Demand for Scotland's hotels has increased in June with people still wanting to travel this summer, but this was not enough to offset increasing staff costs as profits fall, according to the RSM Hotels Tracker.
Hotels
As Oasis fans prepare to gather at Murrayfield Stadium for a weekend at the Live 25’ reunion tour, demand for hotel rooms in Scotland has skyrocketed, with rates increasing by almost 200%, RSM analysis shows. The audit, tax and consulting firm found the average cost of room rates in Edinburgh
The Albert Hotel, a long-standing hotel in Orkney, has undergone an extension following a significant funding injection from Royal Bank of Scotland. Established over two decades ago, the Kirkwall hotel has become a cornerstone for both leisure and business travel in the region. The new funding has e
April’s increased employer costs continued to bite for Scotland’s hoteliers in May, according to RSM’s Hotels Tracker, as room rates increased but profits fell. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows average daily rates (ADR) of occupied
Balmoral Group, owner of the five-star Marcliffe Hotel, announced its intention to acquire Woodbank, a Shell-owned property with hotel and leisure facilities, adjacent to the existing Marcliffe site on North Deeside Road, Pitfodels, Aberdeen. The deal is subject to contract, which is well advanced.
Scotland’s hoteliers were hit with a double whammy in April, as they faced a rise in employment costs, along with price pressures on room rates, yet still saw an uplift in profits, outperforming the wider UK market, according to the RSM Hotels Tracker. The data, which is compiled and produced
Caledonian Leisure, operator of Caledonian Travel and UKBreakaways, has acquired the 63-bedroom Dreadnought Hotel in Callander, famously known as the Gateway to the Highlands.
Occupancy and room rates dipped slightly for Scotland’s hotel sector in March, with further headwinds expected amidst the increase to employers’ National Insurance contributions from April, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and anal
Administrators overseeing the sale of a historic 24-room Scottish boutique hotel have appointed specialist hotel agent Colliers to market the business and property in Inveraray for offers over £2.85m.
Scottish hotel group Crerar Hotels has successfully secured a refinancing package of approximately £40 million from HSBC UK. The funding supports ten properties within the group's portfolio, comprising nine hotels across Scotland and one in the Lake District, including notable venues such as F
Scotland’s capital continues to dominate the UK hotel market, securing the first position in the 2025 Colliers UK Hotel Market Index.
Kenneth Craig and Kevin Mapstone of Begbies Traynor have been appointed joint administrators to Inveraray Inn Ltd, the company operating the historic George Hotel in Inveraray, after it was placed into administration by its directors. Mr Craig and Mr Mapstone were appointed to oversee the admin
Turas Hotels has acquired the landmark Cairngorm Hotel in Aviemore, previously under family ownership for three decades. The purchase, for an undisclosed sum, strengthens the group's presence within the Cairngorms National Park. The 32-bedroom Victorian hotel, a prominent feature of Aviemore's main
Staff costs in Scotland’s hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions (NICs) and National Minimum Wage (NMW), meaning pressures are only set to intensify, according to the RSM Hotels Tracker. The data, whic
Scotland’s mid market and luxury hotels have continued to experience robust growth, as the cost-of-living dissipates and consumers upgrade their choice of hotel, with the budget market being hit the hardest, according to the RSM Hotels Tracker: Focus on Asset Classes. The data, which is compil