The Royal Yacht Britannia group has secured support from Santander Corporate & Commercial for its high-profile redevelopment of the former lighthouse ship, Fingal, into a luxury floating boutique hotel and events venue.
The total project cost is £5m, funded by The Royal Yacht Britannia’s trading company, Royal Yacht Enterprises.
Britannia is a major five-star visitor attraction currently berthed at Leith in Edinburgh. Recently voted Scotland’s Best Visitor Attraction for the 12th consecutive year (VisitScotland) – as well as a Top 5 UK Visitor Attraction in 2017 and 2018 (TripAdvisor) – the ship was launched from the John Brown & Co shipyard in Clydebank on 16 April 1953, and for more than 44 years served the Royal Family.
To cater for strong demand for high-calibre, quality entertainment space, the Trust is converting Fingal into a five-star hotel offering corporate hospitality and events such as weddings. Fingal’s luxury cabins are named after Stevenson lighthouses, inspired by the rich maritime heritage and Scottish craftmanship. A spectacular double height ballroom can host up to 80 guests. Currently The Royal Yacht Britannia cannot host daytime events as it is required to be open to the public under the constitution of the Trust.
Bob Downie, chief executive, The Royal Yacht Britannia Trust, said: “Developing our own hotel has been a long-held ambition, providing organic growth and, whilst generating an income stream that is not reliant on visitors to Britannia, having our own accommodation on Fingal is also expected to help increase the number of evening events we hold on The Royal Yacht. We are delighted to be working with Santander Corporate & Commercial who have been very supportive since day one.”