Festival buys Ramada trio
Edinburgh-based hotel, pub and restaurant group Festival Inns has bought three Ramada Jarvis hotels in Scotland for more than £10m. The deal - which adds to the group's portfolio the 60-bedroom Ramada Murrayfield and the 56-bedroom Ramada Learmouth, both in Edinburgh, and the 98-bedroom Ramada Aberdeen - is the biggest single acquisition by Festival Inns since its formation in 1997.