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Orchid hotel in Bournemouth goes into administration

03 January 2013 by
Orchid hotel in Bournemouth goes into administration

The 34-bedroom Orchid hotel in Bournemouth is to be sold after falling into administration.

Management company Legacy Hotels and Resorts has been appointed by the administrators, Grant Thornton, to operate the Asian-inspired boutique-style property as a going concern while property agent Savills prepares to market it for sale.

The Orchid hotel was previously owned by Rel Hotels, which continues to operate the nearby 57-bedroom Inn hotel, although it is currently closed.

Meanwhile, Legacy has also just been appointed to operate another hotel in administration, the three-star, 34-bedroom, Best Western Lime Tree in Northampton.

Legacy's chief executive, Andy Townsend, said that Lime Trees has a busy diary for 2013 with nearly 100 weddings already booked. "We expect to run the hotel for around 12 to 18 months before it will eventually be marketed for sale."

The administrator for the Lime Trees hotel is Moore Stephens.

Legacy currently manages 17 hotels, around half of which are operated on a long-term basis and the remainder are which are in administration prior to being sold.

Legacy takes on management of Highbullen Hotel and Resort to prepare for sale >>

New branded hotel management company formed from Legacy Hotels and Resorts and Longrose Buccleuch >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

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