Carlson-owned Radisson Edwardian has pulled of something of a coup with the acquisition of Odeon Leicester Square from Ireland’s National Asset Management Agency (NAMA).
The receiver for the property, Allsop, confirmed the sale earlier, with the hotel chain believed to have paid £100 million for the property.
The deal also includes surrounding buildings, including an office block and a pub.
The largest single-screen cinema in the UK, the Odeon Leicester Square regularly hosts premiers for international films and is considered a landmark property.
However, the plans will see the existing cinema redeveloped to include a two-screen cinema, a 245-bedroom hotel, 33 apartments and a restaurant.