AJ Capital Partners Acquires Macdonald Rusacks Hotel in St Andrews, Scotland
Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Macdonald Rusacks Hotel in St Andrews, Scotland. The 70-key hotel will begin pre-construction design and architectural work in November 2019 and will undergo complete renovations starting spring 2020. Once completed in summer 2021, the reimagined hotel will debut with an additional 44 keys and a rooftop bar and restaurant overlooking the 18th hole of the Old Course at St Andrews and the historic Swilcan Bridge. This marks the second acquisition by AJ Capital from the Macdonald Hotels & Resorts portfolio in addition to the Randolph Hotel in Oxford, England, which upon renovation will join the Graduate Hotels® collection.