Highland Coast Hotels has appointed its first managing director to drive growth for the group on the North Coast 500 (NC500), which celebrates its tenth anniversary in 2025.
Mild weather and the October half term has seen Scotland’s hotels buck the seasonal trend, maintaining strong levels of occupancy and gross operating profits, according to the RSM Hotels Tracker.
Specialist fit-out contractor Thomas Johnstone Ltd has been appointed as the main contractor for a multi-million-pound refurbishment project at Crieff Hydro Hotel in Perthshire.
Asset management company The Seventy Ninth Group has strengthened its portfolio of leisure and holiday parks with the acquisition of a £15 million project in Drumnadrochit on the shores of Loch Ness
Glasgow businessman David Low has sold The Arlington, an iconic Glasgow pub he purchased three years ago, for an undisclosed sum to experienced operator Peter Di Ciacca, owner of Riva Restaurants.
Scotland’s luxury and mid market hotels have experienced a boost, as consumers are trading up their choice of hotels and demand for budget hotels falls amidst easing cost-of-living pressures, according to RSM.
Edinburgh has retained its position as the most attractive city for UK regional hotel investment for the fourth consecutive year running, and has moved up one spot to ninth most attractive in Europe, according to Deloitte.