Scottish Rugby has unveiled a project to develop a hotel on land near the entrance to the BT Murrayfield Stadium in Edinburgh.
JLL’s Hotels & Hospitality Group has been instructed to source offers of interest in the site from potential investors and operators.
The development opportunity is for a hotel of between 100 and 200 rooms, and is expected to be in the three to four star sectors.
Keith McBain, director, JLL, said: “Edinburgh’s hotel market is flourishing and this is a unique opportunity to develop a hotel in a prominent location.
“BT Murrayfield is the home of Scottish Rugby and very well located. We expect a high level of interest from investors and operators in developing the site.”
Scottish Rugby’s Chief Executive, Mark Dodson, commented: “This is part of our continuing aim to improve the facilities and enhance the customer experience at BT Murrayfield. It will help us to develop and diversify our revenue streams for the benefit of Scottish Rugby as a whole.”
The proposed development site is adjacent to the main entrance of the stadium off Roseburn Street and diagonally opposite the Murrayfield tram stop.
It is envisaged that the hotel operators will work closely with the stadium’s existing conference and event service provider, The Murrayfield Experience.