On behalf of Downing LLP, Christie & Co acted on the sale of Dunkeld House Hotel to a consortium of a UK-based financial investor and hotel operator. This sale concludes a successful investment period for Downing, which began in 2016. Downing originally invested alongside management to acquire, refurbish, and reposition the hotel. The initial refurbishment was completed in 2017 and additional sums have been invested over the course of the investment to further enhance the quality of the hotel.
Downing successfully completed the rebranding and first stage of the value enhancement over their 6-year holding period, the new owners will now take on the asset to invest further capital for expansion of the facilities to realise the full potential of the estate to match growing demand for Scottish upmarket leisure offerings.
Dunkeld House is a full-service, 4* Scottish country house hotel located in beautiful natural surroundings of Highland Perthshire. As a result of the investment to improve the quality of the property and operations, the hotel has consistently traded ahead of expectations since the original acquisition. New management expects the trading trends to continue and to continue to improve profitability post expansion.