H10 London Waterloo is due to open in March 2010 and will offer 177 rooms.
The four-star property, situated near London Waterloo station, will have 130sqm of event space.
Its largest meeting room will have capacity for 80 delegates.
H10 London Waterloo sales manager Leandro Munoz said the corporate meetings market would be important to the hotel, which has secured bookings from a number of government clients.
The London property will be H10 Hotel´s second property outside Spain and its opening is part of a global expansion plan, which includes the opening of a hotel in Berlin in October next year