Can the Scottish capital sustain a design-led hotel when companies are forcing travellers to downgrade. Opening a new lifestyle hotel charging up to £550 a night in a regional UK city in the teeth of recession and slump in business travel is either a very brave or very foolhardy move. Scandinavian hotels group Rezidor is clearly hoping it will be the former when it officially opens the Hotel Missoni in Edinburgh on 8 June, the first of its new design-led lifestyle hotel brand located on a prime site close to Edinburgh Castle on the famous Royal Mile.

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