19

September

Glasgow offices to be transformed into Ibis Styles hotel

A disused office block on Glasgow’s Waterloo Street is set to be transformed into a new hotel.

The hotel, which will include 137 bedrooms, is due to open its doors next summer under the Ibis Styles brand following a franchise deal with Maven Capital Partners and operator Redefine BDL Hotels (RBH).

Cristina De Oliveira-Frewen, AccorHotels’ senior vice-president for franchise hotels in the UK and Ireland, said: “This will be a great new hotel in a prime site in the heart of Glasgow and marks another step in the growth of our brands in the UK.

“Accelerating the franchise growth of the Ibis Styles brand is one of our strategic priorities and this is the kind of opportunity we’re looking to replicate in the right sites across the UK.”

Maven investment director Paul Johnston said: “Glasgow is one of the strongest-performing hotel markets and the Ibis Styles brand is a perfect fit for the regeneration that Glasgow, a city famous for culture, music and sport, has undergone in recent years.”

Read the full article from the Scotsman


Fill out the form below and one of our experts will contact you. Office hours are Monday - Friday, 9:00 - 17:00.







Briefly describe how we can help. Please be as specific as you can with your enquiry so that we can efficiently deal with your query.


captcha


Latest News

Strathclyde-based laser research centre receives £5 million funding

The UK headquarters for Europe’s largest contract research organisation, Fraunhofer Centre for Applied Photonics (FhCAP), has received an investment...Read More

Glasgow landmarks to host European Cycling Road Championships

Glasgow’s Riverside Museum will act as the starting point for the time trials when the European Cycling Road Championships...Read More

GPU completes 190,000 sq ft Glasgow HQ letting

The Government Property Unit has completed its letting for HMRC of circa 187,205 sq ft of offices at Bam...Read More

News by Sector

News Archive

Email Alerts

Sign-up to our email updates for the latest investment opportunities and information in Glasgow. Fill out the form below with your email.