The Caledonian Waldorf Astoria in Edinburgh has been acquired in by property investment manager Henderson Park and hotel operator Klarent Hospitality.
Previous owner Twenty14 Holdings hinted at selling the 120-year-old hotel earlier this year and a deal has now been done for a reported £85m.
The 241-room property at the west end of Princes Street now becomes the third Edinburgh hotel in the Hilton portfolio owned by Henderson Park and Klarent.