Hotel management company Legacy has added three Swallow Hotel properties to its portfolio in a deal worth more than £850,000 over the contract period.
The Swallow Rose & Crown hotel in Salisbury; The Swallow Springfield hotel in Gateshead and the Swallow Aston Court hotel in Derby will now be operated by Legacy.
Andy Townsend, chief executive of Legacy, said: "We are confident that our work at the Swallow Hotels will be fruitful and our plans are to stabilise the businesses for the staff and customers and then re-position the hotels."
The deal safeguards 100 jobs. The Derby hotel contract runs for five years, the others for three.
London and Edinburgh Swallow Group collapsed in September.
Legacy now manages eight hotels, comprising 457 guestrooms. Existing sites include the Falcon hotel in Stratford-upon-Avon and the Bramhall Country hotel in Manchester.
By Chris Druce