Main Photo: The view from 100 Princes Street towards Edinburgh Castle
Date: July 2019
Location: Princes Street, Edinburgh, Scotland, UK
Name: 100 Princes Street – opening 2020
No. of Keys: 30
Seller: Royal Overseas League, which was a three star 20 room hotel/members club and the property previously functioned as the headquarters for the Royal Overseas League private club between 1929 and 2017.
The selling agent was Galbraith
Buyer: The Hotel Collection, which is part of The Travel Corporation group of travel companies, is to renovate 100 Princes Street in the centre of the Scottish capital. Travel Corporation is the parent company of Red Carnation, with travel brands such as AAT Kings, Contiki, Evan Evans, Trafalgar and Uniworld in it’s collection.
Red Carnation Hotels has announced plans to open a property in Edinburgh, which will become its first hotel in Scotland.
100 Princes Street, which offers views across to Edinburgh Castle, will become Red Carnation’s 19th property around the world when it opens next year as a 30-room hotel.
Red Carnation said the new Edinburgh hotel will “replicate the boutique atmosphere” of sister property Hotel 41 located close to Buckingham Palace in London.
Jonathan Raggett, managing director of Red Carnation Hotels, said: “It has been a dream of ours to open a hotel in Edinburgh for some time, and with the best address in the city, it was well worth the wait.
“Guests at 100 Princes Street will enjoy everything that makes Red Carnation so special, from our individually designed interiors to the signature dishes of our president and founder Beatrice Tollman, delivered with passionate service, generous hospitality and a genuine commitment to the environment and communities in which we operate.”
THPT Comment: Great buy for Red Carnation, a very stylish hotel company with 19 hotels throughout the UK, South Africa and Ireland.
First Seen: TTG
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