Hyatt, the global hotel firm, has announced plans for a 203-room Park Hyatt London River Thames hotel.
Located in the Nine Elms area, the property will sit on the south bank of the river, directly opposite Westminster.
The scheme represents the company’s intentions to “continue and expand” its operations in the UK.
The hotel will belong to wider developments within the area, including 2,300 new apartments, over 120,000 sq ft of commercial space, and numerous hospitality and leisure projects such as One Thames City.
Felicity Black-Roberts, vice president of development for Europe at Hyatt, said: “The addition of the Park Hyatt brand to London is a key milestone for Hyatt.
“It has always been a priority to bring our luxury Park Hyatt brand back to London, so this is a fantastic opportunity for us. We are excited to continue and expand on Hyatt’s relationship with R&F by bringing this new exciting hotel to London.”
Michael Purefoy, global brand director at R&F UK, the property developer conducting the scheme, said: “The globally recognised Hyatt name is a valuable addition to the development and we’re pleased to share that this agreement further cements the strong relationship that we continue to enjoy with Hyatt properties across the world.”