Adagio Aparthotel Edinburgh
Serviced apartments for business and leisure travel.
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 4 % | 94 % | 14 % | 25 % | (64 %) | 139 % | 94 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 74 % | 1 % | 2 % | 1 % | (29 %) | 10 % | 27 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 6 % | 8 % | 9 % | 4 % | (58 %) | (25 %) | 6 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Adagio Aparthotel Edinburgh is part of the Aparthotels Adagio brand, a joint venture between Accor and Pierre & Vacances Center Parcs Group that was launched in 2007. The Edinburgh location, situated on the Royal Mile, offers modern, serviced apartments that combine the flexibility of a private residence with the amenities of a hotel. This model caters to both business and leisure travelers, providing accommodations for varying lengths of stay.
The apartments are designed to be self-sufficient, featuring fully equipped kitchens with a fridge, microwave, hob, and dishwasher, as well as living spaces and separate bedrooms in many units. This setup allows guests to live like a local, with the freedom to cook and relax in their own space. The aparthotel also provides hotel-like services, including 24/7 reception, a fitness center, laundry facilities, and breakfast options. Its business model is based on nightly rates, similar to a hotel, but offers discounts for extended stays, making it a cost-effective option for longer trips.
The Edinburgh property is centrally located, making it a convenient base for exploring the city's main attractions, such as Edinburgh Castle. The Adagio brand operates globally with over 120 aparthotels, positioning itself as a key player in the growing market for serviced apartments.
Keywords: serviced apartments, aparthotel, extended stay, corporate housing, leisure travel, self-catering accommodation, Edinburgh lodging, hotel services, fully equipped kitchens, city-center accommodation