Scotland’s hotel sector has experienced robust performance this summer, with luxury hotels playing a pivotal role in the post-pandemic recovery, average room rates have grown as well as revenues per available room across Scotland.
The City of Edinburgh Council has granted planning permission for the National Galleries of Scotland’s new community space, conservation, research and art storage facility in the heart of Granton.
Despite facing hurdles such as rising costs, staffing issues, and legislative changes, Scotland’s hospitality sector has significant opportunities for growth and expansion, according to financial experts from the Cumberland Building Society, Harper Macleod LLP, EQ Accountants LLP, and Graham + Sibbald.
The Uile-bheist Distillery and Brewery has contributed to the revitalisation of Inverness, attracting over 3,000 visitors in August alone since its formal opening to the public in June.
Blackfinch Property has finalised a £5.6 million bridging loan, set for a term of 12 months, earmarked for the development of a new hotel in Edinburgh’s centre.
Scotland’s hotel industry experienced a robust August, with increased room rates, higher occupancy, and a boost in gross operating profits, largely driven by popular events like the Edinburgh Fringe Festival, according to RSM Hotels Tracker.
Developers Hunter REIM and Ruby Hotels have welcomed the support of council officers for the planned £100 million regeneration of a segment of Edinburgh’s Princes Street, specifically the 104-108 block, as the development’s proposal goes before councillors this Wednesday.
A hospitality business on the NC500 has ended a post-Brexit staffing shortage which reduced trading hours by 29% by introducing an innovative ‘work to live’ programme for staff.
Following an extensive and sensitive renovation project, completed in Summer 2023, the Buccleuch Estates has unveiled Dabton House, a Buccleuch family home located within the Queensberry Estate, ten minutes from Drumlanrig Castle.