A hotel chain operating across a range of locations in Southern England has entered administration.
Nick Cropper, Peter Holder and Anne O’Keefe, partners at Zolfo Cooper, were appointed as joint administrators to Hollybush Hotels, trading as Martyn Leisure Breaks, on 11 October.
The company owns and operates a number of hotels across South England, with a staff of over 300.
Nick Cropper expressed his confidence in the attractiveness of the company’s hotels to an assortment of buyers and welcomes “expressions of interest from third parties to acquire any or all of the hotels and the leisure park.”
The administrators will explore “a range of options including the sale of all or part of the business as a going concern”. In the meantime, they will continue to trade the business. The hotels will remain in operation, and all bookings and deposits received from customers prior to administration will be honoured.
GVA has been appointed as the agent for the sale of the properties.
John Mitchell, director of Hotels and Leisure, GVA said: “We have already received considerable interest in these properties from well-funded parties.
“The hotels are an interesting mix: Sand Bay Leisure Resort at Weston-super-Mare is recognised as one of the best operated themed short break holiday hotels in the country, welcoming over 60,000 guests a year.
“The Prince Regent and Russell Hotels on the Weymouth seafront have magnificent views along the Jurassic coastline, and Harrisons Hotel in Shepperton has excellent potential for a variety of uses.”