Scotland’s first most expensive hotel has closed just two years after owners spent £5m on developing the project.
The Atholl, located in the west end of Edinburgh, carved a niche when it became the first hotel in Scotland to charge £1,000 a night in April 2012.
Owners had high hopes for the luxury property, but it proved just too expensive for travellers, charging nearly four times as much as neighbouring hotels.
The Georgian-building boasted a restaurant offering from Albert Roux, Hermes wallpaper and an award-winning garden.
Now, just two years after owner Alison Davies ploughed £5m into the project, she has announced that The Atholl has closed its doors for good. The website has been taken offline and phone numbers are out of order.
A spokesperson for Alison Davies told The Daily Mail that plans are being developed to turn the luxury hotel into four flats.