Fattal Hotels has announced plans to invest £32 million in an Edinburgh development which will see an existing Jurys Inn hotel expanded, and a new NYX property added on adjacent land.
The group has acquired the site on Jeffrey Street in the Scottish capital, and plans to add a 131-room NYX hotel – the first under the boutique brand in the UK.
The redevelopment would also see 31 new residential units built on the site, as well as “significant investment” in the existing 186-room Jurys Inn, which “could include the addition of up to 101 rooms”.
Fattal Hotels owns the Jurys Inn and NYX brands, as well as the Leonardo Hotels portfolio.
NYX (named after the Greek goddess of the night) opened properties in Milan, Madrid and Prague last year.
Commenting on the news Jason Carruthers, Managing Director of Jurys Inn, said:
“We are pleased to have acquired the freehold of our very successful Jurys Inn Edinburgh hotel and the adjacent site, which will allow us to transform the site and significantly enhance our product offering and overall capacity in Edinburgh.
“Our Edinburgh hotel already runs at over 95 per cent occupancy and the acquisition of the freehold there puts us in a strong position to capitalise on the ongoing influx of tourists to the vibrant city of Edinburgh and to leverage the prime location of our hotel and the adjacent site, which we look forward to developing.”
