HAMILTON, Bermuda--(BUSINESS WIRE)--Belmond Ltd. (NYSE: OEH, belmond.com (“Belmond” or the “Company”), owners, part-owners or managers of 45 luxury hotel, restaurant, tourist train and river cruise properties operating in 22 countries, today announced that it has signed a management agreement with Cadogan Estates Limited to operate The Cadogan, a 64-key hotel on Sloane Street in the heart of Chelsea, London, as part of the Company’s collection of luxury hotels and travel experiences.
The agreement comes at an exciting time in the 127-year history of The Cadogan, as the hotel will close at the end of the month to undergo a $48 million investment project. The fully renovated and re-conceptualized Belmond Cadogan will open in summer 2016. Working in tandem with Belmond and Blair Associates Architects, Cadogan Estates will fund the redevelopment, which will include the complete refurbishment of all public areas and the reconfiguration of 64 keys to 54 in order to accommodate demand from luxury travelers for larger junior suites and suites. The interior design project will be carried out by the London office of GA Design International, experts in international luxury hospitality design.
Built in 1887 in the Queen Anne style, The Cadogan has played an integral role in the social history of the Kensington and Chelsea area. The design project will draw inspiration from the beautiful architectural character of The Cadogan and surrounding neighborhood as well as the hotel’s rich heritage, creating a stylish retreat and meeting place for international visitors and the local community. Belmond Cadogan will also offer a new gourmet dining experience opening out onto Sloane Street with views of Cadogan Place Gardens, taking advantage of the hotel’s superb location at the heart of one of London’s most vibrant and affluent retail areas.
“With its incredible heritage, unrivaled location and contemporary classic design, Belmond Cadogan will be renowned for its understated glamor and unique character, as well as for its standards of excellence in service and hospitality,” said John M. Scott, President and Chief Executive Officer of Belmond Ltd. “We are very pleased to be working together with Cadogan Estates on what will become one of London’s foremost luxury hotels and to be partnering with an owner who shares our vision for offering authentic and one-of-a-kind luxury travel experiences.”
Hugh Seaborn, Chief Executive of Cadogan Estates, commented, “The Cadogan has a colorful history – once home to Lillie Langtry where she courted the future King of England and also the location of Oscar Wilde’s infamous arrest – and a wonderful future. With its depth of experience overseeing the sensitive renovation of historic buildings and track record in luxury hospitality, Belmond is the perfect partner for us to preserve The Cadogan’s unique heritage, while evolving the hotel into a luxury retreat for today’s luxury traveler. It fits perfectly with Sloane Street’s international cachet and our vision and strategy for ensuring it becomes the most exclusive and luxurious shopping street in the world.”
Belmond owns and operates four other businesses within Great Britain: the Belmond British Pullman, Belmond Northern Belle and Belmond Royal Scotsman luxury rail experiences, as well as Belmond Le Manoir aux Quat’Saisons, a 32-key hotel and two-Michelin star restaurant in Oxfordshire.
About Belmond Ltd.
Belmond is a global collection of exceptional hotel and luxury travel adventures in some of the world’s most inspiring and enriching destinations. Established almost 40 years ago with the acquisition of Belmond Hotel Cipriani in Venice, its unique and distinctive portfolio now embraces 45 hotel, rail and river cruise experiences in many of the world’s most celebrated destinations. From city landmarks to intimate resorts, the collection includes Belmond Grand Hotel Europe, St. Petersburg; Belmond Copacabana Palace, Rio de Janeiro; Belmond Maroma Resort and Spa, Riviera Maya; and Belmond El Encanto, Santa Barbara. Belmond also encompasses safaris, six luxury tourist trains, including the Venice Simplon-Orient-Express, and three river cruises. Belmond Ltd. also operates ‘21’, one of New York’s most storied restaurants. Orient-Express is a trademark of SNCF. belmond.com
The Cadogan Estate has been in the same family ownership for more than 300 years and spans 93 acres of Chelsea and Knightsbridge. At the heart of London’s most fashionable districts to live, work and play the estate includes some of the world’s finest retail and leisure destinations, Sloane Street, the King’s Road and Duke of York Square. The foundations of the Cadogan Estate were established in 1717 when Charles, 2nd Baron Cadogan (1685-1776) married Elizabeth Sloane, daughter of Sir Hans Sloane (1660-1753) who had purchased the Manor of Chelsea in 1712. The Cadogan Group Limited is the holding company for the property investment business of the family of Earl Cadogan. The company is owned by a number of charitable and family trusts. cadogan.co.uk