More than 130 jobs have been put at risk after the owner of three Holiday Inn hotels in Scotland went into administration.

A Holiday Inn in Westhill, Aberdeenshire, a Holiday Inn Express on Chapel Street in Aberdeen and another Holiday Inn Express on Picardy Place, Edinburgh, have been put up for sale.

The hotels were owned by the European Development Company, which blamed its financial troubles on the oil downturn.

Iain Fraser, administrator for FRP Advisory, said: "This administration presents a rare opportunity to acquire quality hotels with an established trade and reputation in their local markets.

"We are in advanced discussions for the sale of the Edinburgh hotel, and would urge interested parties to contact us as soon as possible with respect to the Aberdeen properties."

FRP said there are "no immediate plans" for redundancies.

The Aberdeen hotel market has struggled since the price of oil plunged in early 2014, costing thousands of jobs and severely curtailing business in the city.

Between September 2014 and September 2016, revenue earned per room in Aberdeen hotels fell by around 42%, according to Edinburgh-based analysts LJ research.

Managing director Sean Morgan said: "Based on our forward booking analysis, the outlook continues to look challenging in Aberdeen, whilst in Glasgow there is evidence of an uptake in demand for the final quarter of the year."