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Saudi Arabia Sovereign Wealth Fund PIF to acquire 49% stake in Rocco Forte Hotels, Safestay returns to Edinburgh with its acquisition of a former hostel, OMO Retail sells NH Practico Madrid to Gregorio Antoraz, US buyers acquire the Dalhousie Castle Hotel and Aqueous Spa in Scotland from RPHC.
The 11-bedroom property was bought by Emerson Bainbridge in 1877
If that wasn't enough, the 37 acres of grounds has formal gardens, woodland, a tennis court, terrace, parterre, and a lake.
Here’s a taste of the hotel deal and development news that Daily Lodging Report summarized in the past week, as of May 5, 2023.
A luxury hotel and spa close to Edinburgh and another Scottish venue boasting the largest ballroom in the Borders have been put up for sale.