Hamilton Park Racecourse has submitted plans to build a £10m hotel at its Bothwell Road site in Lanarkshire.
The 118-guestroom property, operating under the Hampton by Hilton brand, is to be built on what is currently the main public car park of the racecourse.
The project is expected to bring up to 20 new jobs to the racecourse, doubling the current number of employees.
Feasibility studies predict the hotel project will generate an additional £5.9m per year in visitor expenditure in the area, and add a gross value of £700,000 per year to the economy, with £400,000 of that directly in South Lanarkshire.
The hotel, which has been designed by local practice, ICA Architects, is expected to double the size of the racecourse’s business within three years of opening.
CEO at the racecourse Vivien Currie said: “We are delighted to unveil this landmark project for Hamilton Park Racecourse and are certain it will deliver substantial benefits to our business and the wider economy.
“The project has been driven by both public demand, largely from our local customer base, not only for racedays but for weddings and other events, and from our racing personnel. With an onsite hotel, Hamilton Park Racecourse will further enhance its reputation as a wide-ranging, world-class sporting and hospitality attraction.”
Graham Dodd, senior director, development, UK & Ireland, Hilton added: “Hampton by Hilton has grown rapidly since being introduced to Scotland last year. We will soon have six hotels operating under the brand in four key locations across Scotland and we look forward to welcoming guests to Hamilton and its racecourse in the coming years.”