The Oetker Collection Scopes London Real Estate

Cannes, France
Cannes, France // Photo by vichie81/iStock/Getty Images Plus/Getty Images

Le Bristol Paris, barMusic to our ears: The Oetker Collection - the company behind Le Bristol in Paris and Hotel du Cap-Eden-Roc on the French Riviera - is on the prowl for London real estate. The Telegraph reports that the luxury hotel group is hunting for a London property to add to its seven-hotel portfolio, and expansion plans now include New York and Istanbul.

(Notably, the Oetker Collection withdrew from the Hotel Le Bristol Abu Dhabi earlier this year.)

To quote The Telegraph: “Chief Executive Frank Marrenbach said that the UK provides 10 percent of its customers and is number one on his shopping list. “London is so important for tourism,” said Mr Marrenbach, who added that he was looking at existing hotels as well as new-build sites in locations including Knightsbridge and Belgravia.”

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Pictured: The newly renovated bar at Le Bristol

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