Restaurant operator DRG to open £8m Glasgow aparthotel

Claire Dodd

Claire Dodd

02 February 2017

Independent Scottish restaurant operator DRG has announced plans to open an £8m aparthotel in Glasgow city centre, off the back of what it described as record annual results.

Formerly known as Di Maggio’s Restaurant Group, the company owns 18 restaurants across Scotland including Amarone and Café Andaluz. Following a £2m investment in new sites and staff training in the year to 30 April, 2016, turnover rose by 12.4% to £33.7 million with profits up 22% to £5.76m.

The new hotel will be located on St Vincent Place, above the company’s flagship restaurant, The Anchor Line, and will include 58 rooms and six penthouse suites.

Joint MD Tony Conetta said: 'It’s a very significant venture for us but we have carried out a great deal of market research and are aiming firmly at businesspeople visiting the city, as well as visitors taking in shows at The Hydro or on shopping trips to Glasgow.

'Guests won’t just benefit from the luxury accommodation and city centre location, but will also be able to take advantage of The Anchor Line’s menu for breakfast, lunch and dinner.'

A new £2m flagship restaurant and bar development, Registers, is also set to be open in Edinburgh’s historic St Andrew Square in spring 2018, as the group takes the number of restaurants in the capital to 4.

The company was founded in 1983 and currently employs 784 staff.

Related articles

News

Revolution Bars to open new Revoluciòn de Cuba in Glasgow

Revolution Bars Group is to further expand its Cuban-inspired rum-led bar chain Revoluciòn de Cuba with a new site in Glasgow; its third opening in tw

Beer & Cider

Wild Beer Co to open first bar and restaurant

Leading craft brewer, the Somerset-based Wild Beer Co, is to open its first bar and restaurant, with a new site confirmed for Cheltenham.Opening in Se

News

Charles Wells profits up 4% to £8m

Bedfordshire brewer and pub operator Charles Wells increased operating profits by 4% to £8m following major investment in its brewery and new managed

News

Michelin-starred Eneko Atxa to open restaurant at One Aldwych

Three Michelin-starred chef Eneko Atxa is to open a new Basque-themed restaurant in London’s One Aldwych Hotel.Due to open in summer 2016, the restaur