Cheval Collection begins work on Glasgow property

Cheval targets Europe, Middle East for footprint expansion
2022-11-07
/
/ New Delhi
/ Hotels
Cheval Collection begins work on Glasgow property

Cheval Collection and 141WRS marked the occasion with a signing ceremony in Cheval Collection’s London office

British hospitality brand, Cheval Collection has begun construction work on its latest property in Glasgow. In the meanwhile, the company has also begun to look for expansion beyond Britain, notably in Europe and the Middle East.
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Cheval Collection, a boutique hospitality brand in the United Kingdom, says it has started work on a 70-unit development, the Cheval Maison – West Regent Glasgow. Cheval Collection and 141WRS marked the occasion with a signing ceremony in Cheval Collection’s London office. The Glasgow property is due to open in 2025 and it will be Cheval Collection’s fifth property in Scotland. The property will be located at 139 & 141 West Regent Street.

The 70 apartments will be split into 27 standard studios, 15 large studios, 23 one-bedroom apartments and five two-bedroom apartments. “We are thrilled to be working with 141WRS on this project in a city we love. After 40 years of operating serviced apartments we have gained the knowledge which delivers results for owners, loyalty from guests and qualifies us for our next phase of expansion. Being also owners means that we have learned to be flexible and treat each site as unique, multi-purpose accommodation where guests can live their lives, whether travelling for business or leisure,” says Mohammed S Alawadhi, Managing Director, Cheval Collection.

“Cheval Collection’s decades of experiences in serviced apartments made it the obvious choice for this development, which we hope will reinvigorate this corner of the city centre. “We expect the Cheval Maison property in Glasgow to attract international guests and appeal to the local community with restaurants on the ground floor and roof terrace,” says Simon Mullen, Managing Director, 141WRS.

With a view to expand its footprint beyond the United Kingdom, Cheval Collection has started eyeing top touristic destinations overseas, especially in Europe and the Middle East. According to a press statement, the group is in talks with a number of other property owners in dynamic cities around the world, with a particular focus on Italy, Spain, France and other key countries in Europe, as well as the Middle East, where demand is growing.  

“A growing number of investors are attracted to products which can offer a high rate of return, with efficient operations, which has grown in importance as cost and staffing pressures have also grown. We have significant amounts of projects under discussion for our full range of brands, with consideration given to both urban and resort locations,” says Mohammed S Alawadhi

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