article_snippet: Any sale, however, will not effect the current operating lease with Marriott.
article_snippet: Mark Wynne-Smith, global chief executive at JLL hotels and hospitality group, told the Telegraph: 'The last hotel transaction on Park Lane took place two years ago and the market has strengthened since then.'
article_snippet: Just how much the landmark hotel will bring in remains to be seen, though the 2010 purchase did fall short of the £600m price tag that was discussed at the time.
article_snippet: the landmark hotel first opened the landmark hotel doors on May 14, 1929.