Mayfair.org.uk » Park Lane

Mayfair hotel sold to Indian billionaire

Rob Powell — Sat, 01 Jan 2011 20:33:03 +0000

A leading Mayfair hotel has been sold to the Indian billionaire, Subrata Roy.

Roy, who owns and chairs the Sahara India group, has completed the acquisition of the Grosvenor House Hotel in Park Lane for a reported price of GBP 470million.

The iconic hotel, which includes over 400 guestrooms, 74 suites and a large banqueting space, was sold by the Royal Bank of Scotland (RBS).

Mr. Subrata Roy Sahara commented, “We are extremely happy to announce Grosvenor House joining the Sahara family. This acquisition is a part of the major expansion plans of the group. In addition to the acquisition of Grosvenor House, London will be the gateway for Sahara to introduce some of its new business ventures, internationally.

Find out about hotels in Mayfair.

Squatters in Park Lane

Rob Powell — Fri, 23 Jan 2009 16:09:00 +0000

There’s been squatters in Upper Grosvenor Street. Then they moved to Clarges Mews.

And now the media is reporting that more squatters have taken up residence in Park Lane, and are enjoying the use of two houses worth Ã‚Â£15million a piece. The group, about 40 strong, are living at number 94 and 95 on Park Lane where they apparently have fantastic views of Hyde Park.

Sky News reports that they are “currently hosting a “night exhibition” at No 95, displaying the paintings, drawings and sculptures they have produced”.

Fuel Protestors Converge In Park Lane

Rob Powell — Tue, 29 Apr 2008 10:49:00 +0000

Haulage firms who have been hit by rising fuel costs are parking their lorries in Park Lane today to demonstrate their unhappiness. The rally, which organisers hope will attract hundreds, will then send a delegation to Parliament carrying a coffin to symbolise, I guess, that their businesses are in mortal danger following a 30% increase in the price of diesel over the last 12 months.

BBC: Truckers in diesel price protest