Representing the largest hotel to transact in London since 2021
News release
08 January 2026
JLL advises on sale of the Westminster Hotel to RIU in landmark London hotel deal
RIU Hotels & Resorts has completed the acquisition of The Westminster, Curio Collection by Hilton, from a consortium of Westmont Hospitality, BHP, and PPF Real Estate. The transaction represents the highest value single asset hotel deal in London in five years, signalling the market’s continued resilience on the global stage.
The 464-room lifestyle hotel is located just south of the Houses of Parliament in central London and garnered significant interest given its positioning and leisure credentials. RIU, a Spanish owner-operator with over 50,000 keys under management, will rebrand the Hotel and assume full operational control. The Hotel is being acquired on a freehold basis.
JLL acted as exclusive advisor to the sellers throughout the transaction process.
Located in one of London's most sought-after hospitality markets, The Westminster represents a strategic addition to RIU's expanding portfolio of premium hotel assets.
“We’re very pleased with the outcome. It’s a testament to the collaboration of our client, the Buyer and our team’s hard work and capability. Going into 2026, we continue to see a significant opportunity set in London for strategic investors pursuing well-positioned hotel real estate," said Christopher Exler, Executive Vice President at JLL Hotels & Hospitality Group.
William Duffey, Head of EMEA Hotels & Hospitality at JLL adds, “This transaction is a great example of us connecting global capital with destination assets and setting the tone for 2026, where we see a continuation of the same. RIU's acquisition demonstrates how premier operators recognize the value proposition of London's hotel market, particularly for assets with The Westminster's calibre and prime positioning."
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.