Your Song Rita Ora
2 December 2013, 13:11
A group of children's nursing staff from Keech Hospice have been left out of pocket after a Luton hotel went into administration.
The Strathmore has closed after the Menzies Hotel group went into administration.
A deal has been done meaning the hotels are being bought out of administration in a deal worth £80m - but The Strathmore and two other hotels in Swindon and Gatwick have been excluded from that deal.
A total of 155 jobs have been lost.
The closure means that the nurses who'd paid £300 for their party have been left out of pocket.
Rob Croxen, partner at KPMG and joint administrator, commented: “Following our appointment in May 2013 as administrators to the non-trading parent companies of Menzies Hotels Group, we have worked closely with stakeholders to secure the best possible outcome for creditors. After reviewing a number of options, it became clear that a pre-pack sale of the business and the freehold properties would provide the greatest return to creditors, while also preserving the majority of jobs across the business. Unfortunately, however, the terms of the three leasehold properties proved to be unattractive to potential buyers. We will be assisting those affected employees in claiming redundancy payments from the Redundancy Payments Office.”