Bank backs bid to turn ship into luxury hotel

Published: 12 September 2018

The seven-figure revamp of a former lighthouse ship in Leith by the charity behind the Royal Yacht Britannia has been given a boost by Santander Corporate & Commercial.

The Edinburgh-based Royal Yacht Britannia Trust has secured support from the lender for its redevelopment of the MV Fingal into a luxury floating boutique hotel and events venue. The total project cost is £5 million, funded by five-star visitor attraction Britannia’s trading company, Royal Yacht Enterprises.

Britannia is one of the most famous ships in the world, and we are absolutely delighted to be working with such a prestigious client...

Kirsty Johnston, Relationship Director, Santander Corporate & Commercial

 

The initiative aims to cater for strong demand for high-calibre, quality entertainment space, turning it into a five-star hotel offering corporate hospitality and events such as weddings.

Bob Downie, chief executive of the Royal Yacht Britannia Trust, said: “We are creating a unique hotel proposition to complement our unique tourist attraction...”

Full story via The Scotsman News

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