A number of hotels operated by Barinbrook Limited (formerly Akkeron Hotels (Admiral) Limited) have been sold out of administration.
The five leasehold hotels have been sold by administrators from Zolfo Cooper as a going concern to West Register (Property Investments) Limited and will be managed by Jupiter Hotels.
As a result of the deal, 133 jobs have been maintained at: Quality Hotel, Bury St Edmunds; Quality Hotel, Colchester; Quality Hotel, Peterborough; Cromwell Hotel, Stevenage; and Quality Hotel, Kings Lynn.
Nick Cropper, joint administrator and partner at Zolfo Cooper, said: “We are delighted that a sale of these five hotels has been achieved and would like to thank the staff for their support and professionalism during this process.”
Akkeron Hotels (Admiral) Ltd and Akkeron Hotels (Corby) Ltd both entered administration on 26 February, nine days after Akkeron Hotels Ltd also became insolvent.
Prior to entering administration, Akkeron Hotels (Admiral) Ltd and Akkeron Hotels (Corby) Ltd changed their name to Barinbrook Ltd and Barinbrook (Central) Ltd respectively.
Cropper, Peter Holder and Anne O’Keefe of Zolfo Cooper were appointed joint administrators of Barinbrook Limited and Barinbrook (Central) Limited on 26 February 2014.
Himley Country Hotel, operated by Barinbrook Limited, was also sold as a going concern on 28 February 2014, securing 42 jobs.