Why luxury hotels are betting big on popular whiskey destination [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Yahoo! Finance
have inspired literature for centuries, Scotland continues to see a spike in tourism numbers across spending categories. The 4.4 million international arrivals who came to Scotland in 2024 and the last year for which numbers are available are an increase of more than 25% from pre-pandemic numbers in 2019. Luxury spenders, which in the industry is typically defined as the top 10% or those spending over $25,000 USD per trip, pumped in over £3.6 billion ($4.79 billion USD) into the Scottish economy in previous years. New Edinburgh Grand is the first Marriott Luxury Collection hotel in Scotland With the number of high-spending tourists continuing to grow, a number of luxury hotel chains have set their sights on the country for their expansion plans. Marriott just opened the doors to the first property under its Luxury Collection brand in Scotland with The Edinburgh Grand. The 50-room property has been reconverted from a building that once housed the original Royal Bank of Scotla
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