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Apex Hotels

Apex Hotels has secured funding of £29m for the expansion of its Edinburgh-based hotel chain across England, starting with 120 jobs at a new site due to open in Bath next year.

Apex Hotels is to invest £10m in the acquisition and revamp of the 104-bedroom Marks Hotel in Glasgow city centre by June.

Apex Hotels has unveiled plans for a new £35m 177-bedroom hotel and conference centre in Bath.

Apex Hotels has won planning permission for the £27m refurbishment of the Serjeants Inn hotel in London EC4 by summer 2011.

Apex is to create 80 jobs at a new 187-bedroom hotel due to open at Waterloo Place in Edinburgh in March.

Apex Hotels is planning to set up a £25m 80-bedroom hotel in Copthall Avenue, London, and a £30m 180-bedroom hotel at Waterloo Place in Edinburgh.

Apex Hotels has raised £54m from the sale and leaseback of two properties in Edinburgh, in order to fund the expansion of its hotel chain.