Regent Inns into administration

Owner of Walkabout, Jongleurs and Old Orleans

By Insolvency News, 26 October 2009. Posted in Appointments

Regent Inns, the operator of Walkabout, Old Orleans and Jongleurs, has gone into administration, with 60 sites emerging under a new company, Intertain.

Run by Regent’s previous management, chief executive John Leslie, strategy and business development director Mike Dowell, who formerly ran Pitcher & Piano, chief operating officer Simon Kaye and chief financial officer Mike Foster, Intertain will continue to employ the 1,800 people working across the remaining 60 sites.

Three Walkabouts, including the Shaftesbury Avenue site, five Jongluers and a Quincey have been left behind in administration. Also left behind are 20 sub-let sites on which Regent was paid rent ‘occasionally’.

Regent’s administration closely follows that of Merchant Inns, who are still seeking buyers for six nationwide sites.

BDO have been appointed administrators. 

 

Comments What do you think?

  • Anonymous | 09:15 27 October 2009

    This is an extremely ill-informed article. I would expect better from the Guardian. Mr Sikka's research for the article appears to have been limited to underlining a few final reports as opposed to making any attempt to understand the industry or the good works it is doing. This sort of sensationalist drivel does nothing whatever to assist the economy.

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