24th November 2014

£7m investment and 25 jobs will transform Merchant City building.

Glasgow's first ibis Styles Hotel is set to open, accounting for a £7m investment and creating 25 jobs in the city.

Glasgow-based RBH, the UK's leading independent hotel management company, will work with ibis Styles for the design and will operate the hotel upon completion.

The new hotel will be located on Miller Street in the Merchant City, in the current Telfer House building, and will feature 101 bedrooms over eight floors.

Work on the hotel began in October 2014 and the first guests will be welcomed through the doors in autumn 2015.

ibis Styles Hotels are renowned for telling their own city-specific stories and the new Glasgow venue will be no different, with planned design features including tributes to famous Glasgow landmarks and the humour the city is renowned for.

The hotel will be managed by RBH and will be the Glasgow-based company's first property in the city, adding to its portfolio of 70 branded and private label hotels across the UK.

RBH will also assist with the development and fit out of the hotel.

Ross Morrow, Chief Development Officer for RBH, says: "We are thrilled to announce our first hotel in Glasgow. It feels like a homecoming in a way as we are based in the city and this will be our first property here.

"Not only that, but in addition to the eventual day-to-day running of the property, we are very involved in the design and creation of the hotel, which is something we specialise in. This is all the more exciting as it is on home turf.

"It's a really interesting project for us as the building is in a superb location but is currently empty and neglected, so there's a transformation underway that will really breathe life back into it. With this regeneration of a key building and new jobs being created it's a real landmark project for RBH."

Inge Van Ooteghem, SVP Operations Economy and Budget Hotels for Accor, says: "We are delighted to be bringing the ibis Styles brand to Glasgow and look forward to unveiling the hotel next year.

"Every ibis Styles Hotel is unique, with a positive, trendy personality. Our interior design is vibrant, energetic and has a sense of humour - all characteristics which we feel marry exceptionally well with Glasgow itself. We look forward to welcoming guests through the doors in 2015."

Accor has signed a franchise agreement with MCTH (Trading) Limited, which is a vehicle funded by Bowmont Capital Parters, Maven Capital Partners and delivered by Caledon Property Group. The hotel will be managed by RBH, adding to its current roster of leading hotel brand franchisors which includes Starwood Hotels and Resorts Worldwide, IHG, Hilton Worldwide, Wyndham and Best Western.