Luxury city centre hotels in sale shock

by XPRESS, 22 November 2017

TWO luxury hotels in the heart of Edinburgh’s historic city centre are to shut their doors after more than 20 years so they can be turned into residential properties.

The five star Howard Hotel – located across three of the Capital’s iconic Georgian terraces on Great King Street – and the four-star Channings, on South Learmonth Gardens are set to make way for a number of apartments by the end of the year.

Channings, which has been in Edinburgh for 27 years, will shut at the end of November while The Howard, first opened in 1995, will close its doors in December.

Owners The Edinburgh Collection, who also operate the historic Old Waverley hotel on Princes Street, acquired The Tune hotel at Haymarket last year – rebranding it the Haymarket Hub.

The company also owns the boutique Holyrood Aparthotel, located just off the Royal Mile, but will see its Edinburgh Portfolio cut to three by the start of 2018 with this latest sale.

Ricky Kapoor, Managing Director of The Edinburgh Collection said the move would allow the company to invest in its other ventures around the city.