New Edinburgh luxury hotel will transform 'eyesore' abandoned offices
Published date | 22 June 2022 |
Publication title | EdinburghLive (Scotland) |
Now, with a £22 million NatWest deal, Resident Hotels will be able to complete the delivery of its new £50 million The Resident Edinburgh venue, taking the group's portfolio to six hotels including four in London and one in Liverpool.
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The Resident Covent Garden is currently ranked the highest rated hotel in London and the United Kingdom on TripAdvisor. Renovation works are underway in Edinburgh with an anticipated opening date of Q1 2024.
The brand is known for its luxury rooms led offering, focusing on what guests really want with an emphasis on British craftsmanship and design as well as strong sustainability credentials.
The financial backing from NatWest facilitates extension and refurbishment of the building's original structure to include additional floors, offering stunning views of Edinburgh Castle and the rest of the city, too. Redeveloping the existing site will save approximately 40 per cent of embodied carbon emissions within the building and around 697 tonnes of carbon dioxide when compared with a new build.
The professional team is also exploring the extensive use of glass recycled from the original building, whilst already preserving other materials from the existing structure to recycle and repurpose in future schemes.
The Edinburgh opening will provide significant local employment and bolster the Capital's leisure and tourism economy.
William Laxton, UK CEO at Mactaggart Family and Partners, said: "We are excited to bring The Resident brand to...
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