The Caring Hotel in Bayswater has been sold to family business the Arianya Group for £7m.
The property will become the sister hotel to The Garden Court Hotel, which is also owned by the group.
The Victorian Caring Hotel is situated in Hyde Park and is home to 25 bedrooms. It went on sale with Fleurets in October 2016 and attracted high levels of interest with over 10 separate parties viewing the property.
Following a last-minute bidding process, a sale was agreed and contracts exchanged in mid December.
Mr Jayesh Popat of the Arianya Group stated: “We are delighted to have acquired the Caring Hotel which will sit well within our estate and we are grateful to Andy Frisby and his hotels team at Fleurets. We look forward to enhancing the family spirit that has characterised this property during a long and successful period of ownership.”