Simon and Jill Rhatigan have sold their shares in the award-winning Feversham Arms hotel but have insisted it's business as usual at the property in Helmsley, North Yorkshire.
The husband and wife team, who bought the 33-bedroom hotel in 2003, have sold their shares to overseas investors following their decision to get divorced.
The move sees Simon remain as managing director at the Feversham Arms, which was named the AA's Hotel of the Year (England) in 2009-10, while Jill has resigned from her role of marketing director.
Former Michelin-starred chef Chris Staines has also left the hotel, having joined last year as food and beverage director.
"It's basically business as usual at the Feversham Arms," Simon Rhatigan told Caterersearch.com.
"I've no intention of moving on from my present position as managing director here. My discussions with my former business partners aren't concluded yet, but they are progressing."
Staines, who was brought on board last year to work alongside head chef Simon Kelly, will return to work with Heckfield Place in Hampshire, where he has remained executive chef and director of food and beverage. Heckfield Place is currently closed for a major refurbishment which is due to be completed in 2012.
By Kerstin Kühn
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