The first hotel will be opened in Westminster this August with 79 rooms. Converted from an office building, it will add 30 more rooms next year.
Queensway is a UK-based private investment group owning and operating hospitality assets in the UK, Europe and United Arab Emirates.
"We believe Tune Hotels will significantly boost London's hospitality sector," said Mark Lankester, group chief executive of Tune Hotels in a press release on Thursday.
Tune Hotels provides no-frills rooms but it has a pay-as-you-use system for energy-consuming amenities.
It encourages guests to book early online to enjoy low prices. It is expected that the minimum charge for a room in its London hotel would be as low as STG9 (RM46).
Queensway managing director Nick Jivraj expects Asians to make up a major market for London's hotels.
"By leveraging on Tune Hotels' proven brand, team expertise, and operational model, Queensway expects that our investment into the brand will present significant growth in the near future," he said.
Tune Hotels currently operates nine hotels - seven in Malaysia and two in Bali, Indonesia.
Source : BTimes
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