The Aberdeen Altens Hotel and The Stirling Highland Hotel are two of the hotels in a £130 million porfolio being marketed jointly by Savills and Rothschild.

The Hotel Collection has brought to market a portfolio of 10 regional UK hotels known as Project Solstice for a guide price in excess of £130 million.

The Victorian Stirling Highland Hotel, which was originally a school, now features 96 bedrooms plus a health club, squash court, restaurant, bar and six conference rooms. Many of its original period features have been retained, creating an impressive exterior and ornate interior decor.

The hotels, which offer a combined total of 1,433 bedrooms and 111 meeting rooms plus numerous restaurants, gyms and health spas, produced a total revenue of £48 million in 2015.

In England and Wales, the collection also includes The Majestic Hotel, Harrogate; The Old Ship Hotel, Brighton; The Redworth Hall Hotel, County Durham; The Imperial Hotel, Torquay; The Billesley Manor Hotel, Stratford-upon-Avon; The Shrigley Hall Hotel, Macclesfield and The Imperial Hotel, Blackpool and The Angel Hotel, Cardiff.

Martin Rogers, head of UK hotel transactions at Savills, comments: “We are pleased to be bringing this significant collection of hotels to market. The distinctive heritage and character of each property has been maintained while generating a robust collective income. The portfolio also offers numerous value-add and asset management opportunities to further enhance the long term revenue.”

Related Posts

Oil & Gas UK Guidelines Celebrated by National Engineering Institute Oil & Gas UK’s outstanding contribution to raising the professional standards of the industry by producing good practice guidelines has been recog...
Scottish Farming market stands firm despite regulatory unrest Farmers in Scotland are remaining committed and upbeat despite the unrest caused by regulation changes and the impending referendum, according to a la...
Start up Britain tour to visit Dundee Following a high­profile Downing Street launch and a successful tour around towns and cities in England and Wales, national enterprise campaign StartU...
Toolkit Launched to Help Subsea Companies Plug the Skills Gap Subsea UK has developed a “toolkit” to help companies grow their own talent as the industry faces a massive shortfall of people. The industry body,...
Nexen and Apache pledge £80,000 to north-east charity Two oil and gas companies have made donations totalling £80,000 in a significant funding boost which will support vital youth counselling provided by ...
IFB connects first north-east businesses to high speed network A number of north-east businesses have been connected to the first high-speed ICT network joining two key European data centre operators in Aberdeen a...