Folio Hotels in administration

03 December 2008 by
Folio Hotels in administration

Folio Hotels has called in the administrators because of a sharp decline in trading, reports The Times.

The group, set up in 2004, by the former managing director of Corus Hotels and Martyn Levitt, the former finance director of Firmdale Hotels, runs 36 hotels including the Harte & Garter in Windsor and Richmond Hill hotel, Richmond.

Folio, which leases its hotels, had been in discussions with its landlords over a rent holiday to allow it to continue trading.

The group was founded in November 2004 by Nicholas Crawley, the former managing director of Regal/Corus Hotels and the Scotsman Hotel Group, together with Martyn Levitt, the former finance director of Firmdale Hotels.

Last week Folio Hotels won the Young People Award at the Springboard Awards for Excellence.

Read the Times article in full >>

Harte & Garter, Windsor >>
Folio Hotels buys ex-Swallow hotels in the Highlands >>

Folio adds 19 more hotels to its collection >>

Ex Corus bosses take over five hotels >>

Folio Hotels Limited profile >>

By Chris Druce

E-mail your comments to Chris Druce here.

Caterersearch.com jobs
Looking for a new job? Find your next - hotel job here with Caterersearch.com jobs

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking