London, 2 December, 2025 – JLL, a leading global real estate services firm, announces the completion of the sale of the 706-room Holiday Inn London Kensington High Street for £280 million, or £396,600 per room, on behalf of Cola Holdings to Copthorne Hotel Holdings Limited, a wholly owned subsidiary of City Developments Limited (CDL).
Will Duffey, Head of EMEA Hotel Capital Markets for JLL, said, “the transaction signals the return of larger cap single asset transactions to London, underlining its continued resiliency and depth of global investor interest.”
The freehold hotel is located in a tranquil enclave, yet only a 2-minute walk to the bustling Kensington High Street, known for its upmarket boutiques, department stores, restaurants and cafes. Nearby, Kensington High Street Station offers convenient access to various historical and cultural landmarks, including Kensington Palace, Royal Albert Hall, Hyde Park, Holland Park, and the shopping precincts of Harrods, Harvey Nichols and Sloane Street. The hotel is also close to Imperial College London and the Museum Quarter in South Kensington. Additionally, it is a 15-minute walk from Olympia London, which is nearing completion of its £1.3 billion redevelopment into a state-of-the-art exhibitions and conventions hub, with new retail, offices and a next-generation destination for global entertainment events.
Underpinned by London’s appeal as a global financial capital and gateway city, corporate and leisure demand has remained resilient. The hotel has maintained robust performance, achieving high occupancy rates of over 97% for the nine months to September 2025, and in recent years, has consistently outperformed its competitive set. Total revenue for the preceding 12 months exceeded £39 million.
“We’re thrilled to have passed this asset onto a great steward and in the process consummating one of Europe’s largest hotel deals between two very valued clients” remarks JLL’s Christopher Exler, Executive Vice President.
For more news, videos and research resources on JLL, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.