Skip to content

TWA Hotel owner plans to turn London’s BT Tower into a hotel

Feb. 22, 2024
3 min read
BT-Tower-Landscape
TWA Hotel owner plans to turn London’s BT Tower into a hotel
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

A hotel is coming to London's famed BT Tower, but you'll need to wait a few years to check in.

MCR, a U.S.-based hotel ownership group that owns the TWA Hotel at New York City's John F. Kennedy International Airport (JFK), has a purchase agreement for the 620-foot BT Tower in London's Fitzrovia neighborhood. BT Group, the building's seller, announced the deal was worth 275 million British pounds (or about $348 million).

MCR plans to spend several years refurbishing the tower into a hotel and public space.

"We are proud to become owners and custodians of the iconic BT Tower," MCR CEO Tyler Morse said in a statement. "We will take our time to carefully develop proposals that respect the London landmark's rich history and open the building for everyone to enjoy."

Details of how many rooms will be at the hotel, or if the tower's now-closed rotating top-floor restaurant might revive amid the renovation, weren't specified in the company announcement.

Telecommunications BT Group, the tower's namesake, will take several years to vacate the building amid moving its technical equipment elsewhere. From there, MCR plans on a design development and community engagement process before getting underway with the hotel work.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

The company is known for its painstaking process of refurbishing historic buildings and transforming them into modern, high-end hotels. The TWA Flight Center, the defunct airline's architecturally acclaimed Eero Sarinen-designed terminal, transformed into the TWA Hotel under MCR's purview. The company also owns the High Line Hotel in New York City and is currently underway with a redevelopment of the Gramercy Park Hotel.

"We see many parallels between the TWA Hotel and the BT Tower," Morse said. "Both are world-renowned, groundbreaking pieces of architecture. It's been a privilege to adapt the TWA Flight Center into new use for future generations, as it will be the BT Tower."

MCR also gets its fair share of traveler critique (this reporter included) for its nickel-and-diming of certain hotel amenities, like charging a fee to access the TWA Hotel's rooftop pool. It is unclear if those pricing parallels will extend to whatever becomes of the BT Tower.

Unlike the TWA Hotel, the BT Tower hasn't always been a hit with architecture buffs: The New York Times labeled it as one of "the World's Most Hated Buildings" in a 2015 article.

That just means there's all the more reason for MCR to glam it up in the hotel renovation.

Related reading:

Featured image by MCR/BT GROUP
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

TPG featured card

Rewards rate
5X milesEarn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
2X milesEarn unlimited 2X miles on every purchase, every day
Intro offer
Open Intro bonus
Enjoy a $250 travel credit & earn 75K bonus miles
Annual fee
$95
Regular APR
19.49% - 28.49% (Variable)
Recommended credit
Open Credit score description
670-850Excellent, Good

Pros

  • Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
  • You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
  • Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners

Cons

  • Highest bonus-earning categories only on travel booked via Capital One Travel
  • LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Top rated mobile app