Hotels

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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

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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.

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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

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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

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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

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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

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Scotland's hotel market enjoyed a buoyant 2024, with transaction volumes for deals over £1 million having reached £431m, a 38% increase on 2023 and significantly above the 10-year average of £282 million, according to Savills. Ovarall, Scotland accounted for around 7.5% of all UK h

1-15 of 17 Articles