The Edinburgh Collection buys Princes Street Suites

George Sell George Sell Uploaded 04 April 2019

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UK: The Edinburgh Collection has acquired Princes Street Suites, a 37-key aparthotel in Edinburgh city centre.

The property won the 2019 Scottish Hotel Awards' Family Hotel of the Year category in Edinburgh and the Lothians for the second year in a row.
 
Ricky Kapoor, managing director of The Edinburgh Collection, said: "Edinburgh is a robust market where we are long term investors with a good mix of corporate, leisure and event business. The Edinburgh Collection is well placed to cater to this with each of our Edinburgh properties offering its own unique character, appealing to a different kind of customer.  The Princes Street Suites offers a luxurious edge to our portfolio and our team are looking forward to marketing it effectively from within our group."
 
The Edinburgh Collection says it is passionate about keeping the same high standard of customer service at the Princes Street Suites, which previously was managed by RBH. The aparthotel will retain existing staff and will bring in-house the outsourced housekeeping staff, with the 22-person team led by GM Alain Martzolff.
 
While the suites were recently refurbished with fully equipped kitchens and spacious living areas, The Edinburgh Collection says it will substantially improve the walk-in and welcome experience by expanding the reception area with a 24-hour bar and coffee lounge. The apartments will be upgraded to include smart TVs, USB charging points and provide a Handy Smartphone in each apartment.
 
Sheetal Kapoor, group CEO of The Edinburgh Collection, said: "The acquisition of Princes Street Suites enhances The Edinburgh Collection's portfolio in the city with a full range of accommodation options from the affordable business class Haymarket Hub Hotel; the historic Old Waverley; and the four-star Holyrood apartHOTEL just off the city's Royal Mile. The group now owns in excess of 440 bedrooms across Edinburgh, employing over 120 staff across the four properties. The group has seen positive growth in profit and turnover in the last financial year and with the acquisition of Princes Street Suites the group looks forward to continue this trend."

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