Sunday, October 17, 2010

RBS sells Hilton Hyde Park to group run by brother of Simon Cowell

Royal Bank of Scotland (RBS) has sold the Hilton Hyde Park hotel in London for £25m to a group founded by X Factor star Simon Cowell's brother.

The 129-bedroom hotel, which faces Hyde Park and Kensington Gardens, has been sold to the Cowell Group - founded by Adrian Levey and Nick Cowell, Simon Cowell's brother.
Hilton has in turn signed a 30-year lease on the Hyde Park property.

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