HILTON International has signed an innovative profit-linked lease agreement with the Royal Bank of Scotland for the former five star Le Meridian Waldorf Hotel, now be known as ”The Waldorf Hilton”. The grade II listed 303-guest room Waldorf is shortly to complete a ”25m refurbishment to all bedrooms and public areas. Located in the Aldwych, it is ideal for both The West End and The City and will be marketed to both the business and leisure traveller. The news comes after ABTN reported last week of another arrangement concerning the Royal Bank of Scotland, the re-branding of another landmark London hotel, The Grosvenor House, as a Marriott.
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