International Hotel Partner Found for Edinburgh Marina
Date: June 2018
Location: Edinburgh Marina, Edinburgh, Scotland
Name: Edinburgh Marina Spa & Conference Centre – Opening 2020
Hotel entrance at Edinburgh Marina
No. of Keys: 187 rooms, including 21 suites and a 1,000 sq ft. Presidential suite.
Developer: Edinburgh Marina Holdings, and their funding adviser for the Edinburgh Marina Development has now been confirmed as BFIN (Brookfield Financial), a leading global investment bank focused on major real estate and infrastructure.
Commenting on this announcement Kevin Fawcett, the developer, said: “I am delighted that there has been so much interest from leading international hoteliers in the new Edinburgh Marina Hotel. I hope to be in a position to confirm the identity of the hotelier in the very near future.”
Operator: Edinburgh Marina Holdings have confirmed that it is now in advanced negotiations with a major international hotel partner – believed to be ….Michels & Taylor!, for its new Edinburgh Marina hotel, which forms a key component of the wider £500 million waterside development.
Hotel guests will have access to unparalleled facilities, including a 20,000 sq ft. state-of-the-art health spa and fitness centre, a 10,000 sq ft. Conference & Banqueting Centre, restaurants and bars.
The hotel overlooks the new 340-berth Edinburgh Marina, which will be operated by internationally renowned owners and operators, Camper & Nicholsons Marinas.
The developer will provide an increased percentage of affordable homes, over the required quota.
The leading hotel asset management company, Michels & Taylor, is acting as advisors to the developer.
THPT Comment: Michels & Taylor are interesting company, made up of Sir David Michels, formerly CEO of Hilton and senior Sales Director at GrandMet and Hugh Taylor, formerly a senior executive at Hilton. They are kind of poacher turned gamekeeper in that they formed one of the earliest asset-management companies, in 2010, having experienced third party management companies running Hilton & Marriott hotels. They now own and manage hotels as well as provide asset management and consultancy with a growing portfolio of hotels in the UK and the rest of Europe.
First Seen: Space Hotel Design