Untitled

THERE HAS NEVER BEEN A BETTER TIME TO

INVEST IN GLASGOW

INVEST GLASGOWHOTEL PROSPECTUS

WELCOME TO GLASGOW

Glasgow is Scotland’s largest city, as well as the

nation’s cultural, creative and economic powerhouse.

Its fully rounded economy generates travellers for

commerce, leisure, conventions and events year round.

The city is a ﬁrst-choice destination for more than two

million tourists every year. Alongside this, Glasgow’s

reputation as a vibrant, culturally-rich destination

with an unrivalled visitor experience and world-class

customer service ensures that hotels enjoy year round

high occupancy.

Glasgow’s modern, diversiﬁed economy has strengths

in a variety of sectors including ﬁnance and business

services, digital technology, creative economy,

engineering and advanced manufacturing, higher and

further education, low carbon/circular economy, life

sciences, tourism and major events.

Glasgow is the UK’s third largest ﬁnancial centre and

ranks in the top 70 in the world. It is home to some

of the biggest names in global business and ﬁnance

such as Barclays Wealth, JP Morgan, Morgan Stanley

and Clydesdale Bank (Virgin Money), who are all

signiﬁcantly growing their workforce and investing in

new state-of-the-art Grade A oces in the city centre.

The city has long been a pioneer in the life sciences

sector and home to international leaders in precision

medicine, medical technology, clinical and translational

medicine and pharmaceutical services.

An impressive range of industry leading companies

have chosen to locate their business in Glasgow,

including Jacobs Engineering, Fraunhofer Gesellschaft,

ScottishPower, Lockheed Martin, ReproCELL Europe

Ltd, Dell and Hewlett Packard. As a result, corporate

business travellers represent nearly one third of hotel

room occupancy in Glasgow.

As one of Europe’s most vibrant and dynamic destinations, Glasgow is bursting with life, energy, passion and

personality - home to world-class museums, galleries and visitor attractions; diverse neighbourhoods; unrivalled

bars and restaurants and the UK’s best cultural oer.

Glasgow’s proﬁle as a top international tourism destination has gone from strength to strength. Business tourism,

world-class retail, major attractions and global events are all driving demand for additional hotel rooms. The city is now

globally recognised as a ﬁrst-choice destination and was ranked among the world’s top 10 cities for 2019, with travel

industry bible Time Out magazine naming the city number one for both friendliness and aordability.

HOME TO GLOBAL HOTEL BRANDS

Glasgow’s reputation as a tourism, convention and events

centre is well founded. A host of world-class hotels can be

found in the city. These include Kimpton Blythswood Square,

Hilton, Marriott, both Radisson BLU and RED, Crowne Plaza,

Hotel du Vin, citizenM, Malmaison and Dakota Deluxe.

WORLD CLASS BUSINESS TOURISM

Glasgow has the capacity and credibility to welcome

more conference delegates than every other Scottish city

combined, making it a premier European business tourism

destination. During the 2018/19 ﬁnancial year, Glasgow

secured 600 new conferences for future years through to

2024. This will bring an additional 141,000 business tourists

to the city and contribute an estimated £134 (€158) million

to the local economy over the next four years. The number

of international associations choosing Glasgow annually as

their conference destination has risen 54% from 43 to 66

between April 2012 and March 2018.

Ranked

6th

in the UK for FDI,

outside London

Glasgow’s night-time

economy is worth over

£2 (€2.36) billion and

provides over 16,000

jobs (2016)

Glasgow was voted the

world’s leading

Festival and Event

destination in 2019

ahead of Singapore,

Rio de Janeiro,

London,

Cape Town

and Dubai

Over £17

(€20) billion

capital investment

since 2011

The SSE Hydro was ranked

ﬁrst in the global Billboard

Chart Top 10 Venues Index

2018 and is second in

Pollstar’s Top 200 global

arenas list for worldwide

ticket sales 2019

2.3 million

tourists

Generating

£662 (€781) million (2018)

Number 10 in

Big Seven

Travel’s 50

friendliest cities

in the world list in 2019

Best Large European

City for FDI Strategy

2020/21

(fDi Magazine)

Top in

the UK for

retail spend

outside of London’s West End

(£4.2

[€5] billion spend) (HDH 2017)

4th

in the world

for sustainable

business tourism

(Global Destination

Sustainability Index 2019)

UK’s ﬁrst UNESCO

City of Music

hosting 130 music

events every week

Number ten in the

New York Times’ top 52

places to go in 2018

Most European

destinations are within

2 hours of Glasgow,

oering short journey

times and low cost travel

New direct routes

for 2018/19

include

Frankfurt, Düsseldorf and

Krakow, opening Glasgow

up to even more visitors

ROOM FOR ALL

There are nearly 12,000 rooms in the city, with an average

occupancy rate of 79.1% (STR Global 2019). With a range of

exciting new developments, recently opened or planned,

from hotel brands including Adagio, Bloc, Clayton, Courtyard

by Marriott, Gotham, ibis Styles, Maldron, Innside by Melia,

Motel One, Moxy, Native, Radisson RED, Rogue City,

Sandman and YOTEL. In 2018 Glasgow added nearly 1,000

hotel rooms to its accommodation stock and 2020 will see

approximately a further 1,000 new rooms opening in the city.

However, it is anticipated that more hotel rooms are required

to meet current and future demand in the city.

THE GATEWAY TO SCOTLAND

Glasgow’s Tourism and Visitor Plan sets out a clear direction

for continuing to build the city’s global proﬁle as a must-

visit tourism destination. Positioning Glasgow as a cultural

powerhouse and the ‘Gateway to Scotland’ is at the heart of

the plan, which aims to deliver an economic boost of £771

(€910) million visitor spend in the city by 2023.

5th Best

Sporting City

in the World and European

Capital of Sport for 2023

2019 hotel

occupancy is

at 79.1%

with RevPAR at £56.33

(€66.47) and ADR at

£71.25 (€84.08)

First-choice host

for major international events

and conferences. Conﬁrmed

business until 2024 and bidding

for business up to 2029

Time Out magazine

named Glasgow one of

the world’s best cities

for 2019

and number one

for both friendliness and

aordability. Ranked alongside

New York,

Melbourne

and Chicago.

WHY GLASGOW?

10 KEY REASONS

INVEST GLASGOWHOTEL PROSPECTUS

1. GLASGOW’S POPULATION IS GROWING AND URBANISING

Population growth is on a strong upward curve. The share of people living in and around the

city centre continues to increase driven by the demands of a vibrant younger workforce and

a growing appetite for city centre living. Glasgow is a genuine metropolis and borrows scale

from its wider (Central Belt) region, home to 3.5 million people and one of the 20 largest

urban regions in Europe.

5. GLASGOW IS RENEWING ITS CAPACITY FOR INNOVATION

AND INGENUITY

A runner-up for the European Capital of Innovation Award, Glasgow has developed strong

commercial edges in nanotech, health and life sciences, digital media, energy and advanced

manufacturing, is a global capital of the space and satellite industry, and is a UK leader for FinTech

education and meetups. The city’s overall innovation and start-up eco-system is now improving

faster than most major European cities due to its pipeline of new innovation districts, improved

networking, and policies to strengthen entrepreneurship.

2. GLASGOW’S SKILLS AND TALENT BASE IS ON THE UP

Glasgow is now a city of applied knowledge. By European and global standards, a very high share

of the city’s workforce has achieved a high level of education and qualiﬁcation. The talent base

is also boosted by the globally impressive number of international students that call Glasgow

home, particularly in essential business disciplines such as ﬁnance, engineering and life sciences.

3. GLASGOW’S JOBS BASE AND ECONOMY HAVE GROWN

AND DIVERSIFIED

Glasgow has been through a very clear cycle of growth and diversiﬁcation, strongly growing

its jobs base, halving its unemployment rate, and honing strengths in high productivity sectors

such as ﬁnance and business services and creative industries, transforming the entire city region

into a very powerful economic engine. This trend is forecast to continue, with the Glasgow

City Region expected to secure nearly half of all new Scottish jobs over the next decade.

4. GLASGOW: A MATURE INVESTMENT PROPOSITION AND

AN ESTABLISHED BUSINESS HUB

Glasgow is an established destination for corporate and real estate investment. The city’s

maturing status as a preferred location for FTSE 100 and AIM listed companies, and a national

leader in insurance, shipbuilding and whisky production, is helping to attract a range of investors

and businesses of all sizes. With a large International ﬁnance and business services sector still

expanding, and development underway for three new innovation districts, Glasgow is witnessing

an unprecedented range of investment activity across all real estate sectors.

6. GLASGOW’S UNIVERSITIES AND COLLEGES

EXCEL, SERVE BUSINESS AND FUEL INNOVATION

Glasgow is the only city in the UK outside of London to have 2 universities ranking in the top 40

nationally. City universities and colleges achieve global reach and resonance, are re-connecting

the city with its DNA of creativity, engineering and design. Alongside world-leading research

capabilities, Glasgow’s universities also generate high levels of industry collaboration, research

council funding, company spin-outs and student satisfaction.

7. GLASGOW’S TRANSPORT, DIGITAL AND ENERGY INFRASTRUCTURE

PROVIDES SCALE AND REACH

Glasgow has the scale and capacity of infrastructure to access much wider markets and also

achieve regional resilience. An important node in the European airport network, Glasgow’s

international air connectivity is very high by global standards. The cluster of national renewable

energy groups in the Glasgow City Region makes it a global leader in green energy sources.

Glasgow is also a gateway city, home to the UK’s 2nd busiest non-London railway station, and

also an adopter with the highest long-range Internet of Things (IoT) coverage and 3G/4G signal

strength among UK core cities.

8. GLASGOW IS A DESTINATION AND TRUSTED HOST

FOR EVENTS AND EXPERIENCES

Glasgow is internationally recognised as a destination in its own right because of its hospitality,

retail appeal, and ability to host high-level meetings and events. The city is a proﬁcient and creative

year-round host of large-scale conventions, accommodating signiﬁcant increases in tourist visits

and growing demand for cultural experiences. The Glasgow Convention Bureau was named the

UK’s Best Convention Bureau for a world-record 13th year in a row at the inﬂuential Meetings and

Incentive Travel (M&IT) Awards in 2019.

9. GLASGOW FITS THE LIFESTYLE PREFERENCES

OF THE NEW, NEXT AND ESTABLISHED GENERATIONS

Glasgow has achieved signiﬁcant increases in the city’s appeal to millennial and career-age talent

in recent years. Disposable income, ecient infrastructure and levels of openness, social cohesion

and inclusivity are important dierentiators for Glasgow. The friendly Glaswegian spirit, excellent

work-life balance and high levels of aordability mean that Glasgow is increasingly seen not only

as a place to “get on the property ladder”, but also a “place to call home”, and a place to return to.

10. GLASGOW’S INHERITED ASSETS, AND ITS TRACK RECORD ON

SUSTAINABILITY, MAKE IT A SAFE BET FOR THE FUTURE

Glasgow’s early adoption of sustainable policy in various industries, and its leadership on climate

and environmental agendas, has ﬁrmly established it as a city that leads by example when it comes

to environmental friendliness and sustainability. Glasgow is the ﬁrst city outside of London to

introduce a low-emission zone, the ﬁrst to introduce an electric bus ﬂeet to its airport car parks,

and is the ﬁrst European convention bureau to receive a Green Tourism award. Glasgow’s

greenness and renewable energy credentials are set to grow even further as a result of huge

investment in the region’s Green Network.

INVEST GLASGOWHOTEL PROSPECTUS

BUSINESS TOURISM

Glasgow is the conference capital of Scotland, with the capacity to host more conferences and welcome more

delegates than Scotland’s six other cities combined.

In May 2019, reﬂecting Glasgow’s position as a global

conference city, the International Congress and

Conventions Association (ICCA) reported that Glasgow

attracted more international delegates in 2018 than

major competitors including the likes of Zurich, New

York, Las Vegas and Johannesburg and held more

international conferences than Frankfurt, Basel,

Strasbourg, Los Angeles, Moscow and The Hague.

Conference delegates spend signiﬁcantly more than

short break tourists and are high yield individuals. A

quarter of all delegates (25%) are from outwith the UK

and contribute to hotel RevPAR growth.

Conference activity in the city is led by the Glasgow

Convention Bureau at Glasgow Life working with a

range of city and national partners, from VisitScotland,

the SEC and NHS Greater Glasgow and Clyde to

Glasgow’s academic sector and the wider business

community including Glasgow Chamber of Commerce,

Greater Glasgow Hotels Association, Glasgow

Restaurant Association, Glasgow Taxis, and ScotRail.

In the 2018/19 ﬁnancial year, Glasgow won 600 new

international and UK conferences through to 2024

worth £134 (€156) million.

A key component of Glasgow’s success is the growing

strength of the city’s Conference Ambassador

Programme - the ﬁrst of its type in the UK, which is

celebrating it’s 30th anniversary in 2020. Managed

by Glasgow Convention Bureau, it supports in excess

of 1,600 inﬂuential active ambassadors - drawn from

the city’s academic, scientiﬁc, medical and business

communities - enabling them to persuade their own

sectors and associations to host a conference in

Glasgow. In 2018/19, the programme contributed 54%

of all conference business won by Glasgow compared

to 30% ﬁve years ago.

MAJOR CONFERENCE BUSINESS FORTHCOMING INCLUDES:

• 2020 Forum of European Neuroscience Societies

• 2020 Scientiﬁc Meeting of the European & International

Society of Hypertension

• 2020 Association for Medical Education in Europe

Annual Conference

• 2020 COP26 UN Conference on Climate Change

SCOTTISH EVENT CAMPUS (SEC)

AND THE SSE HYDRO

The Scottish Event Campus (SEC) is an economic driver for Scotland with the campus generating £460 (€540) million

net additional expenditure in the Glasgow area for 2018/19. Future plans to expand the SEC will ensure additional

economic beneﬁt across the city in terms of spend on hotels, restaurants, retail and employment creation.

The opening of The SSE Hydro on the SEC in 2013 has

further boosted the city’s major event and conference

credentials. With a seated capacity of 12,000 and a total

capacity of 14,300, The SSE Hydro hosts around 140

events every year (from national and international music

mega stars to global entertainment, sporting events and

exhibitions) and has the potential to inject £131 (€155)

million annually into Glasgow’s economy.

The SSE Hydro is currently ranked second in Pollstar’s Top

200 global arenas list for worldwide ticket sales in 2019

and was number one in the global Billboard Chart Top 10

Venues Index 2018 - reinforcing its reputation as one of

the top arenas in the world today.

Since opening over six years ago, The SSE Hydro has

welcomed more than 6.7 million visitors to 810 events and

looking ahead with strong conference years predicted for

2020/21 and beyond, increased visitors to the SEC need

to be accommodated. The development of two hotels

on site is currently underway which will bring over 500

additional hotel bedrooms in 2020.

• 2021 European College of Sport Science

Annual Congress

• 2022 World Congress of Basic and

Clinical Pharmacology

• 2024 World Endodontic Congress

Glasgow has been named the UK’s Best Convention

Bureau for a record-breaking 13 consecutive years at the

prestigious M&IT Awards (2007-2019)

Glasgow will host the world’s largest meeting on climate

change action, the 26th UN Climate Change Conference

(COP26) in November 2020. This super-conference will

attract over 30,000 international delegates, observers

and media.

INVEST GLASGOWHOTEL PROSPECTUS

MAJOR ATTRACTIONS

AND GLOBAL EVENTS

Glasgow has a fantastic year round calendar of events with something for everyone. From annual festival favourites

to world-class theatre, dance, music, sport, visual arts, family fun and more.

ESTIMATED ATTENDANCES AT MAJOR EVENTS IN GLASGOW IN 2019

130,000

Celtic Connections

Merchant City Festival

75,000

Whyte & Mackay Glasgow International Comedy Festival

71,000

Glasgow Mela

41,000

OVO Energy Tour of Britain

20,000

All Scotland Championships in Irish Dancing

10,500

Guinness Pro 14 Final

47,000

29,500

Glasgow Christmas Lights Switch on

13,000

Resonate: Total Gaming

HSBC Let’s Ride

BBC Proms in the Park

6,000

Glasgow Fireworks

50,000

Piping Live! Glasgow International Piping Festival

World Pipe Band Championships

33,000

Aye Write!

16,000

Glasgow Film Festival

44,000

Bank of Scotland Great Scottish Run

23,000

Clydebuilt

12,500

2020 MAJOR EVENTS

• Celtic Connections

• Monte Carlo Rallye

• Müller Indoor Grand Prix

• SPAR British Athletics Indoor Championships

• Glasgow Film Festival

• Whyte & Mackay Glasgow International Comedy Festival

• LGT World Men’s Curling Championships

• Glasgow International Festival of Visual Art

• UEFA Euro 2020

• Glasgow Mela

FUTURE MAJOR EVENTS

Glasgow is home to more than 20 outstanding galleries and exhibition spaces around the city, many of which are

free to visit. These spaces have some of the ﬁnest collections in the world showcasing the city’s rich and diverse

cultural heritage.

*Music attendance ﬁgures relate to commercial events

MOST POPULAR VISITOR ATTRACTIONS IN GLASGOW 2018/19

Riverside Museum

1,312,569

Kelvingrove Art

Gallery & Museum

1,302,869

Tramway

196,616

The St Mungo Museum

of Religious Life and Art

146,562

City Halls &

Old Fruitmarket

100,335

Provand’s Lordship

91,143

Kelvingrove Bandstand

47,075

Glasgow Museums

Resource Centre

17,551

People’s Palace

279,691

Glasgow Royal

Concert Hall*

327,944

Scotland Street

School Museum

66,654

Gallery of Modern Art

609,234

• Merchant City Festival

• TRNSMT Festival

• HSBC Let’s Ride

• World Pipe Band Championships

• Piping Live! Glasgow International Piping Festival

• BBC Proms in the Park

• Clydebuilt Festival

• Bank of Scotland Great Scottish Run

• All Scotland Championships in Irish Dancing

• Glasgow Fireworks

• UCI Cycling World Championships 2023

• World Irish Dance Championships 2024

SPORTS CITY

INVEST GLASGOWHOTEL PROSPECTUS

The city has succeeded in its bid to be named the

European Capital of Sport in 2023; marking the ﬁrst time

that any destination has won the title twice. Glasgow beat

o strong competition from the Italian city Genoa to secure

it, with 2023 celebrating 20 years since Glasgow ﬁrst

gained the coveted accolade in 2003. And since 2003, the

city’s global sporting reputation has grown exponentially,

having hosted a series of world-class events across a

portfolio of outstanding venues.

Glasgow has also maintained its place as one of the

world’s top ﬁve Ultimate Sports Cities, alongside London,

New York, Auckland and Melbourne, within SportBusiness

International’s prestigious bi-annual 2018 global rankings.

Additionally, Glasgow was named in those rankings as

the world’s Best Small City for hosting sporting events

and was nominated in further categories including

Best Marketing/Branding, Best Venues and Best Legacy.

The Best Small City Category is for cities with a population

of less than 1.3m - Glasgow’s population is less than

half of that, at around 600,000; demonstrating that the

city continues to punch above its weight on the

international sporting stage.

Since hosting the Commonwealth Games in 2014, Glasgow

has welcomed the World Gymnastics Championships

in 2015; the World Badminton Championships in

2017; the inaugural 2018 European Championships in

partnership with Berlin; and the European Athletics Indoor

Championships and European Short Course Swimming

Championships, both in 2019. Looking ahead, Glasgow

will host the World Men’s Curling

Championship in 2020 and

is one of the 13 city hosts

for UEFA’s EURO 2020

football championships.

Glasgow’s unrivalled

credentials have also helped

the city to secure the inaugural

UCI World Cycling Championships

in 2023, the ﬁrst time that all 13 recognised cycling

disciplines have been brought together in one

unprecedented event.

The city will continue to hold regular gymnastics, cycling

and swimming championships and mass participation sport

events, such as the Great Scottish Run.

Glasgow’s rise as one of the world’s top sporting destinations has been secured thanks to the city’s strategic

investment in world-class facilities, its international major events programme, and its commitment both to increasing

participation and leaving a lasting legacy for future generations.

CLYDE GATEWAY

Located just ﬁve minutes by train from the centre of

Glasgow, in an area beneﬁting from massive investment

associated with the 2014 Commonwealth Games, lies

Clyde Gateway. This emerging leisure destination

is home to the outstanding sporting facilities of the

Emirates Arena and Sir Chris Hoy Velodrome.

Clyde Gateway oers a range of potential investment

opportunities for the hotel sector which includes a

proposed hotel complex at Celtic Football Club’s

60,000 seat stadium in the Arena District.

Accessibility by road and rail is already proving a major

draw to investors. Three railway stations with six trains per

hour link Clyde Gateway to Glasgow city centre and the

Scottish Event Campus. The area also beneﬁts from three

motorway junctions and the new Clyde Gateway road

serving the Arena District. A host of new oce, industrial

and residential developments have taken advantage

of this accessibility with others currently on site.

5th Best

Sporting City in the World

The world’s

Best Small City

for hosting sporting events

European Capital

of Sport

in 2023

£2 (€2.36) billion

of investment in Commonwealth

Games-related infrastructure

INVEST GLASGOWHOTEL PROSPECTUS

SCALE OF OPPORTUNITY

POPULATION

Source: National Records of Scotland

In 2018 Glasgow attracted

2.3 million international and

domestic tourists, generating

£662 (€781) million for the

local economy. Glasgow’s key

international visitor markets

are the USA, Australia, France,

Germany and Canada.

TOP 10 UK DESTINATIONS

FOR OVERSEAS VISITORS

RANKING / CITY

01 / LONDON 19.090 million

2.362 million

1.408 million

1.100 million

803,000

837,000

598,000

547,000

526,000

459,000

04 / BIRMINGHAM

03 / MANCHESTER

07 / BRISTOL

02 / EDINBURGH

05 / GLASGOW

06 / LIVERPOOL

08 / CAMBRIDGE

09 / OXFORD

10 / BRIGHTON/HOVE

VISITS

WHY PEOPLE VISIT... AND RETURN

Glasgow is the 5th most visited UK city by international tourists and ranks ahead of

Liverpool, Bristol, Cambridge, Oxford, Brighton, Bath, Leeds, Cardi, Inverness and York.

Glasgow’s top 5 international visitor markets by spend and visits (2018)

SKILLED WORKFORCE

Glasgow is ranked as the number one UK retail destination

for spend outside of London’s West End. Over half a million

square metres of retail space can be found in the city, with

prime and super prime shopping to be had within one

square mile in the city centre, known as the Style Mile.

Buchanan Street, Glasgow’s premier shopping street, is the

busiest high street in the UK, after London, with an annual

footfall of 52.7 million people. Annually Glasgow generates

£4.2 (€5) billion retail spend and £763 (€900) million GVA.

• In 2018, the majority of international tourists to Glasgow

cited holidaying (57%) as the reason for their trip, while

almost a quarter visited friends and relatives (24%) and

15% were business travellers.

• In 2018, international tourists stayed for 4.8 million

nights while UK visitors stayed for 3.4 million nights. On

average, international visitors stay for 5.7 nights whilst UK

visitors stay for 2.3 nights.

In fact, more people work in tourism in Glasgow than

any other Scottish city. 30,000 people work in Glasgow’s

tourism industry, representing 14.5% of the total tourism

related workforce in Scotland. In addition, over 130,000

students are looking for work whilst they study in the city

and more than 7,000 of these are studying hospitality,

leisure and tourism related courses.

Oce for National Statistics: International Passenger Survey (IPS) 2018

By Spend (£m) (€m)

05 Australia

01 USA

03 Germany

By Visits (000s)

02 Italy

22.04 25.79

65.88 77.09

30.18 35.32

37.52 43.91

23.42 27.4104 Canada

5005 Canada

01 USA 153

6603 Australia

10802 Germany

5104 Netherlands

The number of nights

spent in Glasgow by

overseas visitors has

grown by 150% since 2012

SOURCE: International Passenger Survey - based on sample sizes >30

INVEST GLASGOWHOTEL PROSPECTUS

GLASGOW’S VIBRANT

HOTEL MARKET

2020 PIPELINE

Glasgow’s robust hotel market includes almost 11,800 rooms within the Glasgow City boundary with 18 hotels in the city

centre oering over 150 bedrooms. New supply since 2015 has added 16 hotels bringing an additional 1,730 rooms,

including in 2019 the opening of the Travelodge Glasgow Govan.

The total bedrooms delivered in 2020 could reach record levels, with approximately 1,000 bedrooms expected to be

delivered this year, reﬂecting the cyclical nature of development.

From a high base, Glasgow faced a stern challenge to grow Hotel Occupancy and Average Daily Rates (ADR) following a

very successful trading year in 2018. Coupled with a rise in quality hotels. This combination led to overall hotel demand of

79.1%. ADR and RevPAR ﬁnished the year at £71.25 (€84.08) and £56.33 (€66.47) respectively. Of note was the Luxury sub-

set, which returned a robust performance against the prior year.

There are also a number of pipeline projects planned throughout the city bringing new brand arrivals such as Adagio,

Bloc, Clayton, Courtyard by Marriott, Gotham, Innside by Melia, Maldron, Rogue City, Sandman and YOTEL.

OVERVIEW

YOTEL (CITY CENTRE)

The new YOTEL Glasgow will see the opening of YOTEL’s

second hotel in Scotland and ﬁfth in the UK in Q2 2020.

Located in a prime city centre location opposite Glasgow’s

Central Station, the new YOTEL Glasgow will see the

Westergate building on Argyle Street transformed into a

256-room hotel that will be equipped with YOTEL’s unique

design and technology-driven hospitality oering. The

hotel will also feature Glasgow’s ﬁrst destination rooftop

bar complete with bowling alley.

256 rooms

MOXY GLASGOW (SEC)

A new 243 room Moxy hotel is scheduled to open at the

Scottish Events Campus (SEC) in summer 2020. The 8 ﬂoors of

bedrooms are located above the contemporary ground lobby

which boasts a state-of-the-art video wall and 24/7 food and

beverage oering. “Plug and Meet” gathering areas provide

ergonomic seating, a smart service and top-notch technology.

Super-fast free Wi-Fi is available throughout the hotel. The

SEC is home to the SSE Hydro (concert venue), SEC Armadillo

(auditorium) and SEC Centre (exhibition and event halls).

243 rooms

RECENT NEW OPENINGS

Hotel Grade Bedrooms Date

Travelodge Glasgow Govan Ltd Service 60 Mar 19

Moxy Merchant City 3-star 180 Nov 18

Native Glasgow ApartHotel 64 Oct 18

Motel One 3-star 374 Sep 18

ibis Styles Glasgow Centre West 3-star 137 Sep 18

Radisson RED 4-star 174 Apr 18

PointA Hotel Glasgow Ltd Service 122 Feb 17

Hampton by Hilton Glasgow 3-star 88 May 16

Travelodge Glasgow Queen Street Ltd Service 171 Apr 16

Dakota Deluxe Glasgow 4-star 83 Apr 16

LATEST HOTEL SALES TRANSACTIONS

Hotel Grade Bedrooms Date

Crowne Plaza Glasgow 4-star 283 Dec-19

Hilton Garden Inn 4-star 164 Dec-19

Travelodge Glasgow Govan Ltd Service 60 Mar 19

Hallmark Hotel 3-star 141 Feb 19

Radisson BLU 4-star 247 Oct 18

Hotel Indigo 4-star 95 Oct 18

Kimpton Blythswood Square 5-star 100 May 18

Grand Central 4-star 230 May 18

GoGlasgow Urban 3-star 117 May 18

Mercure City Centre 3-star 91 Jan 18

Premier Inn St Enoch (forward funding) 3-star 247 Dec 17

Jurys Inn (Jamaica Street) 3-star 321 Dec 17

Premier Inn (Sauchiehall Street) 3-star 210 Nov 17

Glasgow Pond Hotel (now Leonardo Hotel) 3-star 137 Jul 17

Travelodge Glasgow Central Budget 95 Oct 16

Travelodge Glasgow Paisley Road Budget 75 Oct 16

PREMIER INN (ST ENOCH)

A new seven storey 249-room Premier Inn hotel will open

in mid-2020. The new development is regarded as a

major regeneration for the area between St Enoch Square

and the River Clyde. Located on Howard Street/Dixon

Street, the hotel will feature Scotland’s ﬁrst Bar and Block

Steakhouse alongside another retail unit.

249 rooms

COURTYARD GLASGOW (SEC)

The Scottish Events Campus (SEC) will also be home

to a new 216 room Courtyard by Marriott hotel which is

scheduled to open in summer 2020. Its state-of-the-art lobby

will provide ﬂexibility and choices for guests. The rooms are

designed with comfort and convenience in mind, making

them utterly suitable for the modern traveler. A focal point at

the Courtyard will be GÅRD Taste Scandinavian, the hotel’s

restaurant, as well as ﬂexible spaces to work or relax. The

hotel also oers a well-equipped ﬁtness centre.

216 rooms

Looking forward to this year we expect to see

more stock coming to market across all grades of

accommodation but primarily driven by demand

for the budget and four-star segments. Demand for

these assets in Glasgow will be underpinned by the

operational performance resulting from the growth

of the staycation market, as well as the continued

growth in international tourist numbers.

Steven Fyfe, Associate Director, Hotels, Savills

KEY STATISTICS - 2019 AVERAGES

OCCUPANCY

79.1%

REVPAR

£56.33 €66.47

AVERAGE DAILY RATE

£71.25 €84.08

INVEST GLASGOWHOTEL PROSPECTUS

SHORT BREAKS

A SHOPPING MECCA

With more than half a million square metres of retail ﬂoor

space, Glasgow is the UK’s largest and most successful

shopping location for spend outside of London. The

city is home to an abundance of luxury outlets while

independent retail is vibrant and continues to grow

in variety and scale. With an annual footfall of 52.7

million, Buchanan Street is the second busiest retail

thoroughfare in the UK after Oxford Street in London.

FOOD & DRINK

Glasgow boasts a diverse, innovative and constantly

evolving culinary scene. Home to some of the most exciting

chefs and restaurateurs in Scotland – Glasgow is a city

packed full of talented people with an award-winning

food and drink sector to suit all tastes and budgets.

Glasgow’s location on Scotland’s west coast also oers an

abundant source of the best local produce in the world.

WORLDCLASS CULTURE

Home to the Royal Scottish National Orchestra, National

Theatre of Scotland, BBC Scottish Symphony Orchestra,

Scottish Opera and Scottish Ballet, and an internationally

acclaimed reputation in contemporary art, design and music.

Bookings for cultural experiences in Glasgow in 2018 have

increased by nearly 150% compared to the previous year.

A CENTRE OF EXCELLENCE FOR VISUAL ARTS

Eight Turner Prize winners, and 11 nominees have lived,

trained or worked in the city in recent years. Due to the

city’s track record of success at the event, it was chosen

to host the Turner Prize Awards in 2015. Additionally,

Glasgow International is Scotland’s largest bi-annual

festival of contemporary visual art and will once again

take centre stage in the city this year, having been named

by Time Out magazine at number 17 in its list of the 40

most exciting things to see in the world in 2020.

A UNESCO CITY OF MUSIC

As the UK’s ﬁrst and Scotland’s only UNESCO City of

Music, Glasgow is home to the most immersive music

experience in the world and visitors from across the globe

regularly cite music as a reason for coming to Glasgow.

Glasgow music events and festivals, including the likes of

TRNSMT and Summer Sessions, helped to generate more

than £431 (€509) million for the Scottish economy in 2018,

and supported 4,300 jobs. Scotland saw the strongest

The world’s leading publications and websites have consistently ranked Glasgow as a must-visit city for some years now

and recognise that the city is a progressive, exciting and dynamic place that consistently delivers a world-class tourism and

visitor experience.

Most recently, Glasgow was recognised by Time Out magazine as one of the world’s top 10 cities for 2019 and named

number one for both friendliness and aordability. Other leading publications which have ranked Glasgow as a top city to visit

include Rough Guides, Condé Nast Traveller, Lonely Planet, National Geographic Traveller, the New York Times, The Guardian

and Wanderlust.

growth in music tourism across the UK, rising from 800,000

visitors in 2017 to 1.1 million in 2018; an increase of 38%.

EUROPE’S FINEST CIVIC ART COLLECTIONS

Two of the ﬁnest civic art collections in Europe can be found

in Glasgow, at the Burrell Collection and Kelvingrove Art

Gallery and Museum. The Burrell Collection is currently

being transformed through an exciting £66 (€78) million

refurbishment and will re-open to the public in spring 2021.

WORLDCLASS EDUCATION FACILITIES

The city region is home to six higher education

institutions and six super colleges, which attract

over 185,000 students and their families to

Glasgow, from some 140 countries, each year.

URBAN ADVENTURE

The options are endless for urban adventure in Glasgow.

Try snowboarding at Glasgow Ski and Snowboarding

Centre, kayaking and riverboarding at Pinkston Paddlesports

Centre, wakeboarding at Glasgow Wake Park, BMX biking

at Knightswood BMX Centre or take on a real mountain bike

experience in one of the city’s numerous country parks.

GREAT NATURAL BEAUTY

The archipelago of the Clyde Coast and Islands and the

Highlands’ stunning scenery is on the city’s doorstep,

just 45 minutes away. Glasgow’s close proximity

to Scotland’s great outdoors oers an impressive

range of activities including access to world-class

championship golf courses including Royal Troon and

Turnberry, as well as, hill walking, watersports, sailing,

treetop adventures, cycling and mountain climbing.

THE GLOBAL TOURISM MARKET IS FIERCELY COMPETITIVE, BUT THERE’S NO

SHORTAGE OF COMPELLING REASONS TO VISIT GLASGOW

In 2019, Condé Nast Traveller named Glasgow

as the only UK city in its list of the top 10 best

destinations in Europe for solo travel:

British cities just don’t come any friendlier

than Glasgow, and for solo foodies, the

sharing tables scene in Finnieston makes

eating out a thoroughly social experience.

Today, Finnieston is one of the most

exciting culinary destinations on the

planet. Many of the city’s grand tenement

ﬂats are now home to microbreweries,

seafood restaurants, bohemian cafés

and poshed-up pubs at street level,

where Glasgow’s famously friendly,

fun-loving and unfussy spirit prevails.

Consistently voted one of the friendliest

cities in the world, Glasgow makes

Scotland proud with its attitude towards

strangers and tourists. Its warm and

welcoming community adds a real buzz

to the city, making it an overwhelmingly

popular city break destination.

In 2019, Big Seven Travel included Glasgow

in the top 10 of its 50 friendliest cities in the

world list and also named the city as the 5th

friendliest in Europe

INVEST GLASGOWHOTEL PROSPECTUS

GLASGOW

North America

& Caribbean

Toronto

Orlando

Reykjavik

Sumburgh

Kirkwall

Stornoway

Benbecula

Tiree

Islay

Campbeltown

Donegal

Derry

Belfast

Dublin

Cork

Newquay

Birmingham

Cardi

East Midlands

Bristol

London

Southampton

Exeter

Wroclaw

Budapest

Dubrovnik

Prague

Berlin

Munich

Grenoble

Amsterdam

Geneva

Paris

Jersey

Guernsey

Chambery

Bordeaux

Faro

Malaga

Alicante

Ibiza

Menorca

Almeria

Palma

Girona

Barcelona

Reus

Malta

Naples

Rome

Verona

Corfu

Heraklion

Rhodes

Dalaman

Kefalonia

Kos

Paphos

Dubai

Sharm El Sheikh

Hurhada

Halifax

Cancun

Montego Bay

Bridgetown

Bourgas

Salzburg

Split

Pula

Venice

Zante

Antalya

Bodrum

Izmir

Larnaca

Rovaniemi

Barra

Turin

Bucharest

Warsaw

Marseille

Gran Canaria

Tenerife

Fuerteventura

Madeira

Lanzarote

Enﬁ dha

Frankfurt

Dusseldorf

Brussels

Krakow

New York

STRATEGIC

INTERNATIONAL LOCATION

Located on the River Clyde in west-central Scotland, Glasgow sits at the centre of Scotland’s only metropolitan

region. With a population of 1.8 million the Glasgow City Region is a key driver for both the Scottish and the UK

economies. As a result, Glasgow beneﬁts from a well-developed transportation network that ensures excellent

access and connectivity.

From Glasgow it is easy to do business in the UK, Europe and beyond.

INTERNATIONAL CONNECTIONS FROM GLASGOW AIRPORT

LOCAL TRANSPORT NETWORKS

6 HOURS

New York

7 HOURS

Dubai

1.5 HOURS

Frankfurt

1.5 HOURS

Paris

1 HOUR

London

1.5 HOURS

Amsterdam

Glasgow Airport is Scotland’s principal long-haul airport as well as the main freight airport. Located approximately 9 miles west

of the city centre substantial recent investment has added new routes and improved facilities while there are further plans for

infrastructure investment.

Glasgow is an easy city to ﬁnd your way around. Built on a grid system, it’s compact to navigate, either on foot or by public transport.

Glasgow is served by two main railway

stations, Central Station and Queen Street

Station, and has the largest suburban

rail network outside of London. Regular

connections to London and major English

and Scottish cities makes travel throughout

the UK simple.

• Central Station - 33 million passengers

per year and the main commuter hub

• Queen Street Station - £120 (€141.6)

million improvement programme

• 20+ trains per day to London

• 8 trains per hour to Edinburgh

• Buchanan Bus Station is undergoing a

£580,000 (€684,400) refurbishment

• SPT manage 4 bus stations serving 16

million passengers per year

• 170+ bus services connect Glasgow,

the city region and beyond

• £300 (€354) million

refurbishment underway

• 15 stations

• Runs every 4 mins at peak times

• 13.2 million passengers (2018/19)

Scotland’s trunk road and motorway

network connects its cities, towns, airports

and ports enabling the movement of

people, goods and services. The roads are

well maintained and, in general, the trac

density is lighter than other parts of the

UK. Glasgow is served by four motorway

systems which eciently link the Glasgow

City Region and beyond.

RAIL ROAD

AIR

BUS

SUBWAY

4 HOURS 10 MINS

1 HOUR 5 MINS

London

Manchester

Edinburgh

Birmingham

Edinburgh

3 HOURS 30 MINS

4 HOURS 30 MINS

7 HOURS 20 MINS

50 MINS

AIRPORT CONNECTIONS TO GLASGOW

Glasgow Airport

Shuttle bus from the airport direct to the city centre

every 10 mins. Taxis are always available.

Glasgow Prestwick

Direct trains every 30 mins to city centre.

Edinburgh International

A shuttle bus departs from Buchanan Bus Station to and

from Edinburgh International Airport every 30 mins.

Frequent bus/train link to Glasgow city centre every 15 mins.

15 MINS

45 MINS

1 HOUR

Glasgow ranks

2nd in Europe

among cities of similar size for the

strength of local and international

transport connectivity and accessibility.

• 150+ destinations worldwide

(from Glasgow, Edinburgh and Prestwick)

• Direct ﬂights to North America, Europe, Asia and the Middle East

• 200+ ﬂights daily

• One hour ﬂying time and 324+ weekly ﬂights to/from London

• Most European destinations are within a 2 hour ﬂight

• 8.8 million passengers annually

• New routes include Frankfurt, Venice, Pula and Sharm el Sheik

• Glasgow Prestwick Airport and Edinburgh International

Airport are both within 1 hour from Glasgow city centre

AVERAGE TRAVEL TIMES

Disclaimer: This is not a complete or accurate map and is for guidance only. E&OE.

AWARD WINNING CITY

TOP LARGE EUROPEAN CITY FOR FDI

STRATEGY 2020/21

Glasgow has achieved an outstanding set of results

in the prestigious fDi Intelligence ‘European Cities of

the Future Awards 2020/21. Beating o competition

from over 300 cities, Glasgow took ﬁrst place in

the Best Large City for FDI Strategy, reclaiming the

title previously won in 2014/15. In the Large Cities

categories, Glasgow was awarded:

7th place overall Best Large City;

4th Best Large City for Business

Friendliness; and 7th Best Large

City for Connectivity.

ONE OF THE WORLD’S BEST

PERFORMING FINANCIAL CENTRES

The Global Financial Centres Index (Sep 2019) has

ranked Glasgow in the Top 70 of the world’s best

performing ﬁnancial centres (out of 104).

Glasgow has the third most important

ﬁnancial centre in the UK and has

its own dedicated International

Financial Services District.

TOP TEN GLOBAL CITY OF

THE FUTURE 2018/19

The city has also been ranked as a Top Ten Large

Global City overall in 2018/19 by fDi Intelligence. As a

further endorsement of the city’s

appeal, Glasgow ranked 3rd for

Business Friendliness, 4th for

Human Capital and Lifestyle,

and 6th for Connectivity.

ONE OF THE WORLD’S TOP SPORTING

CITIES AND NO. 1 CITY FOR

SPORT LEGACY

Glasgow has maintained its place as one of the

world’s top ﬁve Ultimate Sports Cities, alongside

London, New York, Auckland and Melbourne, within

SportBusiness International’s prestigious bi-annual

2018 global rankings.

This year, Glasgow will host the 2020 LGT World Men’s

Curling Championship and four football matches as part

of UEFA EURO 2020. And in 2023, Glasgow will again

be on the global sporting stage when the city hosts

the inaugural UCI Cycling World Championships - an

unprecedented event bringing together 13 UCI World

Championships across dierent cycling disciplines for

the ﬁrst time ever.

THE UK’S TOP CULTURAL

AND CREATIVE CITY

Glasgow has been named the UK’s top cultural and

creative city by the European Commission, ahead of

London, Bristol, Brighton and Manchester. The EU

Cultural and Creative Cities Monitor 2019 also ranked

Glasgow as Europe’s leader for ‘openness, tolerance

and trust’.

THE WORLD’S LEADING FESTIVAL AND

EVENT DESTINATION

Glasgow has been voted the world’s Leading Festival

and Event Destination 2019 at the 26th annual World

Travel Awards; recognised as the most prestigious

honours programme in global travel and tourism.

Having been awarded the European title in June 2019,

the city beat o strong competition from Singapore; Rio

de Janeiro; London; Cape Town and previous double-

winner Dubai to receive the coveted world accolade in

November 2019. The prize is voted for by consumers

and travel and tourism professionals around the world

who recognised the city’s commitment to excellence

and the array of world-class major sporting and cultural

events which Glasgow has hosted in recent years.

TOP UK CITY FOR RETAIL

OUTSIDE LONDON

Glasgow is one of the UK’s largest and most successful

shopping locations. After London’s

West End, it is the ﬁrst UK

city for retail by comparison

spend (tourists, workers and

residents) (HDH 2017).

TRIPADVISOR TOP 10

CITY IN THE WORLD

In 2018, Glasgow was rated as one of the top 10 ‘most

excellent’ cities in the world by TripAdvisor, reﬂecting

the city’s percentage of restaurants, hotels and

attractions in possession of a TripAdvisor Certiﬁcate

of Excellence awarded for consistently high levels

of customer service and strong online reviews.

TripAdvisor said: “Our Certiﬁcate of Excellence is

given to accommodation providers, restaurants, visitor

attractions and experiences that deliver outstanding

customer service and consistently achieve

strong online reviews. Through our

‘Most Excellent’ list, we’re delighted

to reveal that Glasgow is

one of our best-performing

destinations globally

where travellers will

encounter excellent

businesses and service.”

SSE HYDRO AMONG

THE WORLD’S TOP ARENAS

The SSE Hydro was ranked ﬁrst in the global Billboard

Chart Top 10 Venues Index (Mid-Sized Venues) 2018 ahead

of Hallenstadion in Zuzrich, the Mercedes-Benz Arena in

Berlin and Brisbane Entertainment Centre, Australia as well

as being ranked second in Pollstar’s Top 200 global arenas

list for worldwide ticket sales 2019 ahead of the O2 Arena

in London and the Ziggo Dome in Amsterdam. Only New

York’s Madison Square Garden sold more

tickets in 2019 than the SSE Hydro,

reinforcing its reputation as one of the

top arenas in the world today.

1ST EVER UK CONVENTION BUREAU TO

RECEIVE A GREEN TOURISM AWARD

Green Tourism, the world’s largest certiﬁcation

programme of its kind, assesses businesses globally

on their green credentials. In 2017, Glasgow

Convention Bureau became the ﬁrst

convention bureau in the UK to be given

an award; receiving a silver grading for

demonstrating a progressive approach

and commitment to sustainability.

4TH IN THE WORLD FOR SUSTAINABLE

BUSINESS TOURISM

Ranked 4th in the world in 2019, Glasgow has

been recognised as one of the world’s

leading cities for sustainable

business tourism by

the Global Destination

Sustainability Index.

UK’S BEST CONVENTION

BUREAU 13 YEARS RUNNING

The Glasgow Convention Bureau at Glasgow Life

was named the UK’s Best Convention Bureau for a

record 13th time in 2019. At the inﬂuential Meetings &

Incentive Travel (M&IT) Awards,

held in London, Glasgow beat

o strong competition from

across the UK to become

the ﬁrst organisation to

collect the top prize on

13 occasions and over

consecutive years.

EUROPEAN CAPITAL OF SPORT 2023

Glasgow has succeeded in its bid to be named the

European Capital of Sport in 2023 - becoming the ﬁrst

destination to win the coveted title twice and marking

20 years since the city ﬁrst gained the accolade in

2003. Winning the title adds yet another impressive

jewel to Glasgow’s sporting crown.

BEST FDI STRATEGY

TOP

GLASGOW

GLOBAL CITIES

OF THE FUTURE 2016/17

INVEST GLASGOWHOTEL PROSPECTUS

NEW ARRIVALS

Radisson RED Glasgow is the very ﬁrst RED to land in the

UK and we couldn’t have picked a better city. Located on

the Scottish Event Campus we are proud to oer travellers

to this thriving city a unique hotel experience. RED

celebrates the best local talent in music, fashion and art

and combined with our casual service styles, buzzing social

scenes we have the perfect ingredients for a fun, upbeat

vibe which matches this city’s character perfectly!

Graham Chalmers, Curator

In 2018 we were exceptionally proud to see Glasgow’s

second ibis Styles open its doors. ibis Styles Glasgow Centre

West is perfectly positioned within the city’s business district

for corporate guests or for guests visiting the city for a gig at

one of Glasgow’s many music venues as featured throughout

our hotel. Our hotels are designed with the city and its music

icons as its focus - it is truly a city to be celebrated!

Rory MacAleece, General Manager

Nearly three years after the ﬁrst UK Moxy opened, we are

delighted to be adding Glasgow to our growing portfolio.

Each hotel has its own personality, showcasing eclectic art

that will resonate with locals and guests alike.

Mads Jacobsen, Chief Executive, Belvar

We are excited to bring Moxy’s playful spirit to Glasgow.

Thanks to its friendly, lively and dynamic social scene it

makes the perfect ﬁt for Moxy and its fun-hunter guests.

John Licence, VP, Marriott International Europe

We’re Native. We create unique aparthotels where guests

have the space and freedom to feel right at home. We’ve

taken eclectic buildings of all styles, shapes and sizes and

breathed new life into them, giving our guests the chance

to stay in the heart of their new neighbourhood and live

like a local. In 2018, we took our ﬁrst steps outside of

London with our Scottish ﬂagship hotel, Native Glasgow,

marking the start of our national expansion.

Guy Nixon, CEO and Founder, Native

Our Motel One Glasgow opened its doors in August

2018 and with 374 rooms, we are proud to be the largest

bedroomed hotel in Scotland. Our design budget hotel

is located right in the heart of Glasgow, just next to

Central Station. Glasgow is such a vibrant city with a great

energy; there really is no friendlier city in the world. This,

combined with the inspiring mixture of Victorian splendour

and contemporary culture really make Glasgow a unique

destination, and a city Motel One is excited to welcome

guests to.

Celia Hague, General Manager

RADISSON RED

IBIS STYLES GLASGOW CENTRE WEST

MOXY MERCHANT CITY

NATIVE GLASGOW

MOTEL ONE

INVEST GLASGOWHOTEL PROSPECTUS

TESTIMONIALS

Having been involved in many of the prestigious city

events over the years, Blythswood Square feels very much

a part of this thriving city. Events such as Commonwealth

Games, MTV Awards and the huge success of The SSE

Hydro have been amazing for the city.

We take delight in looking after guests to the city as much

as the residents of Glasgow and the surrounding area. It’s a

real privilege to be part of this exciting and progressive city

and can’t wait to see what the future has in store.

Murray Thomson, General Manager

We’re exceptionally lucky to be in such a central location,

with a unique outlook on both the city and one of

Glasgow’s major transport hubs, from which we beneﬁt

greatly. Improved transport links on the back of the

Glasgow 2014 Commonwealth Games, coupled with major

investments like The SSE Hydro have given Glasgow a

boost that we’ve experienced ﬁrst-hand in terms of tourist

and business trade.

Glasgow is a wonderful city and it’s a privilege to look after

its visitors and the locals who come in to enjoy afternoons

and evenings in our Tempus restaurant and our beautiful

Champagne Central that recently had a sparkling six

ﬁgure makeover. We’re looking forward to the coming

year - welcoming more visitors and supporting with

accommodation for wider city events and conferences.

Paul Bray, General Manager

We were delighted to introduce our luxury brand to

the heart of Glasgow. The city is the dynamic home to

international conferences, major music and sporting

events, and numerous cultural attractions. Glasgow

continues to go from strength to strength and we are very

proud of the reputation we have earned as the city’s top

hotel and look forward to future prospects.

Andrew Ovenstone, Operations Director

The hotel’s great location means it is at the heart of the

action both for the corporate and leisure markets and

we expect to welcome many of the visitors who come to

Glasgow because of its reputation for shopping, culture

and music. Our iconic Bath Street building has given

us the perfect opportunity to create a stylish hotel

that oers everything you’d expect from four star

accommodation.

Lindsay Sturrock, General Manager

CitizenM opened in Glasgow in September 2010 and we

are delighted to be in Scotland’s largest city. Glasgow has

internationally acclaimed art galleries and museums, along

with iconic architecture and the hotel is in the very heart

of the city centre, an area bustling with theatre, music,

shopping, art and vibrant street life - all elements that are

highly valued by our mobile citizens. CitizenM always reﬂects

and embraces local cultures and tastes and develops its

own local style. Here in Glasgow, an almost surrealist

oversize mesh artwork by Glaswegian artist

Alex Dordoy graces the hotel’s outside façade

with a tongue-in-cheek humour.

Robin Chadha, Chief Marketing Ocer

KIMPTON BLYTHSWOOD SQUARE

GRAND CENTRAL HOTEL

DAKOTA DELUXE

APEX CITY OF GLASGOW HOTEL

CITIZEN M

The Village Hotel Club Glasgow is in a superb location, so

very close to the SSE Hydro and SEC. Over the years, there

have been many companies which have set up home on the

banks of the River Clyde and there is still much development

to come in the area which will keep Glasgow thriving. Village

Glasgow has ‘everything under one roof’ and my team is

so excited to continue welcoming the local community,

businesses and leisure guests into our

dynamic ‘black box’.

Jamie Stevens, General Manager

We were delighted to open Glasgow’s ﬁrst ibis Styles

property on Miller Street towards the end of 2015. Glasgow

is a city like no other – great people, rich history and

a vibrant cultural scene as well as fantastic shopping,

restaurants and nightlife.

That’s why our hotel is designed with the city and its icons as

its focus - it’s a city to be celebrated. And as well as culture,

we’re physically in the thick of things in the Merchant City,

which is wonderful. Since opening we have had a busy time

and can’t wait to welcome more visitors to the city and the

hotel; particularly those experiencing their

ﬁrst taste of Glasgow and all it has to oer.

Rory MacAleece, General Manager

THE VILLAGE HOTEL CLUB

IBIS STYLES GEORGE SQUARE

DEVELOPMENT SUPPORT

If you are looking to invest, set up or expand, in Glasgow you will ﬁnd a business

friendly city that takes a very proactive and innovative approach to support

commercial real estate investment and business growth.

Invest Glasgow works closely with an array of partner organisations such as Scottish Enterprise, Scottish Development

International, Glasgow Chamber of Commerce alongside colleagues in the Council’s economic development and planning

services departments to provide you with a comprehensive ‘Team Glasgow’ investment and business support oer.

‘Team Glasgow’ will support your company with:

Facilitating

introductions to our

planning team to

secure approval for

key developments

Access to

partners and

networks

Finding

the right site/

location

Identifying

partners, investors,

developers and

operators

Glasgow city is now at the forefront of Artisan’s development plans with work ongoing on three sites

in the city. We are very aware of Glasgow’s reputation as a culturally-rich and vibrant destination

and are excited to be creating a range of new hotel options for the city’s visitors, grade A oce

accommodation and residential homes for its city occupants.

Our new hotel and leisure quarter at Glasgow’s Custom House site on the Clyde waterfront is

progressing well with contractor McAleer & Rushe on schedule to deliver the project for summer

2021. We are investing £90 million in the historic site which will be home to two new hotel brands

for Glasgow. The site will be a feature centrepiece for Scotland’s ﬁrst 4 star Clayton Hotel with a

303 bed hotel to be delivered by the Irish group, Dalata. Alongside this the French brand, Adagio,

will deliver an Adagio Aparthotel (162 beds).

We have worked hand-in-hand with the planning team at Glasgow City Council to secure approval

to deliver a high-quality, mixed-use development led by new contemporary architectural solutions

which sensitively respond to the existing built environment while enhancing and safeguarding the

historic Grade A listed Custom House building.

Artisan, with our hotel partners Dalata and Adagio, are committed to the regeneration of this site

and providing long-term economic stimulus and new activity to the neglected riverside area. The

secured long leases with the two prestigious hotel operators will ensure the upkeep, protection and

enjoyment of this historic asset for the future.

I am also pleased to announce our acquisition of 292 St Vincent Street, a site in the heart of

Glasgow’s central business district. We have now submitted planning to redevelop the site into

a new landmark building with active ground ﬂoor uses to animate the location at the corner of St

Vincent Street and Pitt Street. The site lies directly opposite Santander’s Scottish headquarters and

next door to the Gothic Revival style St Columba Parish Church.

We are conﬁdent that this development will help redeﬁne the character of this western part of the

city centre with the opportunity to create a new area of public realm on St Vincent Street and

connections through to the nearby West George Lane.

The acquisition of St Vincent Street has allowed us to expand our footprint in

Glasgow. We have secured another high-quality regeneration opportunity

in a city centre location that conﬁrms our commitment to Glasgow as

a great city to invest in.

Our next exciting focus in Glasgow city centre will

be bringing residential homes to the heart of the

city centre.

Clive Wilding,

Project Director,

Artisan Real Estate Investors

We are currently in the process of building the Sandman Signature Glasgow Hotel and couldn’t be happier with our decision to

invest in this amazing city. I’m based here at the moment overseeing the project and I’m really enjoying my time, the whole place

has a buzz about it that we can’t wait for our guests to experience.

It has been great to have the support of the planning team behind us as we work on introducing Sandman to Glasgow.

With a goal to open in Spring 2022, our new hotel will bring with it a stunning restaurant concept, 179 beautifully appointed

bedrooms and suites including those with amenities perfect for long-stay travellers and our legendary Canadian hospitality.

We can’t wait to see what the future holds for us in Glasgow, we know it will be bright.

Mitch Gaglardi, Managing Director, Sandman Hotel Group

www.artisanrealestate.co.uk

Example bedroom, image taken at Sandman Signature Aberdeen Hotel

INTERESTED?

FIND OUT MORE

To ﬁnd out how Invest Glasgow

can support you, contact:

Invest Glasgow

@invest_glasgow

invest@glasgow.gov.uk

investglasgow.com

+44 (0) 141 287 8616

Invest Glasgow

Glasgow City Council’s Inward Investment Team provides

one point of contact to all businesses, property investors

and developers seeking to invest in Glasgow.

investglasgow.com

Scottish Development International (SDI)

SDI has a dedicated tourism team who work closely with

developers, investors and hotel operators to secure a

successful investment.

sdi.co.uk

Glasgow Life

Glasgow has conﬁrmed conference and major events

business on its books until 2024 and bids in planning

through to 2026. For the city’s latest tourism news, visit

peoplemakeglasgow.com and follow @glasgowtourism

and @meetglasgow on Twitter.