
Bruntsfield Hotel, Edinburgh
A boutique hotel in a key international and domestic leisure and business travel destination that has been benefitting from increased tourism spend by the growing global middle class.
- Acquisition of a historic, operating boutique townhouse hotel in Edinburgh, with c. 70 keys across three storeys.
- Located in an affluent neighbourhood in the most visited city behind London, and a short walk from major attractions.
- Undertook rolling refurbishment of the bedrooms, addition of four additional bedrooms, and refurbishment and re-positioning of the restaurant and bar amenities.
- Partnered with an experienced third-party operator to improve operating performance and sales distribution and to conduct a wider rebranding of the hotel.
- Benefitted from strong performance post-Covid as people returned to travelling for business and leisure.
- Post-execution of the business plan, stabilised NOI performance was significantly ahead of budget, leading to the sale of the hotel in November 2024.