KSL Capital Partners has sold the 208-room Cameron House Loch Lomond for £100 million ($135 million).
The price per key is approximately £481,000 ($650,000), Green Street News reports.
According to CoStar, it is only the second hotel in Scotland outside of Edinburgh to transact for more than £100 million and is only the third to do so in all of the country.
The 232-room Gleneagles Hotel in Auchterarder, Perth & Kinross, sold in June 2015 for £140 million, while the comparable Edinburgh hotel is the 244-room W Hotel Edinburgh, which sold for £100 million in April 2025.
That makes Cameron House, 30 miles northwest of Glasgow, the second highest-value-per-key hotel in Scotland to be transacted, according to CoStar.
JLL brokered both sales of these provincial Scotland hotels.
It is believed Cameron House’s new buyer is London-based Victory Group, which acquired its first property in the United Kingdom in May 2025, the mixed-use, non-hotel asset of 103-105 Jermyn St., London.
The hotel, on the southern edge of Scotland's largest loch in size Loch Lomond, dates back to the 15th century. It spreads across 380 acres, and contains a championship golf course and a marina with 250 berths.
In 1823, its owners, the Smollett family, made changes that resulted in what is seen today.
CoStar said the asset’s room count has slightly increased or slightly decreased on a few occasions since it opened as a hotel in 1990, but there were added 68 rooms in 2022 to reach its current number.
KSL acquired the hotel in November 2015 from Los Angeles-based Canyon Partners Real Estate and Bain Capital via division QHotels.
In turn, Canyon and Bain acquired the property from De Vere Group only the November before in a six-hotel, 850-room portfolio acquisition with a price tag of £160 million, the other five hotels all being in England.
CoStar data shows De Vere paid approximately £35.3 million for Cameron House, which had 140 rooms at the time, and estimated KSL acquired it for approximately £70 million to £80 million.
A fire in December 2017 that resulted in the death of two guests closed the hotel for almost four years, according to the BBC.