The hotel opened in 1908 as
The Piccadilly Hotel. The building was designed by
Richard Norman Shaw, and it was the first portion of the great scheme for the rebuilding of
Piccadilly Circus and the Quadrant of
Regent Street to be realised. The hotel was bought by
Le Méridien in 1986 and renamed
Le Méridien Piccadilly. In 2010, Starman Hotels, a joint venture between
Starwood Capital Group and
Lehman Brothers, sold the hotel for £64 million to
Host Hotels & Resorts, Dutch pension fund
APG and Singaporean sovereign wealth fund
GIC. In 2019, APG and GIC bought out Host's share, forming Archer Hotel Capital. The hotel left the Le Méridien division of the Marriott chain on 26 November 2020, and was renamed
The Dilly London. In 2022, Archer Hotel Capital sold the hotel to Israel-based Fattal Hotels, which announced plans for a £90 million renovation to convert the establishment into a luxury hotel. In the 1930s, the hotel had a resident orchestra which broadcast on the radio and was led by
Sydney Kyte. They also appeared on commercial recordings, billed as Sydney Kyte and his Piccadilly Hotel Band. In 1969, the hotel hosted the first international symposium on gender identity, named "Aims, Functions and Clinical Problems of a Gender Identity Unit". ==Facilities==