Crowne Plaza hotel to open on Albert Embankment

The 15-storey Crowne Plaza London Albert Embankment will be adjacent to the Park Plaza Riverbank hotel.

The existing office building on the site, Wah Kwong House, has been vacant for a number of years.

Operating under a franchise agreement with Cannon Corporate UK, the the new hotel will have more than 130 guest rooms and a restaurant overlooking the River Thames.

"It's fantastic to be signing another great upscale hotel in this thriving part of London less than a year after IHG opened InterContinental London Westminster," said Robert Shepherd, chief development officer at InterContinental Hotels Group.

"We have an enormous opportunity to build on what has already been achieved in London and we are showing no signs of slowing down.

"The UK market offers a wealth of development opportunities that are yet to be realised.

"This hotel is a great example of IHG's growth here and a strong sign of confidence in our brands."

Mudhar Shawkat, owner of Cannon Corporate UK, said: "Crowne Plaza London Albert Embankment will be an asset to London.

"The need for fully-equipped business-minded hotels is ever increasing and we're looking forward to providing a wonderful hotel experience to our guests."

This summer Lambeth councillors approved plans to extend the adjacent Park Plaza Riverbank building.