Real estate and investment firm JLL has been instructed to source offers of interest to develop a hotel for Scottish Rugby on land near the entrance to the BT Murrayfield Stadium in Edinburgh.
JLL said its Hotels & Hospitality Group has been asked to source potential investors and operators for the site.
It said 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.”
The proposed hotel site is adjacent to the main entrance of the stadium off Roseburn Street and diagonally opposite the Murrayfield tram stop.
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 said: “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.”