Avelios has acquired The East London Hotel.
The freehold lifestyle hotel comprises 161 en-suite letting bedrooms, a reception, bar and restaurant facilities. The operational model of the hotel provides a high-tech guest experience, with online check-ins and check-outs, access via a smart phone and food and beverage ordered through the guest experience interface.
BREEAM Excellent rated, The East London Hotel is situated in the heart of Bethnal Green, almost adjacent to Bethnal Green tube station on the Central Line and approximately 8 minutes from Bond Street Tube station.
Guido Lang, Avelios Chief Investment Officer, commented: “We are very excited to be acquiring this quality lifestyle asset in a rapidly developing London submarket and believe the hotel is well positioned to benefit from a post Covid market recovery.”