ACRO Global Tourism Marketer Articles: Richardson Group hotels in administration but operating

Richardson Group hotels in administration but operating
By

David
14 January 2018 (Edited )

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Hotel Owner

David H. Boggs

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Website	Visit Website https://www.richardsonhotels.co.uk/
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Related Articles	London hotel occupancy in October 2017 lowest since 2006 BHA survey: 85% of UK waitstaff and 25% of hotel chefs and housekeepers are EU citizens ONS: One of every 7 UK hotel and restaurant workers is an international migrant Accountants: 1800 UK hotels at risk of failure as a result of Brexit

External Article: https://www.hotelowner.co.uk/13201-richardson-group-hotel-chain-enters-administration/

Comments on Richardson Group hotels in administration but operating

•David
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Joined: 30 January 2012
Location: New England USA Web: DavidHBoggs.com

Total Articles: 2731
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•David

#1 - Quote - Permalink

Posted 17 January 2018:

There are 5 Richardson hotels in South Devon and Cornwall.

Per RSM Restructuring Authority spokesperson:

"... we will continue to trade all five hotels while we assess how best to proceed and we will endeavour to update all stakeholders as soon as we can..."

Owner Keith Richardson said:

"I spent too much money on the Grosvenor Hotel and I ran out of money."

Richardson says he has a recovery plan that may involve selling one of the hotels.

Is this Brexit fallout? (See the Related Article Accountants: 1800 UK hotels at risk of failure as a result of Brexit )

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