Frasers Hospitality will open a new property in Scotland’s capital next week, with 75 serviced apartments. Aimed at both short and longer stay travellers, Frasers Suites Edinburgh is the second property by the group in Scotland, after the 100-apartment Frasers Suites Glasgow opened in 2007. Guests can stay from one night up to one year.
The property, which will see a soft opening late next week, is situated in the old town, just off Edinburgh’s Royal Mile. It is a Grade II listed building with a mix of contemporary-style studios and one bedroom executive suite apartments, equipped with kitchenettes, satellite television, iPod docking station and broadband internet access. The property will also have an on-site gym, breakfast suite and a restaurant.
Frasers Hospitality’s Guus Bakker, Chief Operating Officer for EMEA, said: “Edinburgh is a key European city for business and tourism and is an integral part of our growth strategy. In spite of the current economic climate, we see this investment as an important part of our worldwide growth plans.”
Frasers plans to open more than 9,000 apartments over the next three years, across its four brands – Fraser Suites, Fraser Place, Fraser Residence and Fraser Resorts. New properties are due to open this year in Bahrain, China, Dubai, India, Malaysia and Singapore.
The Frasers name was no stranger to Scotland, however, as Bakker commented: “The opening of Frasers Suites Edinburgh is like ‘coming home’ for us, as our parent company was formed back in 1883 by John Fraser and David Chalmers Neave, two pioneering Scotsmen who travelled to Singapore and formed the Singapore and Straits Aerated Water Company. The Group’s interests now stretch far beyond fizzy water and include brewing, soft drinks, printing and publishing, as well as property.”
Councillor Tom Buchanan, economic development convener at the City of Edinburgh Council, commented that the Frasers property is a welcome addition to the city: “Their premium brand is a valuable addition to the city’s accommodation portfolio… Business tourism is a vital element of the city’s economy and I am very encouraged to see that investment in this sector remains strong.”
Report by Sara Turner