The expansion of the Ruby Group, under the leadership of founder and CEO Michael Struck, is progressing rapidly despite the challenges in the European hotel market.
The new Ruby Hotel in Edinburgh is located directly on the famous shopping street of Princes Street, opposite Princess Street Gardens Park, and comprises around 300 rooms across seven floors. The hotel features a rooftop terrace with panoramic views of both the World Heritage Edinburgh Castle and Edinburgh Old Town. Public areas include a 24/7 bar which, like the rooms themselves, follows Ruby’s Lean Luxury philosophy.
The new Ruby Hotel will be a conversion with partial new construction of three connected buildings. With its extensive in-house expertise of converting existing buildings, Ruby was able to convince Hunter REIM, Scotland’s leading independent real estate investment management company based in Edinburgh, to be its partner.
Julian Mörs, Group Director Development at Ruby, comments on the exciting future opportunities for the hotel group: “The hotel market in Edinburgh has proven to be very robust in the past, shows sustainable growth and offers a lot of potential for our concept, especially in the affordable luxury segment. We are very excited to enter the Scottish market with this great project.”
