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High street opportunities

Best Western ‘lost out’ on Princes St in search for vacant sites

Johnnie Walker Experience
Diageo beat hotelier to former department store building Best Western was beaten to a prime retail site in Edinburgh which it had hoped to convert into a hotel. Chief executiveRead More

Share plummet in tour group

Chinese investor Fosun in £750m Thomas Cook rescue talks

Thomas Cook holidays
Thomas Cook is hoping to salvage its holiday business   Shares in package holiday business Thomas Cook Group plunged 40% in early trading after it confirmed talks with the ChineseRead More

Inaugural event next month

Beaumont backs Women’s Tour to spur interest in cycling

Mark Beaumont and Eileen Roe
Mark Beaumont and Eileen Roe encouraging women to take up cycling   Mark Beaumont, the endurance athlete, believes next month’s Women’s Tour of Scotland could spark an uptake in femaleRead More

£2.5m deal completed

Strathmore adds Ben Wyvis to growing hotels portfolio

Ben Wyvis Hotel
Highlands sale: Ben Wyvis Hotel   Ben Wyvis Hotel in the Highlands has been acquired by the Strathmore Hotel Group, owned and run by the Rickard family, for an estimatedRead More

Makeover for private club

Red Carnation plans luxury hotel in Princes Street

Luxury hotel group Red Carnation has acquired a property on Edinburgh’s premier shopping street for its first hotel in Scotland. The company said it aimed to “transform” the former RoyalRead More

Five-storey building planned

Permission granted for 196-room hotel at airport

Glasgow airport hotel
A five-storey hotel is to built at Glasgow Airport Business Park after the 196-bed project received planning permission. Designer Dexter Moren Associates (DMA), which delivered the Crowne Plaza and HolidayRead More

New tourism business

Indian millionaire’s Scots holiday led to hotels venture

Rokeby Manor is one of three hotels in the new group   An Indian millionaire, who came to Scotland on holiday and decided to set up a hotel group inRead More

Gains from short-term lets

Airbnb claims £693 million boost to Scottish economy

Edinburgh Castle and Princes Street
Edinburgh has seen a surge in Airbnb bookings (pic: Terry Murden)   Controversial accommodation bookings platform Airbnb generated a near-£700 million boost to the Scottish economy last year, according toRead More

Boost for Clyde economy

£19m funding deal ‘game changer’ for cruise business

Greenock Ocean Terminal
Ship-shape: ‘investment is crucial’   A £19 million package of support for Greenock’s proposed ocean liner terminal has been described as a “game changer” for the town’s cruise business. FundsRead More

Key archaeological finds

Virgin Hotel building to begin after dig delays work

Virgin Hotels Branson
Richard Branson at the Edinburgh launch   Construction will begin on the first Virgin Hotel in Europe within weeks, following the completion of archaeological works on the site in Edinburgh’sRead More