Some 20 jobs will be created as a brand-new four-star hotel with 72 luxury bedrooms is brought to the Scottish island.
The company currently owns five luxury hotels and two inns, and hopes the “total face lift” to the hotel will bring it in line with the rest of its establishments.
Chris Wayne Wills, CEO of Crerar Hotels, said: “Commencing this month, the hotel will receive a total face lift and major internal renovation.
“This will bring the Isle of Mull Hotel and Spa up to the level of our other flagship hotels including Loch Fyne Hotel and Spa, Oban Bay Hotel and Golf View Nairn, all of which have received a significant redevelopment in the past few years.”
The redevelopment will include a spa, 17-metre swimming pool, restaurant and two bars, and an external balcony overlooking Craignure bay.
It will also support the local community, continuing the ethos set up by Paddy Crerar CBE, with more than half of the company’s distributable profits going to local causes and charities via the Crerar Trust.
Paddy Crerar, chairman of the company, said: “There are many people worried for their employment future just now; many just starting out in their career who might now be wondering what’s ahead for them.
“We want hospitality In Scotland to be something that is more than an option; we want it to be their first choice. When the folk of Mull or wider Argyll take a look at what we are doing at the hotel I truly believe they will see something they want to be part of and rightly so.”