300-Bedroom Ruby Hotel Approved for Edinburgh City Centre
06/10/2023
Ruby Hotels is set to open its first Scottish hotel, after Edinburgh City Council approved its plans yesterday (4 October).
In addition to the proposed 347 bedrooms, there are also plans to add a bar, a rooftop terrace, and a restaurant area, as well as retail units, to the 5,000 sqm space at 104-108 Princes Street. The site will be accessed via Princes Street and Rose Street South Lane. The development is set to open in 2026.
The site has been vacant since Next, Zara, and Russell & Bromley relocated to Edinburgh's new shopping district St. James's Quarter.
The Munich-based hotel group has partnered with Scottish real estate investment management company Hunter Reim for the development.
Ruby Group was founded by Michael Struck in 2013 and operates 15 Ruby hotels, with a further 19 hotels under construction or in planning phase. There are currently three Ruby Hotels in London.
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