The Spires, operators of serviced suites in Aberdeen, Birmingham and Glasgow, has turned in a recession-busting performance in Glasgow, following their move to new premises in the city last summer.
In the first 12 months after moving into their new purpose-built premises in Glasgow’s Glassford Street, The Spires has reported a 38% increase in revenue. This contrasts with the general trend of little or no growth for UK hotels outside London.
The Spires new premises have 25 serviced apartments, compared with the 23 in the previous location on Bothwell Street, Glasgow.
Commenting on the improved results from Glasgow, Craig Duguid, National Sales Manager at The Spires, said: “We are delighted with the results we have achieved following our move to the new Glasgow premises. To have managed to lift our business so significantly in the current financial climate is quite remarkable.
“Part of the success is down to the location. Our new premises are in the Merchant City, close to George Square and just five minutes walk from Queen Street. It is also the quality of the our new suites, which are even more spacious than in our previous location.
“Proof that our guests are looking for space and a bit of luxury, is demonstrated by the popularity of the three-bedroom penthouses. Glasgow is the first place that we have had accommodation of that standard and they have been a great success.
“We can also take credit for hard work on the marketing front. In particular, earlier this summer, we exhibited at the Arabian Travel Market in Dubai and that has resulted in a significant number of forward bookings for this summer.”
In addition to the two three-bedroom penthouse suites, the Spires Glasgow has one and two-bedroom suites, two-bedroom deluxe and Director’s Suites, which have a separate office room equipped with full-size desk, internet, printer and stationery.
(GK)
Construction News
28/07/2011
New Premises Bring 38% Revenue Boost For The Spires Glasgow

16/04/2025
Construction work on the £5 million repair and refurbishment project at the Loch Centre in Tranent is scheduled to commence in June 2026.
East Lothian Council has announced the anticipated start date for the significant upgrade to the well-used community facility.
Under the current timetable, the

16/04/2025
A £636,000 project to install solar panels at the Gorbals water pumping station in South Ayrshire has been successfully completed.
The scheme aims to provide a renewable energy source for pumping water to thousands of customers in the region.
The project involved the installation of 793 solar pan

16/04/2025
A planning application has been lodged with Glasgow City Council by The JR Group, acting on behalf of Wheatley Group, for the construction of 29 much-needed affordable homes in the Baillieston area of the city.
The proposed development on Caledonia Road will offer a mix of one- and two-bedroom apa

16/04/2025
Residents in 20 blocks of flats across Coatbridge are already experiencing the positive impacts of a recently completed, ambitious energy efficiency refurbishment project.
The extensive construction work has delivered significant improvements to the properties, including the installation of cavity

16/04/2025
Ground investigation works are commencing this month at the proposed site for Orkney Islands Council’s Scapa Deep Water Quay at Deepdale in Holm.
These initial investigations will be followed by marine-based site investigation works scheduled to begin in June.
These works form part of the Pre-Con

16/04/2025
Construction work has been finalised on a significant new housing development in Motherwell town centre, delivering 42 newly built, highly energy-efficient flats alongside the respectful conversion of the B-Listed YMCA building into a further six homes. The project, part of North Lanarkshire Council

16/04/2025
The Construction Industry Training Board (CITB) has today released its year-end performance data for its New Entrant Support Team (NEST), revealing a significant increase in apprenticeship starts. During the financial year 2024-25, NEST supported 4,128 individuals in commencing apprenticeships, a su

16/04/2025
A water-powered mill in Angus is set to grind grain once again after receiving a record-breaking donation to fund its restoration.
The National Trust for Scotland has announced that a long-time member of the conservation charity has gifted an incredible £2.4 million, one of the largest single dona

15/04/2025
Construction of a £70 million student accommodation development at 292-298 St Vincent Street in Glasgow has reached a significant milestone, with the building now visibly rising from the ground.
Drone footage has captured the progress of the project, which is a partnership between developer Artisa

15/04/2025
Energy regulator Ofgem is expected to confirm today (April 15) its finalised Connections Reform process, designed to expedite grid connections for renewable energy projects that are ready and crucial for achieving the UK's clean power targets for 2030 and beyond.
The new connections system, anticip