LONDON — The Sheraton Grand London Park Lane will relaunch in October following a multimillion dollar renovation, with rates starting at £249 (about $432) for a classic room.

The designation of the Sheraton Grand London Park Lane brings the property into Sheraton Hotels & Resorts’ premier tier of hotels. There are currently 32 other Sheraton Grand properties worldwide.

“Following a stunning renovation on this Art Deco hotel in the heart of Mayfair, we are very proud to welcome the Sheraton Grand London Park Lane into this premier tier of hotels as it represents the Sheraton brand’s new elevated and customized approach to design.” said Elena Mendez, Vice President, Sheraton, Westin and SSB brands in Europe, Africa and Middle East.

First opened in 1927, the 303-room property will undergo a top-to-bottom transformation of its guest rooms and public spaces, “combining the modern touches of a luxury hotel with careful restoration to retain the original elegance and Art Deco glamour of this historic property”.

The renovation features the addition of 43 Sheraton Club rooms and suites. In addition to the Club rooms, the hotel’s 21 suites will be reconfigured to maximize space, with select rooms offering the option to connect adjoining suites, allowing for larger family travel.

In the hotel’s famous Palm Court Lounge, in keeping with the tradition of the grand hotel lounges of the 1920s and 1930s, breakfast, Afternoon Tea, dinner and cocktails are served, as well as menu additions through Paired, matching small plates and eclectic bar snacks with suggested premium wines and local craft beers. The Sheraton Grand London Park Lane also boasts a new Italian restaurant, Mercante, for hotel guests and visitors alike, as well as the Smith & Whistle bar, opened last year.

More details are at sheratonparklane.com.