The property, which is the first new announcement from Raffles since the brand’s acquisition by AccorHotels Group, is claiming to be “the most unique hotel and deluxe residences in London”.
The Raffles Hotel London is in a Grade II-listed building that dates to 1906 and currently has 1,100 rooms across seven floors including offices there were once home to the likes of Sir Winston Churchill and David Lloyd George.
The building is owned by Hinduja Group and OHLD and will have 125 rooms, of which 40% will be suites.
There will also be 88 private residences along with restaurants and other amenities, with the project expected to take three years.
Sebastien Bazin, chairman and chief executive of AccorHotels, said: “This is a significant step for Raffles and a strategic addition to the group’s luxury portfolio.”