BusinessBusiness RecoveryE&Y saves 400 jobs at hotel group

E&Y saves 400 jobs at hotel group

Buyer found for six hotels in Swallow group

There was better news to report for the Swallow Hotels and London and
Edinburgh Inns group today after administrators from Ernst & Young sold the
business and assets of six hotels saving approximately 400 jobs.

Earlier this week more than 200 jobs were lost when E&Y was forced to
close 20 hotels and pubs after failing to find any buyers.

Joint administrator Roy Bailey said: ‘We are delighted to have been
successful in selling a further six properties and securing jobs of employees at
these sites. We are continuing our efforts to save the rest of the business.’

The hotels which have been sold are: Crabwall Manor Hotel, Chester; Bank
House Hotel, Worcester; New Bath Hotel, Matlock; White Hall Hotel, Great Dunmow;
Beverley Arms Hotel, Beverley; and Kingston Lodge Hotel, Kingston-Upon-Thames.

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