SAVOY HOTEL LONDON, perhaps the grandest of all the capital”s grand hotels has new owners. The Savoy, together with the Connaught, the Berkeley, Simpsons in the Strand and the Savoy Theatre has been purchased by an Irish consortium for a reported ”750m by a group of Irish investors headed by Derek Quinlan. Having lost rooms in the last decade due to the creation of apartments within the Savoy complex the new owners plan to add 150 luxury suites. No changes are expected in the management.
http://www.savoy-group.co.uk