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the only one I stayed in in the Sheraton Park Tower (on Starwood Points). I would recommend it - although I have nothing to compare it too. It is right next to Knightbridge tube and Harvey Nichols.
Heartily recommend the Rembrandt, on Thurlow Place, across from the V and A Museum; not sure if it is considered Knightsbridge or S. Ken, but it is less than 10 min. walk, to Harrods, Harvey Nicks, etc.