ScottishNews.com

Hospitality & Tourism

Barclays and Apex Hotels forge ahead with £60m financing deal

Published 1 year ago

Barclays has backed Apex Hotels’ expansion strategy with a £60 million refinancing package, earmarked to help the hotel group broaden its portfolio through the acquisition of more properties, particularly in rural locations.

Read on www.scottishfinancialnews.com →

Highlands mountain resort reaches new heights with £1m loan

Published 1 year ago

Nevis Range, a highlands mountain range resort, has witnessed its profits surge by 55% following a £1 million investment package from HSBC UK.

Read on www.scottishfinancialnews.com →

Interpath Advisory takes control of Le Chardon d’Or

Published 1 year ago

Joint administrators Blair Nimmo and Alistair McAlinden from Interpath Advisory took over the reins of Le Chardon d’Or Limited, a Glasgow fine dining establishment, after it ceased trading last week.

Read on www.scottishfinancialnews.com →

Grafterr serves up innovative hospitality industry sales and management platform

Published 1 year ago

Edinburgh-based tech firm Grafterr has launched a new platform set to reshape operations within the multi-location hospitality sector.

Read on www.scottishfinancialnews.com →

Highlands and Islands Airports observes recovery in passenger numbers

Published 1 year ago

Highlands and Islands Airports Limited (HIAL) has witnessed a positive recovery in passenger numbers, approaching pre-pandemic levels.

Read on www.scottishfinancialnews.com →

Savills: Boutique properties lead surge in resilient Scottish hotel market

Published 1 year ago

The Scottish boutique hotel sector has witnessed a substantial surge in transaction volumes in H1 2023, reaching £71 million, making up 43% of all deals year-to-date, according to Savills.

Read on www.scottishfinancialnews.com →

Virgin Hotels Edinburgh appoints new general manager

Published 1 year ago

Virgin Hotels has appointed Mafalda Moura Albuquerque as the new general manager for its Edinburgh property.

Read on www.scottishfinancialnews.com →

Edinburgh design agency wins projects for in Kuwait and Iceland

Published 1 year ago

Visitor destination specialist design agency Studio MB has been awarded major international design projects for the National Bank of Kuwait Museum in Kuwait and the Árni Magnússon Institute in Reykjavík, Iceland.

Read on www.scottishconstructionnow.com →

Cumberland Building Society invests over £45m into Scotland’s tourism sector

Published 1 year ago

The Cumberland Building Society has invested more than £45 million into Scotland’s tourism sector in the last two years.

Read on www.scottishfinancialnews.com →

September opening date for National Galleries of Scotland revamp as final costs revealed

Published 1 year ago

The new galleries at the Scottish National Gallery in Edinburgh will open on September 30, with the final costs of the project confirmed to be more than double the original estimates.

Read on www.scottishconstructionnow.com →

Apex Hotels diversifies portfolio with acquisition of Pitlochry’s Pine Trees Hotel

Published 1 year ago

Edinburgh-based Apex Hotels has expanded its portfolio by venturing into rural markets with the acquisition of the Pine Trees Hotel in Pitlochry.

Read on www.scottishfinancialnews.com →

Six by Nico’s creative culinary journey continues in Cardiff

Published 1 year ago

Scottish restaurant chain, Six by Nico, is bringing its creative culinary experience to Cardiff, Wales.

Read on www.scottishfinancialnews.com →

Lockerbie flower business blossoms into tourism sector with £20,000 loan

Published 1 year ago

Lockerbie-based entrepreneurs, Rebecca and Scott Masterton, are diversifying their floriculture business, The Pretty Wild Flower Co, into the tourism sector.

Read on www.scottishfinancialnews.com →

Hotel plan approved for Edinburgh’s George IV Bridge

Published 1 year ago

The historic building home to the Faculty of Advocates in Edinburgh is to be transformed into an aparthotel.

Read on www.scottishconstructionnow.com →

Edinburgh’s Caledonian Waldorf Astoria changes ownership in £85m deal

Published 1 year ago

Property investment manager Henderson Park and hotel operator Klarent Hospitality have acquired the 120-year-old Caledonian Waldorf Astoria hotel in Edinburgh for a reported sum of £85 million.

Read on www.scottishfinancialnews.com →