US designer Peter Marino will have a 拢200m budget to play with on Peninsula Hotel fit-out

Peninsula Hotel, Hyde Park Corner

Peter Marino

Luxury architect Peter Marino is being lined up to design lavish interiors for the new 拢500m Peninsula Hotel on London鈥檚 Hyde Park Corner, 黑洞社区 can reveal.

Marino (pictured) - known in his native US as the 鈥淟eather Daddy of Luxury鈥 for his biker style - will be given a 拢200m budget to play with for the fit-out, according to one source close to the project.

Another well-placed source said client Hongkong and Shanghai Hotels (HSH) 鈥渃an spend as much as they want鈥 they won鈥檛 compromise鈥.

Sir Robert McAlpine is advising on construction of the Hopkins-designed 190-room hotel.

HSH declined to comment.