Henderson Park to invest £35m in refurbishment of The Caledonian

Henderson Park and Klarent Hospitality are set to invest over £35 million in the refurbishment of Waldorf Astoria Edinburgh – The Caledonian.

Following their acquisition of the 241-room hotel in July 2023 in a deal understood to be worth around £85 million, Henderson Park and Klarent plan to commence a refurbishment programme which will include upgrading and restoring the public areas, refurbishing the existing bedrooms and expanding the hotel’s capacity to over 300 rooms by early 2026.

The hotel - which is the third Edinburgh hotel in Henderson Park’s Klarent Hilton portfolio - will become part of Curio Collection by Hilton this summer.

What they said

Christophe Kuhbier, managing director at Henderson Park said: “Our continued investment in The Caledonian is testament to our stewardship of this iconic hotel, which has been a bastion of Edinburgh hospitality over a century. We look forward to working with Hilton and Klarent, our specialist hospitality operator and asset manager, to unlock The Caledonian’s full value potential on behalf of our investors and ensure it continues to enchant guests for many years to come.”

Peter Stack, chief executive of Klarent Hospitality added: “As custodians of this landmark hotel, we have committed to the significant investment and transformation that will see The Caledonian as a world-renowned, leading hotel at the heart of Edinburgh. We are delighted to celebrate the hotel’s 120th anniversary and look forward to working with the hotel team creating the next chapter for The Caley”.

Stephen Cassidy, SVP and managing director, UK&I at Hilton added: “The Caledonian has long been one of the top destination hotels in Scotland – loved by guests from all over the world and Edinburgh residents alike. The hotel is a hugely important member of the Hilton portfolio, and this exciting rebrand empowers its exceptional team to elevate the rich storytelling opportunities and continue to celebrate the hotel’s heritage.”