Hotels

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.

Fonab Castle (credit: Deloitte Debt & Capital Advisory) Scottish hotel group Crerar Hotels has successfully secured a refinancing package of approximately £40 million from HSBC UK.

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

The first images of a planned transformation of a historic Victorian Collectors Hall in Glasgow city centre into an event space as part of the ongoing £100 million Love Loan development have now been revealed.

Occupancy and room rates of Scotland’s hotels has grown year-on-year, but profits dipped slightly as cost pressures started to bite, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Scottish hotels increased ye

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

The owners of the five-star Inverlochy Castle have acquired Knockendarroch Hotel in Pitlochry for an undisclosed sum. The award-winning luxury Knockendarroch Hotel is nestled in the heart in the Perthshire countryside, with 18 bedrooms and a popular 2 AA Rosette restaurant.

Scotland's hotel sector is experiencing a surge in investment, with Q3 2024 figures having reached £110 million, a 150% increase on the five-year quarterly average of £44m, according to Colliers. This brings the year-to-date total to £200 million, an 18% rise compared to 2023. Coll