ICSM Hospitality Insolvency New: Hotel goes bust, kicks out its staff and its guests and shuts its doors

ICSM Hospitality Insolvency New: Hotel goes bust, kicks out its staff and its guests and shuts its doors

By Harry Mottram: When a buyer wasn’t found for the Nottingham Belfry Hotel and Spa in January administrators Ian Corfield and Anthony Simmons of FRP Advisory closed the business. The 120 staff were made redundant and the remaining guests told to leave while those seeking to check in was left fuming as their bookings were cancelled and they were shown the door.

An employee of the hotel who was made redundant told the Nottinghamshire Live news website that at a staff meeting in January the business had three options for survival. These were the landlord reducing rent, the building being sold to a different company, or being made redundant, which was described as the least likely option.

Following the appointment of FRP Advisory, the hotel continued to trade while the joint administrators tried to find a buyer, but they failed, and the hotel ceased trading.

Administrators FRP Advisory previously said they were seeking a buyer for the four-star hotel and that all staff would be retained during the sale process, with trading continuing as normal. However, an email sent to customers confirmed the hotel had ceased trading. The local newspaper reported the Nottingham Belfry & Spa has 120 bedrooms, wedding and conferencing spaces and a health club and spa with 600 members.

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