Le Méridien Group's CEO, Jurgen Bartels, said: "The Cumberland,which will re-launch next year as Art + Tech by Le Méridien,London Hyde Park, is the ideal hotel for the introduction ofour Art + Tech design concept, appealing to today's business andleisure traveler. When refurbished, it will deliver a luxury,international new four-star destination hotel unrivalled inLondon."

Insignia Hotels has acted as adviser to The Royal Bank ofScotland.

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