New hotel collection sees Iconic Luxury Hotels merge with hospitality investment firm

Iconic Luxury Hotels has merged with hospitality investment firm L+R Hotels to form a new collection of luxury properties.

The new brand, Iconic Hotels & Resorts, has been “built from the combined heritage” of the two companies and aims to “elevate each property’s distinct character”.

The collection’s initial portfolio spans five countries and features hotels such as Cliveden House in Berkshire, Nobu Hotel London Portman Square, Hotel Excelsior Venice Lido and Palm House in Florida’s Palm Beach (pictured).

Iconic Hotels & Resorts’ parent company L+R has pledged more than £200 million of capital towards renovations across the collection and has also promised further portfolio expansion updates will follow later this year.

To support the launch, Iconic Hotels & Resorts has appointed a new chief operating officer to “lead the next phase of growth”. Shan Kanagasingham joins the group with more than 30 years’ experience in luxury hospitality, having previously held roles at Auberge Collection, The Ritz-Carlton, Raffles Hotels & Resorts and Mandarin Oriental Hotel Group.

Kanagasingham said: “I’m thrilled to join Iconic Hotels & Resorts at such a pivotal moment in the group’s history. This extraordinary portfolio combines historic landmarks and urban addresses under a single, elevated standard and platform, without compromising what makes each hotel iconic.”