Property

Transactions of Scottish boutique hotels hit £71m in H1

The Scottish hotel market has seen a threefold increase in investment volumes so far in 2023, with transactions totalling £165m compared with £54m last year

Scotland has seen transactions of independent boutique hotels reach £71m in H1 of 2023, accounting for 43% of all deals year to date, according to Savills. This compares to transaction volumes of just £54m for all hotels in the same period last year. 

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