Properties

Hilton Cambridge City Centre

20 Downing Street, Cambridge CB2 3DT

  • Guest Room

    198
    Guest Rooms

  • Land Area

    ~3,600 sq m
    Land Area

Hilton Cambridge City Centre is an upper upscale hotel with 198 rooms, and arguably the best located and largest premium hotel in Cambridge City Centre. It boasts a prime location in the heart of the city, being 1.6 km from Cambridge railway station and is situated beside the main shopping and historic attractions. It is also within the vicinity of popular tourist destinations such as King's College, Trinity College, Fitzwilliam Museum, Cambridge University Botanic Gardens, and the River Cam. The Grand Arcade Shopping Centre, the city's largest shopping mall, is also adjacent to the property.

NOTABLE ACCOLADES

  • • TripAdvisor Certificate of Excellence (2015 - 2023)
  • • TripAdvisor GreenLeaders GreenPartner (2019 - 2023)
  • • Accreditation by the Meeting Industry Association (2017 - 2021)
  • • Cambridge BID Awards 2022 - Best Overall Customer Experience (Runner-up - Overnight Accommodation)
  • • Gold Accreditation for Overall Customer Experience in Cambridge BID Awards 2019
  • • Gold Accreditation for Bull & Bass Restaurant in Cambridge BID Awards 2018
  • • Hotels.comTM Certificate of Excellence (2017 - 2023)
  • • Booking.com Gold Certificate of Excellence (2017 - 2021)
  • • HolidayCheck Certificate of Excellence 2018
  • • Great Places to Work UK | 2020 (3rd place) | 2021 (1st place) | 2022 (1st place)

 

Property Details [  –  ]
Number of guest rooms 198
Number of F&B outlets Two outlets comprising Bull & Bass Restaurant and the Piano Bar
Banquet/Conference/Meeting facilities 501 sq m of event space comprising five function rooms and atrium public space
Other facilities Executive Lounge, LivingWell Fitness Gym, 24-hour In-room Dining, and the Bar Oh Ltd concession - a private members jazz event club & bar
Land area ~3,600.0 sq m
Title 125-year leasehold interest commencing from 25 December 1990 (1)
Purchase price at 1 October 2015 £61.5 million (2)
Valuation (3) as at 31 December 2023 £58.5 million
Hotel Management Agreement Details [  –  ]
Operator Hilton UK Manage Limited, an affiliate of Hilton Worldwide Inc.
Term of hotel management agreement 1 October 2015 to 31 December 2027
FY 2023 Key Financials [  –  ]
Gross Hotel Revenue S$19.7 million (4)
(£11.8 million)
Net property income S$6.2 million (4)
(£3.7 million)
Average occupancy rate 71.1%
  • (1)The lease term may be extended for a further term of 50 years pursuant to lessee's (CDLHT) option to renew under the lease granted by the head lessor (Cambridge City Council).
  • (2)The purchase price of £61.5 million refers to the price of the property and excludes the adjustment for net working capital.
  • (3)The property was valued by Colliers International Consultancy & Valuation (Singapore) Pte Ltd using the Discounted Cash Flow approach.
  • (4)Based on the average exchange rate of £1.00 = S$1.6637.

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