8% of the population but 13% of the hotel investment

Talking-up Scotland


(c) Scottish Business News Network

As business and tourism boom in Scotland, we read in Insider today:

‘Investment into Scottish hotels doubled in the first half of the year to almost £400m, according to new figures. UK buyers were the biggest buying group, accounting for 41 per cent of activity, followed by Middle Eastern investors (22 per cent of transactional volume), Israeli investors (16 per cent), US investors (8 per cent), Canadian Investors (7 per cent), Singaporean investors (5 per cent) and German investors (1 per cent). Collectively, non-domestic investors continue to be the dominant player in the market.’

As in many other contexts, the Scottish situation seems more promising than that in the non-Scottish parts of the UK:

‘Looking at the UK as a whole, Savills research shows a total of £3.2 billion has been invested into hotels in the first six months of the year, with Scotland accounting…

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Author: seachranaidhe1

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