Edinburgh could be set for another aparthotel after CBRE put a former city centre Hertz car rental office up for sale, subject to planning permission, to transform it into a 51-bedroom apartment hotel.
The new hotel would comprise ensuite rooms, a courtyard area and reception.
Edinburgh is one of the UK’s strongest performing hotel markets, attracting 1.8 million overnight stays in 2022, with strong growth in the average daily rate achieved in the last 24 months. A decision on planning permission will be made by Edinburgh City Council before the summer,; overall, Scotland accounted for 14% of UK hotel deals in 2023.
