Radisson Blu in Edinburgh hits the market for £59 million

The owners of the 238-room Radisson Blu Hotel on the Royal Mile, in Edinburgh, Scotland, are asking of £59 million for the property. Word is The Park Inn by Radisson in Manchester and The Quay Leisure Park in Glasgow have also both been put up for sale.

Those properties are on the market with a combined asking price of £132.3 million.

CBRE and JLL have been appointed to sell the properties.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


Kerr Young, director of hotels and hospitality for JLL, said: "This portfolio gives investors the opportunity to acquire not only a secure income stream with great covenant strength, but also prime real estate in two key UK cities."

Paul Collins of CBRE Hotels said: "We are seeing substantial trading growth in the Edinburgh and Manchester hotel markets and this will enhance the future rental income for the buyer of these rarely available hotels which are on performance leases."

Read more on