The Malmaison Hotel du Vin Group has bought a prime city-centre site from a Scottish university.
Robert Gordon University in Aberdeen has negotiated a multimillion-pound deal with the group in exchange for part of its Schoolhill campus.
A 200-bedroom hotel is planned for the property currently housing the student union and the adjoining Clarke building.
The sale follows a previous sale of land to the Sandman Group by the university.
Sandman plans to invest nearly £20m to transform RGU’s St Andrews Street building into a four-star hotel complex with 220 rooms.
Malmaison has 13 hotels in the UK, including one in Queen’s Road in Aberdeen and others in Dundee, Belfast, Birmingham, Edinburgh, Glasgow, Leeds, Liverpool, London, Manchester, Newcastle, Oxford and Reading.
The group also has 15 Hotel de Vin developments nationwide.
It is not known at this time whether the development will be badged Malmaison or Hotel du Vin and it is understood that the deal is subject to planning permission being agreed.