Courtyard by Marriott Edinburgh
1-3 Baxter's Place, Edinburgh, EH1 3AF, UK
Description
JLL Hotels & Hospitality Group, as the sole and exclusive advisor, is pleased to present the opportunity to acquire the freehold interest in a comprehensively refurbished Marriott-branded hotel located in the heart of Edinburgh’s UNESCO-listed Old Town.
Strategically positioned close to the Palace of Holyroodhouse, the Scottish Parliament, and within easy walking distance of the Royal Mile, Edinburgh Castle and Edinburgh Waverley station, the Property benefits from one of Europe’s strongest and most resilient hotel markets, underpinned by year-round leisure, corporate, educational and government demand.
The hotel comprises approximately 160 guestrooms alongside a restaurant and bar, flexible meeting space and premium leisure facilities. Operating under the globally recognised Marriott brand, the Property benefits from access to the Marriott Bonvoy loyalty programme and worldwide distribution network.
The asset also presents attractive value-add opportunities through rate optimisation, food and beverage enhancements, and the conversion of underutilised space into nine additional guestrooms.
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Attributes
Keys
160
Location
Prime City Centre
Tenure
Freehold
Capital Expenditure
£10.5m
Media
Investment highlights
- Rare opportunity to acquire a freehold hotel in Edinburgh’s UNESCO-listed Old Town, near the Royal Mile, Scottish Parliament, and Arthur’s Seat.
- Recently refurbished and rebranded under the Marriott brand following a £10.5 million investment, and benefiting from 160 guestrooms, flexible meeting space, and premium leisure facilities.
- Significant value-add potential through room revenue optimisation via a combination of room rate growth and the conversion of meeting space to provide a further nine additional guestrooms.
- Edinburgh is one of Europe’s premier hotel markets, delivering market-leading RevPAR growth and benefiting from robust year-round demand.
- Operated under a Marriott franchise agreement, benefiting from Marriott Bonvoy and global distribution while retaining operational flexibility for a new owner
Contact brokers
Edinburgh Marriott Hotel Holyrood (0 Properties)
