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Fountain Court serviced apartments announces £1.2 million investment

Posted: 6th September 2019

Prestigious Edinburgh serviced apartments company Fountain Court are modernising their business model to meet the needs of the 21st century traveller.

The well-established business is investing more than £1.2 million in an extensive refurbishment of its West End serviced apartments and is developing a range of forward thinking, guest-friendly initiatives.

This period of positive change and strategic restructuring of the company’s portfolio has resulted in recent sales of several of its Edinburgh properties as Fountain Court streamlines its business going forward.

Fountain Court, an independent Edinburgh based company which has been working with both leisure and corporate guests for more than 20 years, said it was focusing on its serviced apartments in the city’s vibrant financial district.

These include the centrally located Grove, Harris and Executive properties, which have a total of 85 studio, one- and two-bedroom apartments.

Announcing the £1.2 million investment, Fountain Court Director John Neil said
“The extensive refurbishment will ensure guests staying at Fountain Court enjoy a fully modernised apartment with spacious living areas and a bespoke kitchen. New features including upgraded power showers, high speed Wi-Fi and a comfortable bed are at the forefront of the design. This investment highlights our ambition to be the premier serviced apartment provider in Edinburgh. Friendly service, local hospitality and fantastic value for money will remain at the core of our offering.”

The serviced apartments sector has enjoyed a huge growth in recent years. More than 23,600 apartments are set to be added in Europe by 2022, with the UK accounting for 32 per cent – about 7,500 apartments over the next three years.

Mr Neil added: “Fountain Court offers the perfect destination for both corporate and leisure travellers alike. With spacious and well-equipped apartments located in an ideal position in the Edinburgh’s West End, we offer a true home from home experience supported by great Scottish hospitality”

Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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