Iconic Luxury Hotels and L&R Hotels merge
🏨 Iconic Luxury Hotels and L&R Hotels have merged to form Iconic Hotels and Resorts. The merger, crucial for L+R's transformation, integrates its real estate portfolio valued at over £10 billion. Shan Kanagasingham, with 30 years in hospitality, is appointed COO. The company opened a 7,000 sq ft headquarters in London, employing 100 specialists. Atlas Hotels, Europe's largest Holiday Inn Express franchisee, remains separate in Leicester. This strategic move aims to streamline operations and enhance global presence.
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