Scottish Rugby has announced it wants to build a hotel on land near the entrance of its BT Murrayfield Stadium in Edinburgh.

JLL’s Hotels & Hospitality Group has been instructed to source offers of interest in the site from potential investors and operators. The firm said the development opportunity is for a hotel of “between 100 and 200 rooms, and is expected to be in the three to four star sectors”.

Keith McBain, director at JLL, said this was a unique opportunity to develop a hotel in a prominent location.

He said: “BT Murrayfield is the home of Scottish Rugby and very well located.

“We expect a high level of interest from investors and operators in developing the site.”

The development will be adjacent to the main entrance of the stadium and diagonally opposite Murrayfield tram stop though this could mean having to move the existing war memorial that pays tribute to players who died during the First World War.

Scottish Rugby chiefs insisted the location of the planned hotel was not final and that they were keeping an “open mind” regarding the facility’s design and style.

Mark Dodson, Scottish Rugby’s chief executive, added: “This is part of our continuing aim to improve the facilities and enhance the customer experience at BT Murrayfield. It will help us to develop and diversify our revenue streams for the benefit of Scottish Rugby as a whole.”