'Jobs boost' from Admiralty Arch hotel
Cabinet Office Minister Francis Maude MP says the decision to turn Admirality Arch into a luxury hotel will bring new jobs into London.
London's historic landmark Admiralty Arch is to become a luxury hotel after the government agreed to lease it for 60 million pounds. The developer plans to transform it into a five star resort with 100 bedrooms.
Cabinet Office Minister Francis Maude MP says the decision to turn Admirality Arch into a luxury hotel will bring new jobs into London.
Historic landmark Admiralty Arch is to become a luxury hotel after the government agreed to lease it out for £60 million.
The development company, Prime Investors Capital (PIC), has plans to make it a five star 100-bedroom hotel with ballroom, spa and fine dining restaurant.