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.
SimpsInns, the hospitality group behind Ayrshire’s Waterside Hotel, is set to begin construction work to launch a new £3 million sea view spa in spring 2025.
The Old Course Limited, which owns the Old Course Hotel and Duke’s golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023.
The founders of Styled by Macs are gearing up for expansion and targeting customers across the UK following the success of their Linlithgow clothing boutique in its first 18 months.