Suite Hospitality or SHL Hotels, which operated hotels in Windsor, Belper and Exeter under leases, has fallen into administration.
The company had a disappointing year in 2019 and had been in negotiations with major creditors and landlords to find a way for it to continue. Unfortunately, two of the landlords could not reach adequate terms and as a result, the board decided it would have to proceed to administration.
On 16 June, the directors appointed Julie Palmer and Ian Walker of Begbies Traynor's Exeter office as administrators of the company, which operated Makeney Hall (pictured) in Belper, Derbyshire, the Harte and Garter hotel in Windsor, and Buckerell Lodge in Exeter.
The company employs 110 staff, most of whom are furloughed. The administrators will now try to transfer operations of as many of the company's trading sites as possible to save jobs.