including the TWA Hotel, The High Line Hotel and Gramercy Park Tavern in New York City.

Tyler Morse, CEO and owner of MCR, said: “We’re proud to preserve this beloved building and will work to develop proposals to tell its story as an iconic hotel, opening its doors for generations to enjoy.”

Credit: Shutterstock/Aerial-motion
MORE NEWS
US named world’s largest wellness economy, reaching US$1.8 trillion valuation
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion.
Galgorm Resort gears up to host UK Aufguss Championships next week
UK sauna enthusiasts will converge at Galgorm Resort in Northern Ireland next week for the highly anticipated second annual UK Aufguss Championships.
Remedy Place to launch two new social wellness clubs annually as part of rollout strategy
Remedy Place, a US-based social wellness club brand, is poised for steady expansion in the coming years, with plans to open two new clubs annually moving forward.
Clinique La Prairie to operate health resort at Tri Vananda in Phuket
Swiss longevity brand Clinique La Prairie (CLP) has inked a deal with Montara Hospitality Group to operate a resort at Tri Vananda – a purpose-built wellness community in Phuket, Thailand.
Six Senses La Sagesse launches with lagoon-fronted spa inspired by Caribbean fishing villages
Six Senses has announced the grand opening of its first-ever property and spa in the Caribbean, called Six Senses La Sagesse.
US$60m Zion Canyon Hot Springs project breaks ground in Southern Utah
A brand new desert hot springs oasis, called Zion Canyon Hot Springs, is set to open in Southern Utah in Q3 of 2025.
+ More news   
 
COMPANY PROFILES
Dröm UK Ltd

Dröm UK specialises in the design and installation of luxury, bespoke spa and thermal wellbeing area [more...]
+ More profiles  
DIRECTORY
+ More directory  
DIARY

 

21-21 Apr 2024

Below the Belt Melbourne Pedalthon

Sandown Racecourse , Springvale , Australia
22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,
+ More diary  
 


CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS