Maven Capital Partners has sold ibis Styles Glasgow Centre George Square to an undisclosed international hotel group, for a total consideration of approximately £7.5 million.
Hotels
The Ship Inn, a traditional hostelry with eleven letting bedrooms which sits on Stonehaven harbourside, has been sold for an undisclosed sum by its long-term proprietor, Simon Cruickshank who is now set to enjoy a well-earned retirement. And remarkably, its new owner, is another Simon Cruickshank, n
Scotland’s luxury and mid-market hotels enjoyed a rise in occupancy, room rates and profits in August year-on-year, with budget hotels also seeing growth in room rates and profits, despite a slowdown in the wider UK market, RSM Hotels Tracker: Focus on Asset Classes has revealed. The data, whi
Scotland’s hotels bucked the wider UK trend in August despite higher staffing costs, following the double boost to the hotel market from the Edinburgh Fringe Festival and Oasis concerts, according to the RSM Hotels Tracker.
Apex Hotels has added the iconic Dunblane Hydro to its portfolio, with the hotel officially reopening as Apex Dunblane Hydro Hotel on 28th November 2025. The business acquired the historic property in November 2024, and from November 2025 the hotel will form part of Apex Hotels’ portfolio.
Artfarm Ltd, the UK operator of Braemar’s Fife Arms Hotel, saw its losses nearly double to £11.4 million last year, according to new accounts filed at Companies House. The figure is a significant increase from the £6.6m loss recorded in the previous year.
RSM: School holidays, staycations and a sizzling summer boost Scotland’s hotel sector in bumper July
The outlook was bright for Scotland’s hotel sector in July as school holidays, staycations and a summer heatwave meant occupancy, room rates and profits all exceeded the previous year’s figures, according to the RSM Hotels Tracker.
The owners of the Oswald House Hotel in Kirkcaldy have successfully completed an extensive refurbishment project thanks to a six-figure business term loan from the Royal Bank of Scotland.
Administrators overseeing the sale of the historic 24-room Scottish boutique hotel have sold the hotel business, its contents and a residential dwelling to a duo of experienced hotel operators, Charlie Maclachlan and Sam Wignell of Fyne Hospitality, for £3.05 million in a deal that will save u
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.
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

