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NEWS
Edinburgh’s four-star Radisson Blu Hotel on the market with price tag of £59m
POSTED 16 Sep 2014 . BY Chris Dodd
Three different properties are on offer, including the Blu in Edinburgh Credit: Radisson Hotels
Edinburgh’s four-star Radisson Blu Hotel has been put up for sale with a price tag of £59m (US$95.8m, €74.1m), with agents CBRE and JLL also seeking to shift properties in Manchester and Glasgow as part of the portfolio on offer.

The Blu can be bought as a single purchase, while the Park Inn by Radisson in Manchester is being offered up at £20m (US$32.4m, €25.1m) and the Quay Leisure Park in Glasgow at £53.3m (US$86.5m, €67m). However, investors are also being offered all three in a job-lot deal for £132.3m (US$214.4m, €165.9m).

The Radisson Blu is home to 238 bedrooms, a restaurant, bar, conference rooms and leisure facilities, while the Park Inn has 252 rooms and features similar hospitality and leisure offerings.

The leisure park in Glasgow contains 13 units and an Ibis hotel on a site measuring just under 16 acres. Some of the key tenants already on-site include Odeon Cinemas, Mecca Bingo, The Original Bowling Company and ALEA Casino.

Being handled by commercial property and real estate advisers CBRE and JLL, the move could be construed as an attempt to cash in on a resurgent market.

The UK sector has seen a number of high-profile changes recently, with the Lowry Hotel in Manchester recently purchased by Westmont Hospitality Group (WHG) and its investment partner Mount Kellett Capital Management for a reported sum of £40m (US$64.9m, €50.2m).

Elsewhere, French hotel group Accor has broken away from the oft-championed asset-light strategy deployed by modern hospitality groups by purchasing 13 properties in the UK, looking to benefit from a booming market heightened by strong tourism figures.
RELATED STORIES
  London hotels second dirtiest in world cities list, according to figures from new poll


London’s hotels are among the dirtiest in the world, second only to those found in Rio de Janeiro, Brazil, according to figures published from a poll by Hotel.info.
  London ranks as 23rd most expensive city for a hotel stay, according to new figures


Two of Britain’s landmark cities are home to some of the world’s costliest hotel stays, according to figures published by Hotels.com.
  French hotel group Accor purchases 13 UK properties


French hotel group Accor has spent €89m (US$117m, £71m) acquiring 13 UK properties as it looks to gain ownership over the hotels it currently leases.
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
+ More news   
LATEST JOBS
General Manager, The Needles
Heritage Great Britain
Salary: c£70,000pa + benefits + relocation support
Job location: Isle of Wight , United Kingdom
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COMPANY PROFILES
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Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
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IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
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We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
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23-26 Aug 2026

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Jobs    News   Products   Magazine   Subscribe
NEWS
Edinburgh’s four-star Radisson Blu Hotel on the market with price tag of £59m
POSTED 16 Sep 2014 . BY Chris Dodd
Three different properties are on offer, including the Blu in Edinburgh Credit: Radisson Hotels
Edinburgh’s four-star Radisson Blu Hotel has been put up for sale with a price tag of £59m (US$95.8m, €74.1m), with agents CBRE and JLL also seeking to shift properties in Manchester and Glasgow as part of the portfolio on offer.

The Blu can be bought as a single purchase, while the Park Inn by Radisson in Manchester is being offered up at £20m (US$32.4m, €25.1m) and the Quay Leisure Park in Glasgow at £53.3m (US$86.5m, €67m). However, investors are also being offered all three in a job-lot deal for £132.3m (US$214.4m, €165.9m).

The Radisson Blu is home to 238 bedrooms, a restaurant, bar, conference rooms and leisure facilities, while the Park Inn has 252 rooms and features similar hospitality and leisure offerings.

The leisure park in Glasgow contains 13 units and an Ibis hotel on a site measuring just under 16 acres. Some of the key tenants already on-site include Odeon Cinemas, Mecca Bingo, The Original Bowling Company and ALEA Casino.

Being handled by commercial property and real estate advisers CBRE and JLL, the move could be construed as an attempt to cash in on a resurgent market.

The UK sector has seen a number of high-profile changes recently, with the Lowry Hotel in Manchester recently purchased by Westmont Hospitality Group (WHG) and its investment partner Mount Kellett Capital Management for a reported sum of £40m (US$64.9m, €50.2m).

Elsewhere, French hotel group Accor has broken away from the oft-championed asset-light strategy deployed by modern hospitality groups by purchasing 13 properties in the UK, looking to benefit from a booming market heightened by strong tourism figures.
RELATED STORIES
London hotels second dirtiest in world cities list, according to figures from new poll


London’s hotels are among the dirtiest in the world, second only to those found in Rio de Janeiro, Brazil, according to figures published from a poll by Hotel.info.
London ranks as 23rd most expensive city for a hotel stay, according to new figures


Two of Britain’s landmark cities are home to some of the world’s costliest hotel stays, according to figures published by Hotels.com.
French hotel group Accor purchases 13 UK properties


French hotel group Accor has spent €89m (US$117m, £71m) acquiring 13 UK properties as it looks to gain ownership over the hotels it currently leases.
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
+ More news   
 
COMPANY PROFILES
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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