Towns to benefit from developments
Hotels planned for Hamilton and Inverness
Proposed 118-room hotel would bring economic benefits
Hamilton Park racecourse has unveiled plans for a £10 million hotel operating under the Hampton by Hilton brand.
The 118-room property is to be built on what is currently the main public car park of the racecourse grounds.
It will double the current number of employees at the course to 20, with a variety of roles in managerial, professional, customer service and administrative positions.
The Hamilton Park executive team has undertaken extensive feasibility studies into the development and projects it will generate an additional £5.9m a year in additional visitor expenditure in the area.
It will also add a gross value of £700,000 per year to the economy, with £400,000 of that directly in South Lanarkshire.
The hotel, which has been designed by local practice, ICA Architects, is expected to double the size of the racecourse’s business within three years of opening.
Vivien Currie: hotel helps the course compete
Vivien Currie, chief executive at the racecourse, said: “The project has been driven by both public demand, largely from our local customer base, not only for race days but for weddings and other events, and from our racing personnel.
“We are constantly competing with racecourses further south to attract top trainers and jockeys. Having an onsite modern Hampton by Hilton hotel for them to stay in will add to the host of benefits and incentives we offer to racing connections to ensure we stage top quality racing here in Hamilton.
“Our prize money increased by 15% this past season and now it’s time to invest again in our facilities and attract new visitors.”
Inverness offices sold for hotel development
Patio Hotels (Aberdeen) has bought an office building in Inverness for an undisclosed sum to to redevelop as a four star hotel.
The purchaser of the 23,000 st ft Bridge House in Church Street operates the Kingmills Hotel in the city.
Shepherd Chartered Surveyors acted for the vendor Threadneedle Pensions.
Inverness offices to be converted
Sandy Rennie, partner in the Inverness office, said: “This sale represents a very large disposal in the Inverness market and confirms the city’s growing reputation as a desirable location for hotel operators.
“The conclusion of this sale follows our recent sale of the adjacent building to Bridge House to Bar Revolution, formerly home to McEwen’s of Perth, and provides further evidence of a buoyant market for investment in Inverness’s buoyant hospitality sector.”