St James Quarter has announced that the latest phase of the development will reach completion this November as W Edinburgh is set to open its doors at the new lifestyle district in Scotland’s capital.
Plans to redevelop the Carnoustie Golf Hotel could take the first steps this week when councillors consider a proposal to transfer the lease of the property.
S Hotels & Resorts, advised by Savills, has acquired the freehold of Mercure Glasgow City Hotel on Ingram Street from Alternative Income REIT for £7.5 million.
A popular Scottish Borders holiday park, which is owned and operated by Cove UK, has unveiled a series of major luxury upgrades, featuring architecturally-designed accommodation, community spaces and a new bar and owners’ lounge.
The Monachyle Mhor Hotel is primed for significant infrastructural enhancements, thanks to a £1.7 million funding from the Cumberland Building Society.
CDLH Chartered Surveyors have completed the sale of the Abbotsford Lodge Hotel, a 14-bedroom property located in the village of Callander, for an amount above the £595,000 asking price.
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.
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.
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.