Von Essen property goes under following group's liquidation - TravelMole


Von Essen property goes under following group’s liquidation

Saturday, 04 May, 2011 0

 

Georgian Hunstrete House near Bath, which was operated by Von Essen hotels, has gone into voluntary liquidation.
 
Von Essen itself went into administration last week, with top brass assuring the media that this would not affect any of the individual properties that were under the Von Essen umbrella.
 
Hunstrete House is owned by Von Essen director Andrew Davis and has been operating as a separate entity from the Von Essen group. However, it has been failing and has only been kept afloat with Von Essen backing.
 
Administrators Ernst and Young have now declared this can no longer continue. Von Essen chief executive Charles Prew has insisted the failure of Hunstrete was a special case and the other 26 properties would continue trading.
 
He told Caterer and Hotelkeeper magazine: “The building was owned by Andrew Davis and there was an operating licence agreement for Von Essen to run it on his behalf. It has been a loss-making hotel in recent years. This is not something that’s going to happen to the other hotels.
 
“The combination of notice being served by Von Essen Investments and the continuing losses of the hotel mean that the administrators could no longer continue to support the business. As a result, regrettably there has been no option but for the company to go into liquidation.”
 
The 12 members of staff at the hotel were told of the its closure yesterday. The group will attempt to find employment for them at other Von Essen properties.
 
by Dinah Hatch

 



 

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