Mour Hotel in Nottinghamshire plunges into administration | UK | News
An award-winning hotel in Nottinghamshire has gone into administration. The operator of the 92-bed Mour Hotel, at Sherwood Business Park near Annesley, off the M1, appointed an administrator on March 18.
BTG’s Bob Maxwell and Julian Pitts, who have been appointed joint administrators of Seymour Capital Ltd, confirmed that the strike venue was still in operation but required new ownership. The hotel has not laid off any of its 60 staff and continues to operate as normal; managers announced that it would honor all existing bookings and attempt to attract additional business until a buyer is found.
Featuring event space for 150 people, meeting rooms, a high-end bar and grill restaurant, as well as a fitness centre, the business hotel was actually the first of the Dakota chain of hotels founded by former F1 driver David Coulthard and was designed by renowned hotel designer Amanda Rosa.
Bob Maxwell, partner at restructuring firm BTG, said: “The hotel is a renowned, award-winning venue that thrives on midweek business due to its stylish design and excellent location in the heart of the UK. “The business suffers from lower occupancy rates at weekends and underutilization of its excellent event facilities.
“The venue is 100 per cent open as usual and any reservations or event bookings will not be affected in any way.
“Mour’s excellent management team is helping to ensure clients receive first-class service and will bring new marketing efforts and deals to ensure business transactions occur in a positive manner as we work with agents to secure a buyer in the coming weeks.”
Joint manager Mr Maxwell said: “We intend to run the hotel with the help of all the dedicated and hard-working staff available until a commercial buyer is obtained.
“We expect great interest in the property and business, which has seen significant forward bookings due to its high quality and the recent closure of a rival venue locally.
“There are no layoffs, and we may even need to hire more staff as we enter the busier spring and summer seasons.”
