The news has only just been announced so it obviously won't be opening in time for The Olympics, but we suspect there will be plenty of gold on display in the interior when it eventually does.
The owners of the legendary luxury London department store, Harrods, have announced plans to open the first Harrods hotel in London.
There are plans to build the British retailer into a global brand with long term ambitions to open Harrods hotels in Paris and New York as well as other parts of Europe and in Asia.
Luxury Loves
Luxury Retail meets Luxury Hotel for the store which originally opened in Knightsbridge in 1849