Marriott International has acquired the Berners Hotel in London for an undisclosed fee, which it will reopen with Ian Schrager as London Edition after an 18 to 24 month renovation.
The hotel had been closed since 2006 and was placed in administration in August 2010. "We are delighted to acquire Berners. It is a perfect property for an Edition hotel in London. With its great location, beautiful façade, the building is a perfect canvass for creating a true work of art," said Arne Sorenson, president and COO.
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