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    Edinburgh Festival to get pop-up hotel

    Category: Scotland Business News — Gary Cain on July 18, 2012

    A pop-up, or portable, hotel is set to make its Scottish debut next month as it sets up shop in the centre of Edinburgh.

    It is being installed to cater for the expected increase in demand for accommodation as the 2012 festival gets into action.

    The temporary building will be located in the Old Town on what is presently the Caltongate project site. Taking less than 72 hours to erect, the building will provide 120 fully furnished bedrooms for weary festival goers.

    As well as the usual furnishings expected in a hotel room, guests can also look forward to an en-suite shower room and flat-screen TVs.

    The invention has already proved incredibly successful this summer. Used in Windsor to cater for visitors to the Jubilee Pageant, the organisers are confident it will work just as well north of the border.

    Lukas Nakos, the managing director of Artisan Real Estate Investors, the owners of the Caltongate site, said:

    “[the hotel will] provide the city with much-needed room space during its busiest month of the year.”

    It shows just how innovative companies are becoming to maximise opportunities – something which is being replicated in the approach to raising working capital.

    From Glasgow to Edinburgh, invoice discounting and factoring companies are helping Scottish firms advance.

    In the long-term though, Artisan and Edinburgh Council are working towards a more traditional permanent development on the 640,000 sq ft Caltongate site.

    With plans for cafes, shops, public spaces and, of course, permanent hotels, it is hoped to become a signature area of the city.

    'Disclaimer: The information contained in these articles is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

    1 Comment »

    1. I went to the festival and stayed here – didn’t think it was that much cheaper than an actual hotel though! Novelty factor was nice, however.

      I think Caltongate would be well placed to offer areas for people to relax and be entertained – let’s hope it happens.

      Comment by Lucy — November 23, 2012 @ 4:44 pm

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