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Four-star hotel near Edinburgh secures £2.9m funding boost to target expansion

Carberry Tower

A four-star hotel near Edinburgh is to ramp up its expansion plans after locking in a £2.9m funding boost from HSBC.

The privately-owned, The Carberry Tower mansion house hotel, which dates back to 1480, is to now invest the money into creating ‘new leisure and dining experiences’ across its 40 acres of land.

The property comprises 30 bedrooms, a bistro and a champagne terrace, and is headed up by general manager Douglas McCreadie.

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Susan Rowand, head of business banking in Scotland at HSBC, said that the business had ‘achieved a great deal’ in its first three years of trading, having built the business up from scratch, and that HSBC looked forward to ‘seeing the positive changes take shape in the coming months’.

General manager Douglas McCreadie said: “The growth of the business has meant there was a need to ensure we were financially stable for the future…Having HSBC UK’s backing allows us to open up the hotel by providing luxury experiences for non-residents.”

Tags : bankingedinburghfundingHSBCScotland
Zoe Monk

The author Zoe Monk

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