Plans have been submitted for a 166-room hotel in Edinburgh city centre, which will operate under The Resident brand.
Edinburgh Evening News reports that Cannon Capital Developments Ltd has submitted plans to refurbish Meldrum House, an office block located on Drumsheugh Gardens close to Edinburgh Castle.
According to the report the 60-year old building is currently used by HMRC, and the aim would be to create an “elegant” sandstone cladding building front, to fit in with other listed buildings on the street.
In keeping with the brand’s current properties, the proposed development would not provide any in-house restaurants, bars, cafes, conferencing or gym facilities, with The Resident aiming to “‘actively encourage guests’ to spend more time and money locally in businesses in its central location”.
A recent report by global real estate advisor CBRE said that the UK cities of Edinburgh, Glasgow and Manchester “are amongst the key European cities well positioned for hotel performance recovery” post-coronavirus.
The Resident recently changed its name from Nadler Hotels, moving away from its association with former CEO Robert Nadler (who left the company at the end of 2017).
There are currently five properties under The Resident brand in London and Liverpool. Business Traveller has reviewed several of these, including The Nadler Covent Garden in 2019, and The Nadler Victoria in 2016.