Tuesday, March 19, 2024
BusinessLeonardo Hotels purchases the Scottish Portland Hotels

Leonardo Hotels purchases the Scottish Portland Hotels

Leonardo adds five properties in Edinburgh, Glasgow, Perth and Aberdeen. Its portfolio in the UK will grow to seven hotels with 1,048 bedrooms.

Leonardo Hotels are delighted to report it has acquired a strategically placed portfolio in Scotland increasing the company’s presence in Edinburgh and gaining a presence in Glasgow, Perth and Aberdeen. Portland Hotels will add 536 additional bedrooms across Scotland and will take Leonardo’s presence in Edinburgh to 445 bedrooms joining the Leonardo Royal which was acquired in October last year.

The newly acquired portfolio will join the Leonardo Hotels family and will be integrated into the wider Leonardo portfolio, which will comprise over 80 hotels after the recent acquisition.

Together with Leonardo Hotel London Heathrow Airport, Leonardo’s portfolio in the UK will grow to seven hotels with 1,048 bedrooms.

Information on the hotel portfolio:

The Edinburgh City Hotel is a charming 52 bedroom boutique hotel located at the heart of the capital city of Scotland below Edinburgh Castle and minutes from Grassmarket night life, West End Shopping, Haymarket Station, the central business district and the Edinburgh International Conference Centre. The Edinburgh Capital is located strategically between Edinburgh city centre and Edinburgh Airport. In addition to its 111 rooms, the Edinburgh Capital hotel has seven meeting rooms available with a capacity of up to 320 persons and an excellent leisure club with a swimming pool. The Glasgow Pond Hotel with its 137 rooms and three meeting rooms for up to 130 persons is located in the prosperous West End of Glasgow in close proximity to the key cultural attractions including Kelvingrove Museum, Glasgow University and the area’s cafés, restaurants and boutiques. In Perth, the Huntingtower Hotel provides 34 bedrooms. An extensive capacity for holding premium events as well as expansive gardens make it an ideal facility for meetings and private celebrations. The Speedbird Inn with 202 rooms is located immediately adjacent Aberdeen Airport and features a large parking facility with park, sleep and fly options as well as being a favourite with business travellers.

Daniel Roger, Managing Director of Leonardo Hotels Europe: “When we entered the market in the UK two years ago, we made it our goal to further expand our portfolio and strengthen the name recognition of the Leonardo Hotels brand. The purchase of Portland Hotels underscores this. I am convinced that our guests will love and appreciate this expansion of our offerings in key destinations across Scotland”.

Leonardo Hotels were advised by JLL Hotels and Hospitality Group as well as West Ridge Asset Management, French Duncan and DLA Piper. Brodies represented the existing shareholders.

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