Administrators called as Arinza Star Hotels put into administration

Share article:	Tweet

UK hotel group Arinza Star Hotels, which owns hotels in Derbyshire and Lancashire, has been put into administration.
 
Legacy Hotels and Resorts has been appointed by the administrator to run the two hotels and review the situation until a decision has been made on the future.
 
John Whitfield of the Global Restructuring Advisory practice at financial advisory and investment banking firm Duff & Phelps, has been appointed Administrator (26 January).
 
Arinza Star Hotels currently owns The Mill Hotel based in Croston, Lancashire, and The Miraj Hotel and Leisure Club located in Ashbourne, Derbyshire. The Company was established in 2003.
 
“The next stage is for a comprehensive review to be undertaken at both hotels,” Whitfield said. “Legacy Hotels and Resorts has been appointed by us as administrators to act as our managing agent to carry out the reviews and operate the properties as a going concern in the interim.”
 
“We will act to ensure that all staff and customers will be kept fully updated at this difficult time as we assess the situation and work together to ensure the best outcome for the business,” he added.
 
Legacy Hotels and Resorts operates 30, three- and four-star properties across the UK and Southern Spain.
 
CEO of Legacy Hotels and Resorts, Andy Townsend, said: “We have vast experience in operating and managing hotels across the UK and have established a reputation of turning round under-performing venues.”
 
Any conference-related news? Email sarah@mashmedia.net

27 Jan 12

Meetings makeover at Norfolk Pavilion, South of England Showground Conferencing and events business at The Norfolk Pavilion at the South of England Showground has been given a new lease of life with a refurbishment... ...read more
Radisson Blu hotels roll out meetings package for trainers Radisson Blu hotels has rolled out a new dedicated meetings package for trainers, Blu Sky training, at 14 of its UK... ...read more
Olympic Park Legacy Company appoints new Director The Olympic Park Legacy Company has appointed Mark Camley as Director of Park Operations.... ...read more
Hotels with poor websites face drop in profits according to research Hotels that fail to spend time and money on their websites, face a drop in bookings and profitability, according to a new... ...read more
BI Worldwide reports strong events growth Milton Keynes-based BI Worldwide has reported a 20 per cent year-on-year increase in its confirmed events business for the half-year to December 2011.... ...read more