Shiva Hotels bought the Kingsway Hall Hotel for £96m. The building was previously the Kingsway Hall Methodist Church, built in 1912. It was acquired in 1998 by Cola Holdings and converted into a hotel.
Shiva Hotels owns 10 other hotels around the UK – either operational or in development – including Ramada hotels in Birmingham, Salford Quays and London Docklands, and the Hilton at London Heathrow Terminal 5.
Managing director Rishi Sachdev said: “We have made no secret of our strategy to build a portfolio of quality hotels in central London. Kingsway Hall is a high profile addition and demonstrates we are achieving our goal in a very competitive market.”