A prime Edinburgh location has been acquired by luxury hotel group Red Carnation for its first hotel in Scotland.
The company aims to transform 100 Princes Street in the city centre with a multi-million pound revamp into an “exclusive retreat” similar to the group’s Hotel 41 in London with around 30 rooms.
The property was home to private members club the Royal Over-Seas League until 2017.
The new hotel is due to open next year as the group’s 19th property worldwide.
Red Carnation’s portfolio includes Hotel 41, which overlooks the Royal Mews at Buckingham Palace, and Ireland’s Ashford Castle, which was once home to the Guinness family.
Managing director Jonathan Raggett 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.”
“We intend to pay full respect to this remarkable location and city, its history, tradition and people, and are excited to be blending our internationally renowned breed of personal service and generous hospitality with the warm humour, expertise and knowledge of the best talent in Edinburgh.
“With meticulous care and attention to the listed building’s interior, we will embrace its history and heritage, using the finest local artisans and suppliers.”
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