8 MARCH 2010

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Article from BTNews 8 MARCH 2010

London to gain cut price hotels

From left to right: are Nick Jivraj, Managing Director of Queensway Group Ltd and Mark Lankester, Group CEO of Tune Hotels.com

LONDON will have 15 examples of what is claimed to be “A 5-star sleeping experience at a 1-star price” by 2017 according to Mark Lankester, of Tunes Hotels unveiling the latest travel project spearheaded by Tony Fernandes, founder and Group CEO of low cost airline AirAsia and Team Principal of the Lotus F1 racing team.  Tunes has entered into a strategic partnership with London-based Queensway Group Ltd to invest in, develop and operate properties across Greater London.  Some 1,500 hotel rooms will be rolled out at a cost of £150m.  The third-quarter of 2010 will see the first completion at 118 Westminster Bridge Road.  The concept of Tune is to supply a quality bed and power shower leaving virtually all the other requirements to others.  Since Tune Hotels.com was first launched in Kuala Lumpur (Malaysia), in 2007, more than 500,000 guests have stayed in one of its Southeast Asian properties, currently totalling nine hotels.  The chain is expected to expand significantly in the next few years. www.tunehotels.com

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