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Hong Kong Developer Wins Approval for London City Hotel

A 275-bedroom hotel on the edge of the City of London financial district to be built by Hong Kong-based developer Dorsett Hospitality International Ltd. (2266) won local-government approval.

City of London officials granted planning permission for the hotel at a meeting today. The project includes the demolition of an existing 1970s office building and the construction of the 13-story hotel, according to a filing.

Dorsett is a unit of Far East Consortium International Ltd. The City of London hotel is one of two properties Dorsett is developing in the U.K., according to the company’s website.

To contact the reporter on this story: Patrick Gower in London at pgower@bloomberg.net

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net

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