AlixPartners has issued a statement regarding the appointment of Ryan Grant, Lee Causer and Catherine Williamson of AlixPartners Services UK LLP (AlixPartners) as Joint Administrators over four hotels owned and managed by Prima Hotels: The Stanneylands Hotel and Nunsmere Hall Hotel in Cheshire, The Quorn Country Hotel in Leicestershire and Hellaby Hall Hotel in Rotherham.
A further appointment has been made over the Royal Terrace Hotel in Edinburgh. The Joint Administrators are Ryan Grant, Lee Causer, Elizabeth Mackay and Catherine Williamson.
The Joint Administrators will continue to trade the hotels while exploring all options. The hotels are described as being located in very popular areas and with a healthy number of existing bookings which the administrators intend to honour. The hotels will be operated by Legacy Hotels and Resorts Limited as part of the Administration.
Business as usual
Ryan Grant of AlixPartners comments: “We will continue to trade the hotels on a ‘business as usual’ basis and intend to honour all bookings made prior to our appointment. We believe the businesses are attractive to a range of potential buyers and welcome expressions of interest from third parties to acquire any or all of the sites. We would also like to thank the staff for their continued support and professionalism during this process.”
About AlixPartners
AlixPartners is a leading global business-advisory firm of results-oriented professionals who specialize in creating value and restoring performance at every stage of the business life cycle. It thrives on its ability to make a difference in high-impact situations and to deliver sustainable, bottom-line results. The firm’s expertise covers a wide range of businesses and industries whether they are healthy, challenged or distressed. Since 1981, it has taken a unique, small-team, action-oriented approach to helping corporate boards and management, law firms, investment banks and investors to respond to crucial business issues.
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