Shiva Hotels

Shiva Hotels is a privately owned United Kingdom based hotel group founded in 2003[1] by former Lehman Brothers derivatives trader Rishi Sachdev.[2]

History

In 2013, the company purchased the Millennium Bridge House hotel from American private equity firm The Carlyle Group, for £87.6m.[3]

In 2014, the company purchased the Kingsway Hall Hotel for £96m.[4]

In February 2015, it was reported that the group had placed two Ramada hotels it owned up for sale for £22m free of any brand tie.[5]

In October 2015, it was reported that the group was developing four unbranded luxury hotels in central London.[2]

In 2016, it acquired the site of the Welbeck Street Car Park for redevelopment as a hotel[6] after Historic England decided not to register the structure as a listed building.[7][8]

References


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