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Ground-Breaking Event Marks Rise of 500-Room Hotel - First of its Kind in the UK and Scotland's Largest

The construction start of what will become Scotland's largest hotel, set to rise from the very heart of Glasgow's historic Merchant City, was marked by a ground-breaking ceremony at Candleriggs Square, heralding the £300 million transformation of one of the city's most prominent development sites.

The hotel forms the first development phase of the much-anticipated regeneration of the 3.6-acre Candleriggs Square site now being delivered by a joint venture between Drum Property Group and Stamford Property Investments.

The 500-room complex - developed, owned and operated by pioneering hotel brand The Student Hotel (TSH) - will be the first of its kind in the UK and is set to be completed for the start of the 2023 academic year.

TSH is a pan-European investor, developer, owner and operator of a unique award-winning 'hybrid' hospitality concept. It combines accommodation, co-living and co-working spaces with restaurants, bars, gyms, retail outlets and meetings and event spaces. TSH has launched 15 hotels in many of Europe's most high-profile city centre destinations - including Amsterdam, Florence and Berlin.

The opening of The Student Hotel in Glasgow will mark a significant personal milestone for the company's founder and Chief Executive, Charlie McGregor, who was born and raised in Scotland before setting up TSH in 2006.

Welcoming the construction start, he said: “Today marks the first step of what will become Scotland's largest hotel, bringing with it our pioneering hybrid hospitality model that will introduce something very different and very exciting to the UK market.