LOCAL HOTEL FUNDING

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Re: LOCAL HOTEL FUNDING

Postby Kintyre Forum News » Wed Apr 07, 2010 9:46 am

Kintyre Forum News wrote:Does anyone know if anything is happening with this?


Received this information from the Mach Dunes Spring 2010 e-Newsletter

Plans are full-steam ahead for the renovation and revitalization of the Royal Hotel located right on the harbour in downtown Campbeltown, and the Ugadale Hotel, overlooking the famed first hole at Machrihanish Golf Club. These historic turn-of-the-20th-century hotels will be of a 4-star minimum standard and offer 23 luxurious guest rooms each when the projects are complete. Both will feature premium dining and beverage options, and the Royal Hotel will also be host to a cozy malt whisky pub.

Funding of £1.12 million towards the project was approved by Highlands and Islands Enterprise (HIE) with a further £744,000 committed from the European Regional Development Fund (ERDF). Southworth Development is currently working with a lender for financing of a portion of the approximate £7.5 million total project cost. The historical charm of these properties, combined with world-class resort updates, will further enhance the lure of Kintyre.
If you have a news article or event please post here or e-mail us at kfn@campbeltown.info

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