According to The Scotsman, the 48-bedroom site has now been bought by Loch Rannoch Estate for an undisclosed sum. The operator had previously managed the hotel 30 years ago before offloading the site.
Nick Pattie, a director of Loch Rannoch Estate, said: “We are extremely excited by the opportunity to renovate the hotel and modernise and extend the facilities at Loch Rannoch for the benefit of our hotel guests, local residents, lodge owners and many regular customers.”
Gordon Fraser, group managing director of Macdonald Hotels, said: “The Loch Rannoch Hotel has been a favourite destination for Scots and international visitors alike for many years.
“We are pleased to have reached agreement on a deal which will see it continue to welcome guests from all over the world for many years to come.”
News of the sale comes only one month after Macdonald Hotels confirmed it was entering a company-wide consultation process, with 1,800 roles “potentially” at risk across the group.
At the time, the group said it had seen a “total collapse” of income over the past three months, and therefore began to issue consultation notices to its 2,299 employees.
Fraser said: “There is no realistic prospect of us returning to anything approaching normality for the foreseeable future and, whilst it’s enormously regrettable, we simply must take these steps to ensure that we have a meaningful business when this situation ends, enabling us to bring back as many of our employees as possible.”